Auros Hack
Incident Overview
Auros market maker filed for bankruptcy. It holds approximately 20M USD frozen assets in the FTX exchange. The official statement was published on the 20th of December 2022.
A significant amount of Auros assets were stored on the FTX exchange, which filed for bankruptcy on the 11th of Nov 2022.
On the 13th of Dec has defaulted on an 8,400 $wETH loan on the crypto lending protocol Maple Finance.
The official statement was published on the 20th of Dec: https://twitter.com/Auros_global/status/1605227442838175745
Incident Report
Protocol Information
Market Context at Time of Hack
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Auros, these are the critical security checks that could have prevented this incident (December 2022).
- Verify all logic paths related to Other are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
Free TrialSecurity Audit History
- Audit Report 1 Report
Sources & References
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Web Archive https://archive.ph/wip/NSxBg
Learn to Prevent the Next Auros
The Auros hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.