What happened
AirDAO faced a security breach, losing about 440K USD. The attacker exploited the wallet, leading to a loss of control over funds.
A breach at AirDAO resulted in the unauthorized transfer of 126.5 $ETH and 41.61M $AMB tokens. The attacker seized control of the victim's wallet, leading to the loss of access and control over the funds. The first wallet removed liquidity from ETH/AMB pool and the second one just drained the AMB treasury.
The attacker then engaged in transactions across multiple exchanges, including #Binance, #MEXC, #ChangeNOW, #KuCoin, and #BitMart. Stolen funds were converted to $ETH and subsequently deposited into @MEXC_Official via various addresses.
Removing liquidity:
AMB draining:
Example of MEXC deposits:
Protocol details
Evidence
- report @CyversAlerts incident report twitter.com
- analysis DeFiLlama defillama.com
Understand the attack patterns
Build your security review skills
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.
