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Security Incident · Blockchain

Stellar Inflation

·Historical incident record

Messari, a cryptocurrency research organization, announced on the 27th that Stellar's blockchain protocol had an inflation loophole in April 2017.

Reported loss
10,000,000
Attack category
Inflation

Incident Overview

An attacker used the loophole to create 2.25 million XLM (worth about 10 million US dollars). This bug was discovered by the Stellar Development Foundation (SDF) and patched after the accident.

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.