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Hack history / 2022 / Hack or exploit

Beanstalk

Hack or exploit on Apr 16, 2022 · Flashloan Governance Attack

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$182M
dollars at the time
Returned
none listed
as the sources state it
Rank
#34
among thefts by dollars lost

What happened

An attacker flashloaned $1B+ from Aave, Uniswap, and SushiSwap to gain 2/3 governance voting power and execute malicious proposals (Bip18 to drain the protocol, Bip19 to donate to Ukraine as cover), stealing $181M in non-Bean assets.

Details

Date
Apr 16, 2022
Kind
Hack or exploit
Method
Flashloan Governance Attack
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum
Audit (rekt.news)
unaudited

Reported by

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ApeCoin 2022 · Hack or exploit · $820K
Cite this pageSwanBluechip, "Beanstalk hack, Apr 16, 2022: $182M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5431b3747f/ (data as of 2026-10-31).
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