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
Synthetix, a synthetic asset issuance platform built on Ethereum, experienced an oracle attack which netted the attacker over 37 million sETH, according to Etherscan. However, the true dollar value is difficult to calculate at this time given the relative illiquidity of sETH on secondary markets. Attack method (per SlowMist): Database attack. Reported loss: 35,759,524 sETH.
Primary source
https://www.theblockcrypto.com/tiny/synthetix-suffers-oracle-attack-potentially-looting-37-million-synthetic-ether/ ↗Sourced from
slowmist
Technical record
- chain
- ethereum
- protocol
- Synthetix
- bug_class
- oracle
- date_occurred
- 2019-06-25
- loss_usd
- —
- source_id
- sm:synthetix::2019-06-25
Related — same bug class· oracle