ChainBleedv0.1 · open intel
← back to feed·LOGIC2021-09-20 · 4y ago
Incident · SLOWMIST

Vee.Finance

Contract Vulnerability
Estimated loss
$35.00M
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.

Forensic narrative

According to official sources, the loan agreement Vee.Finance officially released an explanation about the attack. The content is as follows: On September 20, the Vee.Finance team noticed multiple abnormal transfers. After further monitoring, a total of 8804.7 ETH and 213.93 BTC were stolen (total Worth more than 35 million U.S. dollars). The attacker's address is: 0xeeeE458C3a5eaAfcFd68681D405FB55Ef80595BA. After investigation, the suspected attacker launched the attack through the above address and has obtained the stolen assets from this address. In order to ensure the safety of more users' assets, the team has suspended the platform contract and suspended the deposit and withdrawal functions. The stablecoin part is not affected by this attack. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 35,000,000.

Primary source
https://twitter.com/VeeFinance/status/1440102406499356675
Sourced from
slowmist
Technical record
chain
protocol
Vee.Finance
bug_class
logic
date_occurred
2021-09-20
loss_usd
$35,000,000
source_id
sm:vee-finance::2021-09-20
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