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Hack history / 2025 / Hack or exploit

MoonHacker

Hack or exploit on Jan 2, 2025 · Token Approval Abuse

ONE SOURCE · 1 SOURCE
Lost
$300K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,315
among thefts by dollars lost

What happened

MoonHacker Vault on Optimism was exploited when an attacker took a flashloan of USDC from Aave, passed a malicious contract as the mToken parameter in the executeOperation function (which lacked validation), gained unauthorized approval to transfer vault USDC, and drained the vault.

Details

Date
Jan 2, 2025
Kind
Hack or exploit
Method
Token Approval Abuse
How in
Smart contract bug
Target
DeFi protocol
Chains
Optimism

Reported by

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Cite this pageSwanBluechip, "MoonHacker hack, Jan 2, 2025: $300K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht30950ae916/ (data as of 2026-11-01).
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