Cryptocurrency [loss] $30M+

"Spartan Protocol exploit results in loss of $30M"

2021-05-01 [vendor] Spartan Protocol [chain] bsc
Primary Source ↗
Financial Loss $30.0M (30,000,000 USD)
Blockchain(s) Bsc

Incident Details

A flawed calculation pertaining to the liquidity pool of Spartan Protocol allowed an attacker to drain $30 million from the project.

Total loss estimated at $30,000,000.

Technical Details

Initial Attack Vector
Software bug / unintentional loss
Vendor / Product
Spartan Protocol

Timeline

  1. 2021-05-01 Breach occurred
  2. 2021-05-01 Publicly disclosed