Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Bitcoin DeFi application Sovryn tweeted that it found a vulnerability affecting the lending pool and was attacked. The attacker used the abandoned lending protocol to withdraw 44.93 RBTC and 211,045 USDT. After the developer detected the attack, the system entered maintenance mode. Half of the funds will be recovered, and any additional losses will be fully compensated by the treasury. A plan to restore system functions and provide post-mortem analysis will also be formulated in the future. Attack method (per SlowMist): Price Manipulation. Reported loss: 44.93 RBTC + 211,045 USDT.
- chain
- bitcoin
- protocol
- Sovryn
- bug_class
- oracle
- date_occurred
- 2022-10-05
- loss_usd
- —
- source_id
- sm:sovryn::2022-10-05