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ID:

uniswap-1000

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Date:

Status:

Incident Count:

July 11, 2022

Verified

2

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

No

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50 pts

Audit By:

Audits:

None

Loss Amount:

4,700,000

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Recovered:

-

Rewards:

Ticker:

USD

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100 pts each

Two users of Uniswap v3 LP tokens were exploited and about $4.3M were taken into WBTC and then converted into ETH. Funds were laundered into Tornado.Cash. As of the reporting date, a total of 240 WBTCs converted to 3287 ETHs (~US$4.7 million) were exploited.

According to Denley, the phishing attack works by sending unsuspecting users a “malicious token” called “UniswapLP” — made to appear as coming from the legitimate “Uniswap V3: Positions NFT” contract by manipulating the “From” field in the blockchain transaction explorer.

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