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Detail Analysis

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Date:

Status:

Count:

Contributor:

December 13, 2021

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Unverified

1

zerofriction.io

Loss Amount:

10,000

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Recovered Amount:

-

Currency:

Dollars, USDT, CHE

KYC By:

Audit By:

None

None

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Website:

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Multi-Chain

Protocol

Lending

Contract Vulnerabilities

Extended Method:

Oracle manipulation

Data Sources:

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On December 13, the DeFi platform Definer oracle was attacked. This incident was caused by the problem of Definer’s implementation of the oracle in OEC. It used the token balance of a single liquidity pool at a point in time as the price source, which led to the accident. The implementation of Ethereum used ChainLink’s The oracle does not have this problem. The attacker exchanged 10,000 USDT for 30,765 CHE (loan interest & pledge position) through CherrySwap's CHE/USDT pool

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Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.