Umbrella Network Reward Pools on BNB Chain and Ethereum Drained, Hackers Profit $700,000

PeckShield tweeted that the Umbrella Network reward pools are drained at both BNB Chain and Ethereum, leading to the ~$700K gain for the hacker. The hack is possible because of an unchecked underflow in withdraw() so that anyone can withdraw any amount even without any balance. In the meantime, PeckShield reminded the Umbrella Network team to check out the StakingReward Contract on BNB Chain and Ethereum.
Source

Security Incidents

Oracle

Layer 2

In This Article

Related News
Morph CEO Cecilia Hsueh stepping down with ex-Binance exec to take over Morph CEO Cecilia Hsueh stepping down with ex-Binance exec to take over
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
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
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
Latest News More More
1 Day Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
6 Days Ago Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
June 20 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 17 Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
June 13 XRP Ledger adopts USDC one week after Circle goes public
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open