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Security incident · 2022-02-23

Flurry Finance

According to the public DefiLlama incident dataset, Flurry Finance (BSC) suffered a security incident on 2022-02-23, with about $293K reported lost.

Date2022-02-23
Reported loss$293K
ChainBSC
Target typeDeFi Protocol
Technique classToken & Share Accounting
TechniqueIncorrect Share Accounting
Bridge incidentNo
Within 2022#125 by loss that year, 0.0% of all reported losses that year

How this kind of attack works

The contract's bookkeeping was wrong, for example the conversion between shares and assets, so the attacker redeemed far more than they put in.

Would a pre-payment check have helped

Needs other controls

Accounting and share-math bugs are contract-layer problems for code audits.

Other incidents with the same technique

Sources

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