Cryptocurrency [loss] $689,400

Tweet by PeckShieldAlert

2023-05-23 [vendor] CS token [chain] ethereum
Primary Source ↗
Financial Loss $689,400 (689,400 USD)
Blockchain(s) Ethereum

Incident Details

An attacker exploited the brand new $CS token for almost $700,000 using a flash loan exploit. They then swapped the funds into around 383 ETH ($689,400) and laundered them through Tornado Cash.

Total loss estimated at $689,400.

Technical Details

Initial Attack Vector
Flash loan attack on smart contract
Vendor / Product
CS token

Timeline

  1. 2023-05-23 Breach occurred
  2. 2023-05-23 Publicly disclosed