Another security incident has occurred on the SEI chain. On January 9th, an attacker exploited a vulnerability in the Synnax contract to launch a flash loan attack, borrowing 1.96 million WSEI tokens in a single transaction and not repaying. The trigger for this attack is quite interesting—three blocks prior, an address (0x9748…a714) accidentally transferred funds to the contract due to a misoperation, inadvertently providing the attacker with a "tool."
From on-chain transaction analysis, this attack involved the coordination of two key transactions (TX1 and TX2), and the method was not complicated. However, this incident highlights a often-overlooked DeFi risk—on-chain misoperations can sometimes become the breach point for attacks. Users should double-check addresses before transferring funds, and exchanges and project teams should strengthen contract security audits to prevent basic mistakes from turning into major vulnerabilities.
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MeaninglessGwei
· 01-10 12:12
Another wave of bloodshed caused by a rookie mistake... On-chain misoperations are truly hidden bombs, unstoppable and unpredictable.
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GasFeeGazer
· 01-09 05:59
Another story of being exploited on-chain. SEI's recent mishap was quite outrageous; a misoperation directly became the key to an attack.
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Blockchainiac
· 01-09 05:57
It's SEI again... Why does this chain keep having issues every now and then? A flash loan can borrow 1.96 million and not repay it—ridiculous.
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ChainMemeDealer
· 01-09 05:35
Haha, this guy is really a freebie. His misoperation inadvertently equipped the attacker with the tools.
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SchroedingersFrontrun
· 01-09 05:31
Ha, another on-chain low-level mistake causing a failure? This guy must be really careless, directly giving hackers the tools.
If you ask me, this is just the daily life of DeFi; audits can never keep up with the speed of vulnerabilities.
Another security incident has occurred on the SEI chain. On January 9th, an attacker exploited a vulnerability in the Synnax contract to launch a flash loan attack, borrowing 1.96 million WSEI tokens in a single transaction and not repaying. The trigger for this attack is quite interesting—three blocks prior, an address (0x9748…a714) accidentally transferred funds to the contract due to a misoperation, inadvertently providing the attacker with a "tool."
From on-chain transaction analysis, this attack involved the coordination of two key transactions (TX1 and TX2), and the method was not complicated. However, this incident highlights a often-overlooked DeFi risk—on-chain misoperations can sometimes become the breach point for attacks. Users should double-check addresses before transferring funds, and exchanges and project teams should strengthen contract security audits to prevent basic mistakes from turning into major vulnerabilities.