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Detail Analysis

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Date:

Status:

Count:

Contributor:

July 3, 2021

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Verified

1

zerofriction.io

Loss Amount:

6,427,920

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Recovered Amount:

-

Currency:

Dollars, xBTC, xUSD, XHV

KYC By:

Audit By:

None

None

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Website:

No data

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:

Protocol

Contract Vulnerabilities

Extended Method:

1. Miner reward validation hack, 2. xJPY to xBTC conversion/transfer, 3. Hidden burn/mint amount bug, 4. Zero value price record due to oracle being disabled

Data Sources:

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Based on Monero’s privacy-centric DeFi protocol Haven Protocol (XHV), it released analysis reports and measures for three serious attacks related to it in late June. The chain rollback plan will be initiated and a hard fork will be implemented. Fix the known vulnerabilities in protocol minting. Regarding specific attacks, on June 24, 203,000 xUSD and 13.5 xBTC were minted in two attacks; on June 27, an unknown amount of XHV was minted due to a vulnerability in the conversion verification of xAsset; June 29 , The attacker exploited a vulnerability that allowed the minting of 9 million xUSD.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

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.