ChainBleedv0.1 · open intel
← back to feed·2022-01-18 · 4y ago
Incident · SLOWMIST

Multichain

The validity of the parameter is not checked
Estimated loss
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.

Forensic narrative

The cross-chain bridge Multichain said that an important vulnerability affecting six tokens of WETH, PERI, OMT, WBNB, MATIC, and AVAX was officially discovered. Now the vulnerability has been successfully repaired, and all users' assets are safe and cross-chain. Transactions will not be affected. However, if the user has authorized these six assets, he needs to log in as soon as possible to revoke the authorization, otherwise the assets may be at risk. According to the official announcement on the 19th, because some users did not cancel the authorization in time, the stolen funds were about 445 WETH, worth about 1.43 million US dollars. Attack method (per SlowMist): The validity of the parameter is not checked. Reported loss: 455 ETH.

Primary source
https://twitter.com/MultichainOrg/status/1483110393543544832
Sourced from
slowmist
Technical record
chain
protocol
Multichain
bug_class
unknown
date_occurred
2022-01-18
loss_usd
source_id
sm:multichain::2022-01-18
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