Security Incident · Arbitrum Ecosystem
ShapeShift FOX Colony Smart Contract Vulnerability: $132.70K Reported Loss
ShapeShift’s FOX Colony (a community governance and participation program for FOX token holders) on Arbitrum was exploited via a smart contract vulnerability in its Colony Network contracts.
- Reported loss
- $ 132,700
- Attack category
- Smart Contract Vulnerability
Incident Overview
The attacker drained approximately $132.7K in USDC and FOX tokens in a single sophisticated transaction by exploiting a meta-transaction self-call flaw combined with DSAuth authorization logic. The core exchange platform was unaffected; this impacted the DAO/community treasury.
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.