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ID:

energyfi-1056

Date:

Status:

Incident Count:

August 15, 2022

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

Unknown

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Smart Contract

Bridge

Contract Vulnerabilities

Extended Method:

Lack of validation of srcAddress

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Days in Operation:

348

(0.95 Years)

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Energyfi is a cross-chain, permissionless, low-fees and energy-efficient DeFi platform Energyfi by providing a complete set of DeFi features on Moonbeam, Avax, Near, Bsc and Echain (Energyfi Chain) all while accelerating their adoption.

The team reported a bug with their bridge and suspended the bridge functions. As it turns out, the team found that the bridge from BSC to Moonbeam was subject to the following exploit: When transferring EFT from BSC to Moonbeam, users weren't able to claim their EFT on Moonbeam because a malicious address received them instead and then sold them on Energyfi swap.

Exploiter took 4 ETH into Tornado.Cash from this exploit.




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