Paid Network

Exploit

Estimated loss

$160.00M

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.

▰ PROOF OF CONCEPT

DEFIHACKLABS

src/test/2021-03/PAID_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

PAID Network, a crypto project that utilizes an Ethereum-based token, has suffered a contract exploit, resulting in the minting of nearly $160 million worth of tokens by the attacker. Reported loss: $160,000,000.

Primary source

https://www.theblockcrypto.com/linked/97411/paid-network-token-minting-exploit-eth ↗

Sourced from

chainsec

Technical record