Security Incident · ETH Ecosystem
Seneca Contract Vulnerability: $6.50M Reported Loss
On February 28th, a vulnerability was discovered in the contract of Seneca, an omnichain CDP protocol on the Ethereum network.
- Reported loss
- $ 6,500,000
- Attack category
- Contract Vulnerability
Incident Overview
Hackers exploited constructed calldata parameters to call transferfrom, transferring tokens authorized to the project contract to their address, ultimately exchanging them for ETH. Seneca was exploited by hackers for over 1900 ETH, valued at approximately $6.5 million. On February 29th, the hacker address of SenecaUSD returned 1537 ETH (approximately $5.3 million) to the deployer address of Seneca.
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.