AutoSharkFinance Hack

Reported loss $2.0M
Other

What happened

The attacker's address:

Address 0xfcf6…08f4

The example of transaction behind the attack:

Tx 0x8769…670f

The hack is made possible due to a profit inflation bug, which was exploited to donate a large amount of $NOVAs so that a huge amount of $JAWS tokens can be minted as a reward.

The attacker (based on the example tx):

  • Flash loaned 2.5K BNB
  • Swapped 569 BNB to 186.5K NOVA
  • Deposited  186.5K NOVA to Shiba's NOVA/WBNB LP
  • Called getReward() to swap 3.69e-06 NOVA to 561 BNB
  • Swapped 280 BNB to 3362 JAWS
  • Added liquidity with 280 BNB and 3362 JAWS into JAWS/WBNB LP, receiving 955 LP tokens
  • Minted 640,050 JAWS as a reward because of the inflated value of 955 JAWS/WBNB LP tokens
  • Called withdrawAll() to withdraw 640,050 JAWS
  • Swapped received JAWS to 509 BNB

Stolen funds were bridged into Ethereum. The attacker deposited ETH into Tornado Cash mixer:

Address 0xfcf6…08f4

Protocol details

Classification Exchange (DEX)
Protocol Type Exploit/Other
Affected asset / contract SHARK
Protocol links Website @AutoSharkFin

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