Cryptocurrency [loss] $1M+

"Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct"

2022-04-21 [vendor] ZEED [chain] bsc
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contract, the hacker then called the contract’s self-destruct function, making it impossible for the funds to ever be withdrawn.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

  1. 2022-04-21 Breach occurred
  2. 2022-04-21 Publicly disclosed