{"id":334322,"date":"2023-06-14T21:27:12","date_gmt":"2023-06-14T20:27:12","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=334322"},"modified":"2023-06-15T02:30:46","modified_gmt":"2023-06-15T01:30:46","slug":"white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds\/","title":{"rendered":"White hat hacker exploits Hashflow for $600K, seemingly just to return funds"},"content":{"rendered":"

Multi-chain trading platform Hashflow said on June 14<\/a> that it suffered an incident affecting hundreds of thousands in funds.<\/p>\n

$600K affected<\/h2>\n

Hashflow did not explicitly confirm that it had been attacked but said that $600,000 of funds had been affected. It wrote that it is “addressing the current situation” and said that all users who were affected by the incident would be made whole.<\/p>\n

The project added that its decentralized exchange (DEX) was not affected by the exploit in any way and said that it would later publish a post-mortem.<\/p>\n

Hashflow said that it was originally notified of the exploit by PeckShield, a crypto-security firm. PeckShield's notice called the attack<\/a> an “approve-related issue” and said that $215,000 of ETH and $195,000 in ARB had been stolen for a total of $410,000.<\/p>\n

Hashflow's later statements estimated a higher loss and also said that funds were stolen on Avalanche, BNB Chain, and Polygon as well.<\/p>\n

White hat hacker believed to be responsible<\/h2>\n

Later posts from Peckshield said that<\/a> the attack was carried out by a white hat hacker. It highlighted the fact that the hacker's contract contains a recovery function.<\/p>\n

Hashflow has endorsed the hacker's recovery contract in its own instructions<\/a>. Those instructions tell users to revoke token allowances to deprecated contracts. The instructions then tell users to call the recovery function in the hacker's contract.<\/p>\n

Hashflow noted that the hacker's contract allows users to fully recover their funds or optionally donate 10% of their recovered funds to the white hat.<\/p>\n","protected":false},"excerpt":{"rendered":"

Multi-chain trading platform Hashflow said on June 14 that it suffered an incident affecting hundreds of thousands in funds. $600K affected Hashflow did not explicitly confirm that it had been attacked but said that $600,000 of funds had been affected. It wrote that it is “addressing the current situation” and said that all users who […]<\/p>\n","protected":false},"author":1403,"featured_media":334453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46940,16041],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nWhite hat hacker exploits Hashflow for $600K, seemingly just to return funds<\/title>\n<meta name=\"description\" content=\"Multi-chain trading platform Hashflow said on June 14 that it has suffered an incident affecting hundreds of thousands in funds.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"White hat hacker exploits Hashflow for $600K, seemingly just to return funds\" \/>\n<meta property=\"og:description\" content=\"Multi-chain trading platform Hashflow said on June 14 that it has suffered an incident affecting hundreds of thousands in funds.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-14T20:27:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-15T01:30:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/white-hat-hacker.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/white-hat-hacker-exploits-hashflow-for-600k-seemingly-just-to-return-funds\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. 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