Cryptocurrency
[loss] $1M+
"Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct"
Primary Source ↗Financial Loss
$1.0M
(1,041,237 USD)
Blockchain(s)
Bsc
Incident Details
An attacker targeted the ZEED defi projects, successfully using a flash loan attack to pull just over $1 million from the project. With the funds transferred to the attack contract, the hacker then called the contract’s self-destruct function, making it impossible for the funds to ever be withdrawn. It’s unclear if this was intentional and done as a sort of statement, or if the attacker intended to take the profit for themselves but forgot to do so before destroying the contract.
Total loss estimated at $1,041,237.
Technical Details
- Initial Attack Vector
- Flash loan attack on smart contract
- Vendor / Product
- ZEED
Timeline
- 2022-04-21 Breach occurred
- 2022-04-21 Publicly disclosed