ChainBleedv0.1 · open intel
← back to feed·ETH2022-02-06 · 4y ago
Incident · CHAINSEC

Meter

Exploit
Estimated loss
$4.30M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2022-02/Meter_exp.sol
view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

With teams now using independently modified forks of ChainBridge without auditing their changes, it was only a matter of time before costly mistakes were made. In the case of Meter, their modifications to the ChainBridge code introduced a bug in the automatic wrap and unwrap of native tokens like BNB and ETH, which created an opening for a hacker to exploit. Reported loss: $4,300,000.

Primary source
https://blog.chainsafe.io/breaking-down-the-meter-io-hack-a46a389e7ae4
Sourced from
chainsec
Technical record
chain
ethereum
protocol
Meter
bug_class
unknown
date_occurred
2022-02-06
loss_usd
$4,300,000
source_id
cs:meter::2022-02-06
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