Security Incident
LUNC Contract Vulnerability: $800.00K Reported Loss
On May 30, after the launch of the new Terra chain, the price of the oracle machine of LUNC (Luna Classic) reached $5, while the actual price was much lower than $5.
- Reported loss
- $ 800,000
- Attack category
- Contract Vulnerability
Incident Overview
An Anchor platform user noticed the vulnerability and deposited about 20 million tokens. Lido Bonded Luna Token, and successfully lent 40 million UST, eventually withdrawing and making a profit of about $800,000.
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.