ChainBleedv0.1 · open intel
← back to feed·FLASHLOAN2024-07-15 · 1y ago
Incident · SLOWMIST

Minterest

Flash Loan Attack
Estimated loss
$1.40M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE CATCHABLEAI SCANNABLE
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/2024-07/Minterest_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

According to Fuzzland co-founder Chaofan Shou, the cross-chain lending protocol Minterest was attacked. The attacker used a flash loan attack, resulting in a loss of approximately $1.4 million for the protocol. Attack method (per SlowMist): Flash Loan Attack. Reported loss: $ 1,400,000.

Primary source
https://x.com/Minterest/status/1812540672248820033
Sourced from
slowmist
Technical record
chain
protocol
Minterest
bug_class
flashloan
date_occurred
2024-07-15
loss_usd
$1,400,000
source_id
sm:minterest::2024-07-15
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