ChainBleedv0.1 · open intel
← back to feed·LOGIC2023-03-17 · 3y ago
Incident · SLOWMIST

ParaSpace

Contract Vulnerability
Estimated loss
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE CATCHABLEAI SCANNABLE
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/2023-03/paraspace_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

ParaSpace is suspected to have been attacked and it appears that 2,900 WETH were transferred out, with many claiming inconsistent data on the number of loans, health factors and cAPE amounts. However, a security firm tweeted that it had stopped the attack on ParaSpace, saving 2900 ETH assets. ParaSpace tweeted that all user funds and assets on ParaSpace are currently safe, no NFTs were lost, and the financial loss of the protocol was minimal, between 50-150 ETH, due to hackers The slippage caused by the token exchange during the attack. Attack method (per SlowMist): Contract Vulnerability. Reported loss: 150 ETH.

Primary source
https://twitter.com/ParaSpace_NFT/status/1636617953599946752
Sourced from
slowmist
Technical record
chain
protocol
ParaSpace
bug_class
logic
date_occurred
2023-03-17
loss_usd
source_id
sm:paraspace::2023-03-17
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