Cryptocurrency
[loss] $265,000
Tweet by CertiK
Primary Source ↗Financial Loss
$265,000
(265,000 USD)
Recovered
$1.1M
Blockchain(s)
Ethereum
Incident Details
The Blueberry defi leverage project had a bug in their lending contract, where improper decimal handling allowed for an exploit. An attacker tried to exploit the vulnerability, but was front-run by c0ffeebabe.eth, a well-known MEV bot operator and whitehat who has in the past been able to front-run other exploits and return the funds to the projects.About 457.7 ETH ($1.35 million) was drained from the project, but 366.6 ETH ($1.08 million) of that was able to be returned. The remaining 91 ETH ($265,000) was lost to validator payments.Blueberry paused their protocol as they investigated the hack, and stated that they “aim for a full repayment to users as the goal”.
Total loss estimated at $265,000.
Technical Details
- Initial Attack Vector
- MEV / sandwich attack
- Vendor / Product
- Blueberry Protocol narrowly avoids $1.3 million
Timeline
- 2024-02-22 Breach occurred
- 2024-02-22 Publicly disclosed