CheeseBank Hack
Incident Overview
Cheeseball (CB) is a cryptocurrency launched in 2024and operates on the Solana platform. Cheeseball has a current supply of 999,999,519 with 0 in circulation. The last known price of Cheeseball is 0.00003583 USD and is up 9.21 over the last 24 hours.
It is currently trading on 28 active market(s) with $0.00 traded over the last 24 hours. More information can be found at http://cheeseball.io/.
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 CheeseBank, these are the critical security checks that could have prevented this incident (November 2020).
- Verify all logic paths related to Flashloan Price Oracle Attack are guarded by proper access controls and input validation - see the Flash Loans Attacks attack class for patterns
- Audit oracle price feeds for manipulation risks - ensure time-weighted average prices (TWAPs) or multi-source aggregators are used, not spot prices
- 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 TrialRelated Attack Classes
The technique used in this hack maps to these vulnerability classes in our security curriculum:
Sources & References
Learn to Prevent the Next CheeseBank
The CheeseBank 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.