Kinto Bridge Hack

Reported loss $1.6M
Arbitrum
ERC1967Proxy Backdoor Hijack

What happened

On July 10, 2025, Kinto suffered a proxy-initialization backdoor exploit. The attacker activated a dormant backdoor, upgraded the proxy to malicious logic, minted K tokens, and drained about $1.55 million from associated liquidity pools.

How it happened

  1. A proxy implementation was left uninitialized, allowing an attacker to install a backdoor.
  2. The backdoor remained available through later contract changes.
  3. The attacker activated it to upgrade the proxy to malicious logic.
  4. The compromised proxy minted K tokens, which were used to drain liquidity.

Protocol details

Classification Protocol Logic / Access Control
Protocol Type Canonical Bridge
Category Bridge Hack
Implementation language Solidity
Protocol links @KintoXYZ

Security review history

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