CertiK: Rikkei Finance Attacked Due to Lack of Access Control on setOracleData Function

CertiK tweeted that Rikkei Finance was attacked due to a lack of access control on function setOracleData. The attacker changed the oracle to a malicious contract, and then manipulated prices, borrowed funds to then drain $USDC, $BTCB, $DAI, $USDT, $BUSD and $BNB from the contract in successive transactions. The attacker swapped all of those tokens to 2,671 $BNB (about $1.11 million) and then used Tornado Cash to transfer those $BNB out of his address.
Source

Metaverse

DeFi

Security Incidents

In This Article

Related News
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Stablecoin neobank Infini exploited for $49 million: security analysts Stablecoin neobank Infini exploited for $49 million: security analysts
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
8 Hours Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
8 Hours Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
1 Day Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
1 Day Ago Binance Records $3.97B Weekly Inflows
1 Day Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open