Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
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.
According to community feedback, the Base ecosystem's meme coin NORMIE has been attacked. The attacker exploited a design flaw in the NORMIE token's cross-chain bridge, manipulating the price on the Base Chain using flash loans. Since transactions with NORMIE on the Base Chain incur taxes, these taxes are automatically directed to a wallet controlled by the project team. The attacker injected a large amount of funds into this wallet via flash loans, significantly diluting the token's supply and causing a flash crash in the price. Attack method (per SlowMist): Flash Loan Attack. Reported loss: $ 882,000.
- chain
- base
- protocol
- Normie
- bug_class
- flashloan
- date_occurred
- 2024-05-26
- loss_usd
- $882,000
- source_id
- sm:normie::2024-05-26