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Security incident · 2013-11-11

Bitcash

According to the public DefiLlama incident dataset, Bitcash (Bitcoin) suffered a security incident on 2013-11-11, with about $100K reported lost.

Date2013-11-11
Reported loss$100K
ChainBitcoin
Target typeCEX
Technique classAccess Control
TechniqueImproper Access Control
Bridge incidentNo
Within 2013#2 by loss that year, 7.7% of all reported losses that year

How this kind of attack works

A contract function meant for administrators was not locked down, and the attacker called it directly to move funds.

Would a pre-payment check have helped

Needs other controls

Broken contract permissions are a code-audit matter that pre-payment screening cannot see.

Other incidents with the same technique

Sources

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