Sherlock

Affected by Euler Finance Attack

Estimated loss

$4.50M

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.

Forensic narrative

Sherlock is a DeFi security provider that provides smart contract auditing and insurance services. When Euler first launched, it entered into a $10 million partnership with Sherlock, who was responsible for auditing Euler's smart contracts and providing insurance for Euler. After Euler was attacked, Sherlock has passed a vote to pay Euler $4.5 million. Attack method (per SlowMist): Affected by Euler Finance Attack. Reported loss: $ 4,500,000.

Primary source

https://twitter.com/sherlockdefi/status/1635366485123268610 ↗

Sourced from

slowmist

Technical record