TempleDAO Hack
What happened
TempleDAO's staking contract was exploited due to a vulnerable migration functionality. The hacker took away FraxLP tokens and swapped them for 1830 $ETH.
TempleDAO is a DeFi yield aggregator. The exploit happens due to stake migration functionality on the StaxLPStaking contract. The attacker was able to transfer xFraxTempleLP liquidity tokens to his address and took $TEMPLE and $FRAX tokens from the pool.
Consequently, the hacker swapped them for 1830 $ETH and transferred the stolen funds to another EOA address. The total profit of the attacker reached 2,376,872 $USD. An interesting detail is that the attacker's address was linked to Binance's address.
TempleDAO is investigating the accident with Binance and Stax said that a white hat bounty will be initialized for the exploiter.
Attacker address:
https://etherscan.io/address/0x9c9Fb310…D25B01
Malicious transaction:
https://etherscan.io/tx/0x8c3f442f…cf04b5
Liquidity removal transaction:
https://etherscan.io/tx/0x4b119a4f…ddb6a2
Case & protocol details
Post-Incident Timeline
-
2022-10-17
On 16 October 2022, the stolen amount of 1831 $ETH was moved into TornadoCash from the EOA address https://etherscan.io/address/0x2b63d4a3b2db8acbb2671ea7b16993077f1db5a0
Evidence & learning
Attack pattern
Compare incidents →Proof of concept
1 availableSources and on-chain records
- report Report twitter.com
- transaction Transaction etherscan.io
- analysis Twitter/X Alert twitter.com
- analysis Website reference cointelegraph.com
Practice this exploit pattern safely
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.