ChainBleedv0.1 · open intel
← back to feed·2022-12-25 · 3y ago
Incident · SLOWMIST

Rubic

Data incoming error
Estimated loss
$1.40M
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/2022-12/Rubic_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 multi-chain exchange protocol Rubic was hacked and lost more than $1.4 million. The attacker has transferred 1,100 ETH to the Tornado Cash mixing protocol. According to the analysis of the SlowMist security team, the root cause of the attack is that the Rubic protocol wrongly added USDC tokens to the Router whitelist, resulting in the theft of USDC tokens of users authorized to the RubicProxy contract. Attack method (per SlowMist): Data incoming error. Reported loss: $ 1,400,000.

Primary source
https://foresightnews.pro/news/h5Detail/15051
Sourced from
slowmist
Technical record
chain
protocol
Rubic
bug_class
unknown
date_occurred
2022-12-25
loss_usd
$1,400,000
source_id
sm:rubic::2022-12-25
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