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ID:

bzx-538

Date:

Status:

Incident Count:

February 18, 2020

Verified

5

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

Certik, Peckshield

Loss Amount:

645,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Multi-Chain

Protocol

Lending

Flash Loans

Extended Method:

Flash loan attack

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Days in Operation:

774

(2.12 Years)

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bZx was attacked again with an estimated loss of $645,000 of ETH. There are quite a few misunderstandings circulating around about the nature of this particular hack. Peckshield emphasized that this is not an oracle attack. Instead, it is a clever arbitrage execution, which did exploit a bug in bZx smart contract implementation to allow for the leakage of supposedly-locked bZx funds to Uniswap and further absorb the leaked funds into a Compound position.

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