Cryptocurrency [loss] $324,000

"The Idols NFT"

2025-01-14 [vendor] The Idols NFT [chain] ethereum
Primary Source ↗
Financial Loss $324,000 (324,000 USD)
Blockchain(s) Ethereum

Incident Details

An attacker noticed a vulnerability in a smart contract for The Idols, an NFT project that also incorporates ETH staking functionality. They discovered that a function used to distribute rewards had a bug when the sender and recipient addresses were the same, allowing a holder to repeatedly claim rewards. By taking advantage of this bug, they were able to siphon 97 stETH (~$324,000) from the project.Although The Idols boasts of two audits from several years ago, the contract containing the vulnerability may not have been audited.

Total loss estimated at $324,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
The Idols NFT

Timeline

  1. 2025-01-14 Breach occurred
  2. 2025-01-14 Publicly disclosed