ChainBleedv0.1 · open intel
← back to feed·2020-08-24 · 5y ago
Incident · SLOWMIST

YFValue

Staking Pool Vulnerability
Estimated loss
$170.00M
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

The DeFi project YFValue (YFV) officially released an announcement stating that the team found a loophole in the YFV pledge pool yesterday, and malicious participants used the vulnerability to reset the YFV timer in the pledge separately. There is a risk of being locked in $170 million in funds. Currently, a malicious participant is trying to blackmail the team using this vulnerability. Attack method (per SlowMist): Staking Pool Vulnerability. Reported loss: $ 170,000,000.

Primary source
https://valuedefi.medium.com/yfv-update-staking-pool-exploit-713cb353ff7d
Sourced from
slowmist
Technical record
chain
protocol
YFValue
bug_class
unknown
date_occurred
2020-08-24
loss_usd
$170,000,000
source_id
sm:yfvalue::2020-08-24
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