ID:
88mph-1141
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Multi-chains
Dapp
Lending
Rewards - Bug Bounties
Extended Method:
Unprotected initialization function - missing onlyOwner modifier
Days in Operation:
1074
(2.94 Years)
100 pts each
88mph lets you lend your crypto assets at a fixed interest rate.
Whitehat Ashiq Amien, security researcher at iosiro, disclosed a critical vulnerability in 88mph’s CRV:RENWBTC, CRV:STETH, and yaLink pools to Immunefi. The vulnerability was an unprotected init() function in the code of these specific pools that would have allowed a malicious user to steal $6.5m in tokens, mostly in crvRenWBTC. Following Immunefi’s disclosure of the bug, 88mph quickly paused the affected contracts, whitehacked all user funds, and returned those funds to their rightful owners after they had been saved. In recognition of the vulnerability’s potentially devastating impact, 88mph is awarding iosiro a bounty of $42,069 at the request of the whitehat.
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