CertiK: The Rebalancer contract on the Base chain was attacked by a reentrancy attack, resulting in a loss of more than $500,000
On December 10th, CertiK's alarm system detected a vulnerability exploit attack on the Rebalancer contract on the Base chain. The attacker profited 133.7 ETH, equivalent to approximately $501,000 USD, through a reentrancy vulnerability. Analysis shows that the root cause of the vulnerability is that the open() function of the contract allows for the input of any pool.strategy contract address. The attacker exploited this feature to input the attack contract and, when calling the burn function, performed a reentrancy operation, thereby obtaining an additional 50% of ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of HIGH/USDT, GTC/USDT, SLP/USDT, PERP/USDT Margin Trading Services
Bitget to delist the BABY On-chain Earn product
Earn Up to 25 USDT:Buy Crypto with Google Pay/Apple Pay!
Earn Up to 25 USDT:Buy Crypto with Google Pay/Apple Pay!
