Aave Protocol Hack

Reported loss $1.2M
Phishing

What happened

A user's Aave Protocol assets were stolen using phishing attack, which resulted in a loss of 1,201,576 $USD.

A user approved trading for four different tokens of Aave Protocol, such as $aArbWETH, $aFanWETH, $aArbWBTC and $aFanUSDC, possible via phishing attack. The attacker took the assets and then swapped them into 1,201,576 $USDC using four smart contract with unverified source code, and than all selfdestructed. The funds were transferred through Celer Bridge.

Attacker addresses:

Address 0x053a…08d1

Address 0x0a00…0012

Malicious transaction:

Tx 0x3c79…2467

Approval transaction:

Tx 0x4d8e…4ed1

Protocol details

Classification Borrowing and Lending
Protocol Type Exploit/Phishing

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