AirDAO Hack

REPORTED LOSS $440K
Low Access Control

What happened

Quick Summary

AirDAO faced a security breach, losing about 440K USD. The attacker exploited the wallet, leading to a loss of control over funds.

Details of the Exploit

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.

Block Data Reference

Removing liquidity:

https://etherscan.io/tx/0x2e0087b7…ec91b4

AMB draining:

https://etherscan.io/tx/0x46d0f576…25ff1e

https://etherscan.io/tx/0xdab3475f…c343fe

Example of MEXC deposits:

https://etherscan.io/tx/0xafde2ebe…e8edda

Case & protocol details

Classification Other
Protocol Type Exploit/Access control
Affected asset / contract AMB
Official Website airdao.io/
Protocol Twitter/X @airdao_io

Evidence & learning

Attack pattern

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Access Control Attacks

Sources and on-chain records

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