Huge Gas Fee Draining Hack
Incident Overview
Ethereum user loses 121 ETH in gas fee exploit, totaling a loss of 156,190 USD.
On October 19, 2022, an Ethereum user fell victim to a gas draining exploit, losing 121 ETH as a gas fee. The fees were pocketed by the validator that processed the transaction, which was processed by an MEV-Boost relay belonging to Flashbots, the most prominent organization within the MEV sphere. The transaction used a block-builder from builder0x69.
It remains unclear which, if any, of the parties involved is responsible for manipulating the gas fee to such heights.
Victim Address:
https://etherscan.io/address/0xBB1D6b3B…2b73Fd
Malicious Transaction:
https://etherscan.io/tx/0x4a84d087…ca4e97
Malicious Contract Address:
https://etherscan.io/address/0x6465fa41…112865
Incident Report
Protocol Information
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 Huge Gas Fee Draining, these are the critical security checks that could have prevented this incident (October 2023).
- 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.
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