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SlowMist (@SlowMist_Team) “🚨SlowMist TI Alert🚨 💸 @42dao_official Loss: ~ 912k USD 🔍 Root Cause: Attacke” — TopicDigg

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SlowMist
@SlowMist_Team
SlowMist is a Blockchain security firm established in 2018, providing services such as security audits, security consultants, red teaming, and more.
加入 April 2018
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🚨SlowMist TI Alert🚨 💸 @42dao_official Loss: ~ 912k USD 🔍 Root Cause: Attackers exploited an abnormally low BTCB oracle price from Median Oracle via Spotter `poke` and Dog `bark`. The spotter lacked price deviation checks, max drawdown limits, and minimum price protections, allowing immediate write of the low spot into Vat. The dog module then used this updated spot without any liquidation delay or oracle price validation, enabling instant liquidation of multiple BTCB vaults. 📌 Attacker: 0x9d8dd9f2d734675e2bfcc142d1c7a45609ca213c 📌 Victim: 0x973a722fd8bcd4b81f4c5c1ac687073e44aa9a0c 📌 Vulnerable Contract: 0x849dc2416cbe54995a1d725afe526c0e38829228 (Spotter) & 0x00101ae4467d72e83ef68df447c41de0c71f634e (Dog) Impact: A single-transaction combo exploited the missing price protection and liquidation delay in Maker-style system, allowing an attacker to liquidate multiple BTCB vaults using an abnormally low oracle price and profit from the arbitrage. Powered by Tx:
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