Blueberry Protocol Foundation Hack

TOTAL LOST $1.3M
Medium Other

Summarize with AI

ChatGPT Perplexity Claude Grok
Affected Chain 2024 Incident surface
Recovered $1.1M 80.1% returned
All-Time Rank #768 By amount stolen
Protocol Type Exploit/Other Target category

Incident Overview

Quick Summary

Blueberry DeFi leverage project exploited due to a contract vulnerability, resulting in the loss of 91 $ETH or approximately 266,023 $USD.

Details of the Exploit

Blueberry, a decentralized financial lending and leverage protocol, suffered an exploit on February 23, 2024.An attacker attempted to exploit the vulnerability, but was overtaken by c0ffeebabe.eth, a well-known MEV bot and whitehat operator that had previously beaten other exploits and returned funds to projects. Initially 457.7 ETH was withdrawn from the project, but 366.6 ETH was of that was able to be returned.The remaining 91 ETH, worth about $1,350,000, was lost due to validator payments.

Block Data Reference

Validator Payment Transaction:

https://etherscan.io/tx/0x6b6231c1…3d3853

Funds Return Transaction:

https://etherscan.io/tx/0xc4d45a51…386a52

c0feebabe.eth's Contract Address:

https://etherscan.io/address/0x3AA228a8…0a6809

Incident Report

Protocol / Project Blueberry Protocol Foundation
Date of Incident
Attack Technique Other
Classification Yield Aggregator,Borrowing and Lending
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Other
Affected Token bWETH
Official Website www.blueberry.garden/
Protocol Twitter/X @blueberryFDN
Team Anonymous
Source Code Verified On-Chain

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.

Technical Knowledge Deep understanding of other and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in Blueberry Protocol Foundation's contract logic - root cause: yield aggregator,borrowing and lending
Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block
Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Likely — with a thorough Other audit checklist and test coverage

If you're auditing a protocol with similar architecture to Blueberry Protocol Foundation, these are the critical security checks that could have prevented this incident (February 2024).

  • 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 Trial

Funds Recovery

80.1%

Recovered

$1.1M

Net Loss

266088

Sources & References

Browse all hacks

These hacks used the same attack technique. Understanding the pattern helps prevent future exploits.

DeFiTuna $570K
Other
Cascade $1.3M
Other
Lumi Finance $264K
Other
Hinkal $820K
Other
AIDCToken $121K
Other
Polymarket $3.0M
Other

Learn to Prevent the Next Blueberry Protocol Foundation

The Blueberry Protocol Foundation 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.

Start Free Trial Browse Attack Library
Recreate exploit patterns safely Free Trial