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ID:

paraspace-1498

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Date:

Status:

Incident Count:

March 17, 2023

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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50 pts

Audit By:

Audits:

Several

Loss Amount:

-

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Recovered:

-

Rewards:

Ticker:

USD, cAPE

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100 pts each

BlockSec successfully blocked an attack and rescued 2900 ETH from an attacker. According to onchain messgaing, the failed attacker was not able to construct a contract with sufficient gas. Onchain data indicated that the failed attacker made 3 attempts at the exploit but ran out of gas on each attempt. The failed attacker funded his attack from Railgun.

Root cause for the exploit was that the attacker can borrow more tokens as his scaledBalance will be enlarged by depositing into the position of the proxy (0xC5c9), i.e., specifying the _recipient of depositApeCoin(), due to a flawed logic in the borrow() of the ParaProxy contract.

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