Hypr Network Hack

Reported loss $215K
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:

Address 0x3ea6…0519

Funds Holder as of Dec 20, 2023:

Address 0x5b8d…d1be

Malicious Transaction:

Tx 0x51ce…5f65

Malicious Contract Address:

Address 0xba6f…eb77

Protocol details

Classification Bridge
Protocol Type Exploit/Other
Affected asset / contract HYPR
Protocol links Website @hypr_network

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