Cryptocurrency [loss] $2M+

Tweet by SlowMist

2024-03-08 [vendor] Unizen [chain] ethereum
Primary Source ↗
Financial Loss $2.1M (2,100,000 USD)
Blockchain(s) Ethereum

Incident Details

The Unizen defi platform lost around $2.1 million in the Tether stablecoin in an attack that took advantage of a vulnerability an external call from the project smart contract.The project team sent on-chain messages to the attacker, offering a 20% “bounty” for the return of the remaining funds.

Total loss estimated at $2,100,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Unizen

Timeline

  1. 2024-03-08 Breach occurred
  2. 2024-03-08 Publicly disclosed