Ara Blocks Hack

TOTAL LOST $125K
Low Flash Loan Attacks

What happened

Quick Summary

Ara Blocks, an NFT project, was exploited via flashloan attack, causing a loss of 124,915 $USD.

Details of the Exploit

Ara Blocks, an NFT project on the Binance Smart Chain, fell victim to a flashloan attack. The attacker exploited the project, resulting in a loss of 124,915 $USD. The stolen funds were then transferred to another externally owned account (EOA) which currently holds all the assets.

Block Data Reference

Attacker Address:

https://bscscan.com/address/0xF84efA8a…131366

Funds Holder Address:

https://bscscan.com/address/0xC8B5ecfA…6Ca0D1

Malicious Contract Address:

https://bscscan.com/address/0x98e241BD…6B04F9

Malicious Transaction:

https://bscscan.com/tx/0xd87cdecd…3023b2

Case & protocol details

Classification NFT,Other
Protocol Type Exploit/Flash Loan Attack
Affected asset / contract ARA
Official Website ara.one/
Protocol Twitter/X @AraBlocks

Evidence & learning

Attack pattern

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Flash Loan Attacks

Sources and on-chain records

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