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ID:

qidao-protocol-1234

Date:

Status:

Incident Count:

October 24, 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:

188,000

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Recovered:

-

Rewards:

Ticker:

USD, MAI

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum, Polygon

Protocol

Dexes

Flash Loans

Extended Method:

Price arbitrage

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Days in Operation:

510

(1.40 Years)

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Certik Alert reported that an attacker was able to extract ~$188k from lending contract IB Market MAI (mMAI-4), 0x3dC, by exploiting a flaw in 3rd party price calculation. QiDaoProtocol states their contracts are unaffected and http://mai.finance remains safe!

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