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
The unopened contract 0xFaC064847aB0Bb7ac9F30a1397BebcEdD4879841 of the MTDAO project party was attacked by a flash loan, and the affected tokens were MT and ULM, with a total profit of 487,042.615 BUSD. The attacker used the functions 0xd672c6ce and 0x70d68294 in the unopened contract to call the sendtransfer function in the MT and ULM token contracts to profit (because they are both deployed by the project party, the unopened contract 0xFaC06484 has minter permission). Attack method (per SlowMist): Flash Loan Attack. Reported loss: 487,042.615 BUSD.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- MTDAO
- bug_class
- flashloan
- date_occurred
- 2022-10-17
- loss_usd
- —
- source_id
- sm:mtdao::2022-10-17
Related — same bug class· flashloan