BTC20Token Hack

TOTAL LOST $30K
Low Flash Loan Attacks

What happened

BTC20Token, a project running on the Ethereum blockchain, was exploited on August 19, 2023, through a flash loan attack. The attacker successfully stole 18.34 ETH, equivalent to approximately 30,478 $USD.

On August 19, 2023, BTC20Token, a "green version" of Bitcoin, that provides staking opportunities, was targeted by an attacker who leveraged a flash loan attack to exploit vulnerabilities within the project's smart contracts. As of August 22, 2023, the stolen funds remained at the attacker's original address.

The value of the stolen assets, 18.34 ETH, was approximately 30,478 $USD.

Attacker's Address:

https://etherscan.io/address/0x6CE9fa08…34C9F6

Malicious Transaction:

https://etherscan.io/tx/0xcdd93e37…0b2dbe

Malicious Contract:

https://etherscan.io/address/0xb7FbF984…F24f33

Case & protocol details

Classification Token
Protocol Type Exploit/Flash Loan Attack
Affected asset / contract BTC20
Official Website btc20.com
Protocol Twitter/X @BTC20Token

Evidence & learning

Sources and on-chain records

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