ChainBleedv0.1 · open intel
← back to feed·ACCOUNTING2024-01-11 · 2y ago
Incident · SLOWMIST

Wise Lending

Contract Vulnerability
Estimated loss
$464.0K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
ACCOUNTING
ACCOUNTINGBYTECODE 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/2024-01/WiseLending02_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

The @Wise_Lending market was exploited today, resulting in ~177 ETH loss (~$464K). Our initial analysis shows the share accounting logic is flawed with a precision issue to drain the market funds. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 464,000.

Primary source
https://twitter.com/peckshield/status/1745907642118123774?s=46&t=DLwbX9Nw4QECiyZQ0av-fg
Sourced from
slowmist
Technical record
chain
protocol
Wise Lending
bug_class
accounting
date_occurred
2024-01-11
loss_usd
$464,000
source_id
sm:wise-lending::2024-01-11
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