The DEFI document protocol is hacked to Ethereum, also known as properly executed synthetic materials, which led to the loss of the total total value (TVL) -355,000 dollars at the time of the attack.
The penetration of March 30 was first discovered by Blockchain security companies Tennar -Alor and resolutionAnd both of them post warnings on X to alert users to the protocol.
The founder of the protocol, known only as Xatarr, described the penetration as “the worst news that a protocol (SIC)”, but suggested that the team intend to try to maintain the protocol despite the setback.
source: Sir.trading on x
The “smart attack” targeted the cellar of the contract
resolution Described The penetration as a “smart attack” aimed at the call -reaction function used in the “base of the weak contract” of the protocol that enhances the ETHEREM transit feature.
According to Decurity, the attacker was able to replace the real UnisWAP collection address used in this call -bodily response function under the control of the infiltrator, which allowed him to redirect money in a cellar to their address. Tenarmoralet more Make up By calling for this call -reaction function over and over, the attacker was able to completely drain TVL for the protocol.
source: resolution
SuPLABSYI, from Subremacy Flockchain, went to more the details In the attack in the X Publishing, saying that he may show an ethereum transient storage.
It was transient storage Add To ethereum with Dencun’s upgrade last year. The new feature allows the storage of temporary data that leads to a decrease in gas fees from regular storage.
According to For SuPlabsyi, it is still a “emerging feature”, and the attack may be one of the first to take advantage of weaknesses.
“This is not just a threat aimed at one case of uniswapv3swapcallback,” said Subsie.
Tenarmorscurity He said The stolen boxes are now deposited in the title funded by Railgun Solutions ETHEREUM. XATARRER has since reached railgun for help.
Related to: Defi Hacks decreased 40 % in 2024, CEFI violates $ 694 million – Hakin
my lord Documents He explains that he has been described as “a new Defi Protocol to get a more safety crane.” The declared purpose of the protocol was facing some supported trading challenges, “such as volatility and liquidation risk, which makes it safer for long -term investment.”
While it was aimed at the safer trading, the protocol documents did warning Although users are scrutinized despite its scrutiny, its smart contracts still contain errors that can lead to financial losses – highlighting the podium’s basement as certain areas of weakness.
“Errors or non -discovered errors in Sir smart contracts may lead to financing losses. They may stem from the complex logic of cellar mechanics or benefit accounts that failed to scrutinize users, exposing users to rare but critical failure,” says project documents.
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