Cryptocurrency [loss] $50M+

"Binance Chain DeFi Exchange Uranium Finance Loses $50M in Exploit"

2021-04-28 [vendor] Uranium Finance [chain] bsc
Primary Source ↗
Financial Loss $50.0M (50,000,000 USD)
Blockchain(s) Bsc

Incident Details

A bug in Uranium Finance, a DeFi exchange based on Binance Smart Chain, allowed an attacker to drain the liquidity pools for multiple token pairs. Uranium had just commissioned an audit which uncovered the bug, but the attack occured two hours before the patch went live. An apparent member of Uranium’s development team wrote that they believed the attack had been the result of leaked information.

Total loss estimated at $50,000,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Uranium Finance

Timeline

  1. 2021-04-28 Breach occurred
  2. 2021-04-28 Publicly disclosed