ChainBleedv0.1 · open intel
← back to feed·LOGIC2021-05-07 · 5y ago
Incident · SLOWMIST

Value DeFi

Contract Vulnerability
Estimated loss
$10.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE CATCHABLEAI SCANNABLE
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.

▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2021-05/ValueDefi_exp.sol
view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

DeFi protocol ValueDeFi is suspected of being hacked again after being hacked on the 5th. ValueDeFi reminds users in the community, "All non-50/50 transaction pools of the project have been used. Please stop purchasing gvVALUE and vBSWAP until the project team provides a solution." It was subsequently confirmed that more than 3,000 ETH (approximately 10 million U.S. dollars) were lost. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 10,000,000.

Primary source
http://www.togater.com/584.html
Sourced from
slowmist
Technical record
chain
protocol
Value DeFi
bug_class
logic
date_occurred
2021-05-07
loss_usd
$10,000,000
source_id
sm:value-defi::2021-05-07
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