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Security incident · 2018-10-15

EOSBet

According to the public DefiLlama incident dataset, EOSBet (EOS) suffered a security incident on 2018-10-15, with about $338K reported lost.

Date2018-10-15
Reported loss$338K
ChainEOS
Target typeDeFi Protocol
Technique classToken & Share Accounting
TechniqueDonation Attack
Bridge incidentNo
Within 2018#14 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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