{"id":58844,"date":"2022-03-16T16:42:03","date_gmt":"2022-03-16T14:42:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58844"},"modified":"2025-09-04T18:51:12","modified_gmt":"2025-09-04T15:51:12","slug":"hackers-drain-11-million-from-agave-and-hundred-finance-defi-protocols","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hackers-drain-11-million-from-agave-and-hundred-finance-defi-protocols\/","title":{"rendered":"Hackers drain $11 million from Agave and Hundred Finance DeFi protocols"},"content":{"rendered":"<p>Hackers exploited the DeFi protocols Agave and Hundred Finance, using a reentrancy exploit and <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-flash-loans\">flash loans<\/a> on the Gnosis Chain.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Unfortunately Hundred and Agave have both been exploited on Gnosis chain today. Gnosis team is aware, investigation is ongoing.<\/p>\n<p>All the Hundred markets on all chains paused for now. <\/p>\n<p>These are the two transactions:<br \/>Hundred <a href=\"https:\/\/t.co\/mdtViohijn\">https:\/\/t.co\/mdtViohijn<\/a><br \/>Agave <a href=\"https:\/\/t.co\/RKB5MVx0O4\">https:\/\/t.co\/RKB5MVx0O4<\/a><\/p>\n<p>\u2014 Hundred Finance (@HundredFinance) <a href=\"https:\/\/twitter.com\/HundredFinance\/status\/1503754916300476420?ref_src=twsrc%5Etfw\">March 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>As a result of the breach, Agave paused its contracts.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Agave is currently investigating an exploit on the agave finance protocol. We will update you as soon as we know more.<\/p>\n<p>\u2014 Agave (@Agave_lending) <a href=\"https:\/\/twitter.com\/Agave_lending\/status\/1503725275917565954?ref_src=twsrc%5Etfw\">March 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>In total, hackers withdrew around $11 million in tokens including wETH, wBTC, LINK, USDC, wXDAI and GNO.<\/p>\n<p>The attackers have already started laundering the stolen funds through Tornado Cash, <a href=\"https:\/\/www.theblockcrypto.com\/post\/137932\/defi-protocols-agave-and-hundred-finance-exploited-on-gnosis-chain-for-11-million\">The Block<\/a>.<\/p>\n<p>Earlier, the DeFi protocol Deus Finance DAO was <a href=\"https:\/\/u1f987.com\/en\/news\/hacker-exploits-deus-finance-dao-nets-about-3-million\">targeted<\/a>. The attackers also used flash loans for the breach.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hackers exploited the DeFi protocols Agave and Hundred Finance, using a reentrancy exploit and flash loans on the Gnosis Chain.<\/p>\n","protected":false},"author":1,"featured_media":58845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1093],"class_list":["post-58844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58844"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58844\/revisions"}],"predecessor-version":[{"id":58846,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58844\/revisions\/58846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58845"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}