Security Incident · ETH Ecosystem
Uwerx network Price Manipulation: $324.00K Reported Loss
he Uwerx network was attacked and lost about 174.78 ETH.
- Reported loss
- $ 324,000
- Attack category
- Price Manipulation
Incident Overview
According to the analysis of SlowMist, the root cause is that when the receiving address is uniswapPoolAddress (0x01), it will burn off 1% more tokens of the transfer amount of the from address, so the attacker uses the skim function of the uniswapv2 pool to consume a large number of WERX tokens, and then calls the sync function to maliciously inflate the price of the token, and then reverses the swap to extract the ETH to gain profit.
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.