ChainBleedv0.1 · open intel
← back to feed·2021-06-29 · 4y ago
Incident · SLOWMIST

THORChain

False top-up
Estimated loss
$140.0K
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

THORChain, a decentralized cross-chain transaction protocol, tweeted that a malicious attack against THORChain was discovered. THORChain nodes have responded and isolated defenses. The capital loss caused by this attack was US$140,000, but THORChain stated that user funds will not be affected. The fund pool will be used to make up for the leaked funds. The team stated that the path of the attack was that EthBifrost had a logical error in processing the same symbol as ETH. THORChain claimed that it repaired Bifrost within 30 minutes and adopted node defense to stop Bifrost and THORNode. The team said it will also invest funds for ongoing code reviews and monitoring. Attack method (per SlowMist): False top-up. Reported loss: $ 140,000.

Primary source
https://twitter.com/THORChain/status/1409637636638011395
Sourced from
slowmist
Technical record
chain
protocol
THORChain
bug_class
unknown
date_occurred
2021-06-29
loss_usd
$140,000
source_id
sm:thorchain::2021-06-29
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