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WXETA

Sep 16, 2024

$110K
Lost
$110K
Recovered
$0
Net loss
$110K
Unrecovered0% recovered

On September 16, 2024, an attacker reinitialized the WXETA contract through its unguarded initialize function, granted themselves minting permissions, and drained USDT/WXETA liquidity pools for $110,000.

How the exploit worked

View reproducible PoC

Logic Flaw.

Lost: 110K

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Access Control
Technique
Uninitialized Proxy
Attribution
Unknown
Chains
EthereumBSC

Event timeline

  1. Sep 16, 2024
    Exploit executed — $110K drained via uninitialized proxy
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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