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Hack history / 2017 / Hack or exploit

Stellar

Hack or exploit on Apr 1, 2017 · Inflation

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

Messari, a cryptocurrency research organization, announced on the 27th that Stellar's blockchain protocol had an inflation loophole in April 2017. An attacker used the loophole to create 2.25 million XLM (worth about 10 million US dollars). This bug was discovered by the Stellar Development Foundation (SDF) and patched after the accident.

Details

Date
Apr 1, 2017
Kind
Hack or exploit
Method
Inflation
How in
Smart contract bug
Target
not stated
Chains
not stated

Reported by

Cite this pageSwanBluechip, "Stellar hack, Apr 1, 2017: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht45cf6e710f/ (data as of 2026-10-31).
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