FEG Flash Loan Attack: $1.90M Reported Loss
The multi-chain DeFi protocol FEG was attacked again, and the flash loan attack suffered on the BNB chain lost about $1.3 million in assets.
- Reported loss
- $ 1,900,000
- Attack category
- Flash Loan Attack
Incident Overview
The subsequent flash loan attack on Ethereum caused a loss of about $590,000, with a total loss of about $1.9 million in assets. This attack is similar to yesterday's attack and is caused by a vulnerability in the "swapToSwap()" function. This function directly uses the "path" entered by the user as a trusted party without screening and validating the incoming parameters. Additionally, the function will allow an unverified "path" parameter (address) to use the current contract's assets. Therefore, by calling "depositInternal()" and "swapToSwap()", the attacker can obtain permission to use the assets of the current contract, thereby stealing the assets within the contract.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.