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ID:

fortress-protocol-888

Date:

Status:

Incident Count:

May 8, 2022

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

No

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Audit By:

Audits:

Ether Authority, Hash0x

Loss Amount:

2,957,364

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Recovered:

-

Rewards:

Currency:

USD, FTS

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Protocol

Lending

Contract Vulnerabilities

Extended Method:

Oracle price manipulation

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Days in Operation:

409

(1.12 Years)

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Fortress Protocol provides lending, borrowing, and earning interest + $FTS. The protocol is built by the (No Suggestions) Team.

Fortress has been exploited with what the Dev Team believes is an oracle manipulation attack draining all funds. The stolen funds have been bridged to Ethereum and deposited into Tornado via 1,048.1 ETH & 400,000 DAI.

Peckshield indicated that the attack is based on a price oracle manipulation from UMB Network, where voting power has been disabled allowing anyone to update the price.

We reviewed the two audit reports and found that the conclusions were almost as if they were written by the same person concluding that the ' Security state of the reviewed contract, based on extensive audit procedure scope is “Well Secured”.'

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