On November 21, Knownsec Blockchain Lab detected a hack attack on the DeFi protocol Formation.Fi on Ethereum, resulting in a loss of nearly $100,000. We tracked this incident and analyzed it for the first time.
Refers to objects
Vault: 0 xcb6afdc84e8949ddf49ab00b5b351a5b0f65a723
Xdac17f958d2ee523a2206206994597c13d831ec7 TetherToken: 0
Hackers address: 0 x6510438a7e273e71300892c6faf946ab3b04cbcb
Attack address: 0 xd02c260f54997146c9028b2ac7144b11ce4c20a6
Attack process and cause analysis of vulnerability formation
Brief the attack process