Cryptocurrency
[loss] $4M+
Tweet thread by CertiK Alert
Primary Source ↗Financial Loss
$4.0M
(4,000,000 USD)
Blockchain(s)
Ethereum
Incident Details
Starstream, a defi project built on the Andromeda layer 2 Ethereum protocol, had its treasury drained. Blockchain security company CertiK reported that the treasury appeared to have contained around $4 million in STARS, all of which was stolen. Shortly after the hack, the attacker transferred 900 ETH ($2.9 million) to a crypto tumbler. Starstream had been audited by two security firms prior to the exploit.
Total loss estimated at $4,000,000.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- Starstream
Timeline
- 2022-04-07 Breach occurred
- 2022-04-07 Publicly disclosed