ChainBleedv0.1 · open intel
← back to feed·ORACLE2024-07-19 · 1y ago
Incident · SLOWMIST

Rho Markets

Oracle Misconfiguration
Estimated loss
$7.60M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
ORACLE
ORACLEBYTECODE 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.

Forensic narrative

A misconfiguration in the Rho Markets lending protocol allowed an MEV bot operator to take $7.6 million from the project's users across multiple chains. The MEV bot operator sent an on-chain message indicating their willingness to return all the funds. Subsequently, the MEV bot operator returned the funds as planned. Attack method (per SlowMist): Oracle Misconfiguration. Reported loss: $ 7,600,000.

Primary source
https://www.panewslab.com/zh/sqarticledetails/wdq528s5.html
Sourced from
slowmist
Technical record
chain
protocol
Rho Markets
bug_class
oracle
date_occurred
2024-07-19
loss_usd
$7,600,000
source_id
sm:rho-markets::2024-07-19
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