ChainBleedv0.1 · open intel
← back to feed·PRIVATE-KEY2023-05-31 · 3y ago
Incident · SLOWMIST

unshETH

Private Key Leakage
Estimated loss
$375.0K
VERDICT —OUT OF SCOPE
Root cause is private-key / signer compromise — the on-chain contract behaved exactly as written. No pre-deployment source audit or bytecode review reaches the key-custody perimeter; this is operational-security territory (HSM/MPC hygiene, key rotation, hot-wallet isolation). Bytecode would show nothing wrong.
▰ METHOD
PRIVATE KEY
PRIVATE-KEY
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

The LSDFi protocol unshETH stated that at around 22:00 on May 31, one of the deployment private keys of the unshETH contract was leaked. For the sake of caution, the official has urgently suspended the withdrawal of unshETH's ETH. According to the security model, unshETH's ETH deposit (TVL up to 35 million US dollars) is protected by multi-signature + time lock and is not at risk. Attack method (per SlowMist): Private Key Leakage. Reported loss: $ 375,000.

Primary source
https://twitter.com/unsheth_xyz/status/1664534089704275968
Sourced from
slowmist
Technical record
chain
protocol
unshETH
bug_class
private-key
date_occurred
2023-05-31
loss_usd
$375,000
source_id
sm:unsheth::2023-05-31
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