Security Incident
Shoebill Finance Oracle Misconfiguration: $1.52M Reported Loss
On Oct 31st, Collaterizable Leverage Lending Platform Shoebill Finance experienced a security incident affecting the BTC Market on the BOB chain.
- Reported loss
- $ 1,520,000
- Attack category
- Oracle Misconfiguration
Incident Overview
The incident stemmed from an unexpected interaction within the oracle configuration during the integration of solvBTC and solvBTC.BBN assets. This interaction inadvertently created an exploitable condition that was leveraged by the attacker through a multi-stage exploit.
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.