It was not possible to establish the identity of the criminal. He used the Tornado Cash Ethereum mixer, which confuses transactions so they cannot be tracked

Hacker attack DEFI-protocol and stole from him pools tokens in the amount of at least $ 500 000. One of the first issue of the said analyst Stephen Zheng. Then information about the theft was confirmed by the representative of the 1inch exchange and co-founder of Balancer Labs Mike MacDonald.

“The funds were used by a hacker to exchange WETH for STA and back 24 times. As a result, the STA pool was empty. Each time WETH was transferred to STA, the Balancer pool received 1% less STA than it should have been, ”1inch explained.

This was made possible due to the deflation mechanism built into the STA, which destroys 1% of the amount transferred with each transaction. Thus, the hacker withdrew WETH, WBTC, SNX and LINK tokens from the smart contract.


A spokesman called the hacker an advanced smart contract developer who is deeply versed in leading DeFi protocols. He could not be tracked because he used the Tornado Cash Ethereum mixer.