DeFiGeek Community JAPAN Hack Analysis
On Apr 17, 2023. The DeFiGeek Community fell victim to a security breach in which an attacker exploited a flash loan vulnerability, causing the loss of 10 ETH (valued at over $20,000) from their DeFiGeek Community Pool Dai (fDAI-102
Dforce Network Hack Analysis
The attack on dForce network had significant consequences for the platform and its users. By exploiting a reentrancy vulnerability in the wstETH/ETH pool on Curve and the dForce wstETH/ETH Vault, the attacker was able to manipulate the virtual price of the pool, which in turn affected the oracle used by the dForce wstETH/ETH Vault
Hundred Finance Hack Analysis
On April 15th, 2023, Hundred Finance was hacked, resulting in a loss of approximately $7.4 million USD in various cryptocurrencies. The attacker exploited an integer rounding vulnerability in the platform’s contract logic when a market was empty.
Level Finance Hack Analysis
The Level Finance hack significantly affected the platform and its users, as the attacker managed to steal $1.1 million in referral rewards. This breach undermined trust in Level Finance and raised concerns about the security of similar DeFi platforms.
Merlin DEX Hack Analysis
In April 2023, Merlin DEX,a decentralized exchange (DEX) built on ZkSync, suffered a hack during a Liquidity Generation Event for its MAGE token, resulting in an estimated loss of $1.8 million from the protocol.
SushiSwap Hack Analysis
On April 9, 2023, SushiSwap suffered a security breach which led to a loss of over $3.3 million. The attack exploited a flaw in the RouteProcessor2 contract of SushiSwap’s router processor. The fallout was felt across several major chains that had previously authorized the RouteProcessor2 contract.
SafeMoon Hack Analysis
Safemoon suffered an attack in which the SFM/BNB pool was drained, resulting in a loss of $8.9M worth of ‘locked LP’. The attack was carried out by exploiting a vulnerability in the new Safemoon contract that allowed anyone to burn SFM tokens from any address, thus inflating the price of SFM tokens in the pool.
Kokomo Finance Hack Analysis
Kokomo Finance has taken off with approximately $4 million worth of user funds, leaving users unable to withdraw their funds. Wrapped Bitcoin deposits were rugged, with almost $2M of tokens still remaining in the project’s pools on Optimism.
Dexible Hack Analysis
The Dexible hack affected a total of 17 user accounts, with the majority of losses coming from a single address belonging to BlockTower Capital, a prominent investment firm.
Platypus Finance Hack Analysis
On February 17, 2023, Platypus Finance was hacked, resulting in a loss of approximately $8.5 million worth of assets. In this hack analysis, we will delve into the details of the attack, the vulnerability that was exploited, and the impact it had on the platform and its users.
