Hack history / 2022 / Hack or exploit
ULME
Hack or exploit on Oct 25, 2022 · Improper Access Control
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$250K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,400
among thefts by dollars lost
What happened
On October 25, 2022, ULME on BSC was exploited via a parameter validation flaw that lacked access control, allowing an attacker to use a flashloan, iterate through authorized spenders, drain their BUSD, manipulate ULME price, and extract approximately 50,646 BUSD (~$250K) before repaying the loan.
Details
- Date
- Oct 25, 2022
- Kind
- Hack or exploit
- Method
- Improper Access Control
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
Related incidents
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Wintermute 2022 · Hack or exploit · $17.6M
Crema Finance 2022 · Hack or exploit · $8.8M
Ankr 2022 · Hack or exploit · $5M
TempleDAO 2022 · Hack or exploit · $2.3M
Wintermute 2022 · Hack or exploit · $17.6M
Crema Finance 2022 · Hack or exploit · $8.8M
Ankr 2022 · Hack or exploit · $5M
TempleDAO 2022 · Hack or exploit · $2.3M
Cite this page
SwanBluechip, "ULME hack, Oct 25, 2022: $250K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5655163409/ (data as of 2026-10-31).