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Hack history / 2024 / Hack or exploit

Shoebill Finance

Hack or exploit on Oct 30, 2024 · Oracle Misconfiguration

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#787
among thefts by dollars lost

What happened

On October 30, 2024, Shoebill Finance on BOB Chain was exploited via an oracle misconfiguration during the integration of new solvBTC assets. The vulnerability created an exploitable condition where attackers could borrow funds with minimal collateral. The attacker transferred 19.512 wBTC and 1.597 tBTC across multiple bridges.

Details

Date
Oct 30, 2024
Kind
Hack or exploit
Method
Oracle Misconfiguration
How in
Price, oracle and governance
Target
DeFi protocol
Chains
BOB

Reported by

Related incidents

MorphoBlue 2024 · Hack or exploit · $250K
Cite this pageSwanBluechip, "Shoebill Finance hack, Oct 30, 2024: $1.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5c523eed3a/ (data as of 2026-10-31).
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