VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
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.
Forensic narrative
Mirror Protocol, a synthetic asset protocol built on Terra, has been attacked again, was attacked again, with more than $2 million in capital losses. The capital pools of Bitcoin, Ethereum and Polkadot have been exhausted, and the remaining capital pools are linked to stocks. If the vulnerability is not fixed before the market opens at 4:00 EST (16:00 GMT), all of its token asset pools will be at risk. Attack method (per SlowMist): Oracle Price Vulnerability. Reported loss: $ 2,000,000.
Primary source
https://www.theblockcrypto.com/post/149361/mirror-protocol-suffers-new-exploit-and-could-be-drained-in-hours ↗Sourced from
slowmist
Technical record
- chain
- ethereum
- protocol
- Mirror Protocol
- bug_class
- oracle
- date_occurred
- 2022-05-31
- loss_usd
- $2,000,000
- source_id
- sm:mirror-protocol::2022-05-31
Related — same bug class· oracle