Poolz Network Hack
Incident Overview
POA Network (POA) is a cryptocurrency launched in 2017. POA Network has a current supply of 169,398,072.41347 with 0 in circulation. The last known price of POA Network is 0.00066802 USD and is up 8.93 over the last 24 hours.
It is currently trading on 9 active market(s) with $0.24 traded over the last 24 hours. More information can be found at https://poa.network/.
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 Poolz Network, these are the critical security checks that could have prevented this incident (March 2023).
- Verify all logic paths related to Arithmetic Error 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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