Hypr Network Hack

TOTAL LOST $215K
Low Other

What happened

Hypr OP Stack Bridge exploited due to a smart contract vulnerability, resulting in a loss of 2,570,000 HYPR tokens worth 215,193 USD.

Hypr OP Stack Bridge, a bridge between Ethereum Mainnet and Hypr Network, was compromised on December 13, 2023. The exploit occurred due to a vulnerability that resulted from using a non-production-ready branch of the OP monorepo, which contained a critical vulnerability. This vulnerability allowed the reinitialization of the contract, enabling the attacker(s) to drain funds.

The stolen funds were subsequently sold on the open market, leading to a decline in the price of Hypr. The total loss from this exploit was approximately 215,193 USD, which is equivalent to 2,570,000 HYPR tokens.

Attacker Address:

https://etherscan.io/address/0x3ea6ba6d…420519

Funds Holder as of Dec 20, 2023:

https://etherscan.io/address/0x5b8d598b…46d1be

Malicious Transaction:

https://etherscan.io/tx/0x51ce3d9c…635f65

Malicious Contract Address:

https://etherscan.io/address/0xba6fa6e8…a3eb77

Case & protocol details

Classification Bridge
Protocol Type Exploit/Other
Affected asset / contract HYPR
Official Website www.hypr.network/
Protocol Twitter/X @hypr_network

Evidence & learning

Sources and on-chain records

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