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
SperaxUSD, the Arbitrum ecological stablecoin protocol, tweeted that an attacker increased the token balance of his address to 9.7 billion without providing the corresponding collateral, and before the Sperax team and Arbitrum ecosystem partners jointly stopped, Approximately $300,000 was liquidated. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 300,000.
Sourced from
slowmist
Technical record
- chain
- arbitrum
- protocol
- SperaxUSD
- bug_class
- logic
- date_occurred
- 2023-02-04
- loss_usd
- $300,000
- source_id
- sm:speraxusd::2023-02-04
Related — same bug class· logic