Hope Lend Hack

Hope Lend lending protocol was exploited via a front run attack, resulting in a loss of 834,616 USD worth 528 ETH.

Hope Lend is a DeFi Lending Protocol running on the Ethereum chain. On October 18, 2023, the protocol experienced a front run attack. The attacker attempted to exploit the protocol by taking advantage of a WBTC decimals and rounding issue.

However, they were frontrunned by an MEV bot. Half of the stolen funds were sent to the Block Producer as a bribe, while the other half was transferred to another EOA and then deposited into a MultiSigWallet by the MEV bot. The total loss amounted to 834,616 USD worth 528 ETH.

Attacker Address:

https://etherscan.io/address/0xa8bbb374…24145b

Original Attacker:

https://etherscan.io/address/0x1f23eb80…0be56f

Funds Holder as of Oct 26, 2023:

https://etherscan.io/address/0x1343d353…3164ef

Malicious Transaction:

https://etherscan.io/tx/0x1a7ee0a7…d10392

Block Producer:

https://etherscan.io/address/0xce0babc8…910748

Malicious Contract Address:

https://etherscan.io/address/0xc74b72bb…9f0bb4