ChainBleedv0.1 · open intel
← back to feed·FLASHLOAN2022-10-18 · 3y ago
Incident · SLOWMIST

PLTD

Flash Loan Attack
Estimated loss
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE 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/2022-10/PLTD_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

The PLTD project was attacked by hackers, all BUSD in its trading pool was sold out, and the attackers gained a total of 24,497 BUSD. This attack mainly exploits the code loopholes in the PLTD contract, reduces the PLTD token balance in Cake-LP (0x4397c7) to 1 through a flash loan attack, and then uses the PLTD in hand to exchange all BUSD into the attack contract . Attack method (per SlowMist): Flash Loan Attack. Reported loss: 24,497 BUSD.

Primary source
https://www.panewslab.com/zh/sqarticledetails/p4ochu0v.html
Sourced from
slowmist
Technical record
chain
protocol
PLTD
bug_class
flashloan
date_occurred
2022-10-18
loss_usd
source_id
sm:pltd::2022-10-18
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