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Hack history / 2023 / Hack or exploit

SharedStake

Hack or exploit on Sep 1, 2023 · Ownership Takeover

ONE SOURCE · 1 SOURCE
Lost
$175K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,529
among thefts by dollars lost

What happened

On September 1, 2023, SharedStake was exploited when improper ownership checks allowed an attacker to gain admin access. The attacker created a minter address with unlimited permissions, minted sgETH tokens without collateral, and withdrew approximately 105 ETH from the protocol.

Details

Date
Sep 1, 2023
Kind
Hack or exploit
Method
Ownership Takeover
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

Related incidents

SharedStake 2021 · Hack or exploit · $500K
Cite this pageSwanBluechip, "SharedStake hack, Sep 1, 2023: $175K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht0e07940987/ (data as of 2026-11-01).
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