Security incident · 2023-12-30
Locus Finance
According to the public DefiLlama incident dataset, Locus Finance (Ethereum, Arbitrum) suffered a security incident on 2023-12-30, with about $321K reported lost.
| Date | 2023-12-30 |
|---|---|
| Reported loss | $321K |
| Chain | Ethereum, Arbitrum |
| Target type | DeFi Protocol |
| Technique class | Key Compromise |
| Technique | Private Key Compromised |
| Bridge incident | No |
| Within 2023 | #123 by loss that year, 0.0% of all reported losses that year |
How this kind of attack works
Private keys or signing rights that controlled the funds were stolen, and the attacker moved the money with valid signatures. On chain it looks like a normal transfer.
Would a pre-payment check have helped
Key compromise is a wallet and key-security matter; screening the counterparty or endpoint does not touch it.