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* Create 2024-02-14-Miner.md * Update 2024-02-14-Miner.md fix timeline * Update 2024-02-14-Miner.md * Update 2024-02-14-Miner.md * Update 2024-02-14-Miner.md * language cleanup --------- Co-authored-by: Evgeny Dmitriev <[email protected]>
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--- | ||
date: 2024-02-14 | ||
target-entities: Miner ERC-X | ||
entity-types: | ||
- NFT | ||
- Token | ||
attack-types: Smart Contract Exploit | ||
title: "Miner ERC-X avatar collection Suffers $466,000 Loss" | ||
loss: 466000 | ||
--- | ||
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## Summary | ||
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On February 14, 2024, the Miner ERC-X avatar collection experienced a critical security breach on the Ethereum Mainnet, resulting in the unauthorized withdrawal of 168.8 ETH, equivalent to approximately $466,000. The root cause of this breach was a smart contract vulnerability stemming from insufficient input validation, specifically, a double-transfer flaw. This issue enabled an attacker to exploit the contract's transfer function, effectively duplicating their token balance by executing self-transfers, which were not properly restricted by the contract's logic. | ||
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## Attackers | ||
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The identity of the attacker is unknown. The following addresses are associated with this attack: | ||
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- [0xea75aec151f968b8de3789ca201a2a3a7faeefba](https://etherscan.io/address/0xea75aec151f968b8de3789ca201a2a3a7faeefba) | ||
- [0xc181de2f3b0976c266fd5d5d58e101e365f34a70](https://etherscan.io/address/0xc181de2f3b0976c266fd5d5d58e101e365f34a70) | ||
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## Losses | ||
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The loss amounted to 168.8 ETH, worth $466,000 at the time of the attack. | ||
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## Timeline | ||
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- **February 14, 2024, 01:48 PM UTC:** [An attack transaction ](https://etherscan.io/tx/0x75e3aeb00df69882a1b15d424e5e642650326ca3b923d7fd1922d57c51bc2c78) occurred. | ||
- **February 14, 2024, 03:04 PM UTC:** Miner Team sent an [on-chain message](https://etherscan.io/tx/0x27a01149b321eaab0b16d488aefaffa04517a5cf73397b1bbcb8192a4db692ae) to the attacker to negotiate the return of the stolen. | ||
- **February 14, 2024, 02:29 PM UTC:** Miner Team [reported](https://twitter.com/minerercx/status/1757773942285054085) about exploit. | ||
- **February 14, 2024, 03:39 PM UTC:** The Miner token price [fell by 82%](https://www.binance.com/en/feed/post/2024-02-14-erc-x-project-miner-reports-contract-vulnerability-token-price-plummets-4113377689441). | ||
- **February 18, 2024, 04:22 PM UTC:** The team [announced a relaunching](https://twitter.com/minerercx/status/1759252047332073726). | ||
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## Security Failure Causes | ||
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- **Smart Contract Vulnerability:** The core issue stemmed from a double-transfer vulnerability within Miner's smart contract, specifically due to insufficient input validation mechanisms. |