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SharedStake

Sep 1, 2023

$175K
Lost
$175K
Recovered
$0
Net loss
$175K
Unrecovered0% recovered

On September 1, 2023, SharedStake was exploited when improper ownership checks allowed an attacker to gain admin access. The attacker created a minter address with unlimited permissions, minted sgETH tokens without collateral, and withdrew approximately 105 ETH from the protocol.

Target
DeFi
Classification
Access Control
Technique
Ownership Takeover
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Sep 1, 2023
    Exploit executed — $175K drained via ownership takeover
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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