VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
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
On Oct 31st, Collaterizable Leverage Lending Platform Shoebill Finance experienced a security incident affecting the BTC Market on the BOB chain. The incident stemmed from an unexpected interaction within the oracle configuration during the integration of solvBTC and solvBTC.BBN assets. This interaction inadvertently created an exploitable condition that was leveraged by the attacker through a multi-stage exploit. Attack method (per SlowMist): Oracle Misconfiguration. Reported loss: $ 1,520,000.
Primary source
https://medium.com/@shoebill.finance/shoebill-finance-incident-report-btc-market-on-bob-chain-8b5b487eed7c ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Shoebill Finance
- bug_class
- oracle
- date_occurred
- 2024-10-30
- loss_usd
- $1,520,000
- source_id
- sm:shoebill-finance::2024-10-30
Related — same bug class· oracle