Cryptocurrency
[loss] $15M+
"Rari Capital Reports Exploit in ETH Pool; $15M Taken"
Primary Source ↗Financial Loss
$15.0M
(15,000,000 USD)
Blockchain(s)
Ethereum
Incident Details
An attacker exploited a Rari Capital ETH pool, stealing ETH worth around $15 million. The theft caused the price of Rari’s governance token to plummet by around 50%.
Total loss estimated at $15,000,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- Rari Capital
Timeline
- 2021-05-08 Breach occurred
- 2021-05-08 Publicly disclosed