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ID:

treasure-dao-57

Date:

Status:

Incident Count:

March 2, 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:

None

Loss Amount:

1,400,000

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Recovered:

-

Rewards:

Currency:

USD, MAGIC

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Arbitrum

NFTs

NFTs

Contract Vulnerabilities

Extended Method:

input validation error, bug in distinguishing ERC721 and ERC1155 in buyItem()

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Days in Operation:

372

(1.02 Years)

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Treasure, the biggest marketplace for non-fungible tokens (NFTs) on the Arbitrum blockchain, has been hit by an exploit. Exploiter was able to purchaser a large number of NFTs without having to pay anything for the item. Treasure DAO co-founder John Patten confirmed the exploit in a tweet posted on the evening of March 2. Early on March 3, blockchain security and data firm PeckShield published an analysis of the incident — claiming that more than 100 NFTs from several collections had been stolen from the Treasure marketplace. Estimated loss runs in $1.4M.

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