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Hack history / 2020 / Hack or exploit

VETH

Hack or exploit on Jul 1, 2020 · Contract Vulnerability

ONE SOURCE · 1 SOURCE
Lost
$900K
dollars at the time
Returned
none listed
as the sources state it
Rank
#971
among thefts by dollars lost

What happened

Coingecko researcher Daryllautk tweeted that VETH suffered a hacker attack on the decentralized exchange Uniswap. The hacker stole 919,299 VETH (worth $900,000) using only 0.9ETH. After the attack, VETH officially stated that the contract was used by the UX improvement it placed in transferForm(), which was their fault. They will redeploy vether4 and will compensate all affected Uniswap pledgers. This attack mainly uses the visibility of the changeExcluded function in the contract to be external and there is no permission restriction. The user can directly make external calls to create the necessary conditions for the attack.

Details

Date
Jul 1, 2020
Kind
Hack or exploit
Method
Contract Vulnerability
How in
Smart contract bug
Target
not stated
Chains
Ethereum

After the theft

Victims reimbursed
yes, amount not stated
“They will redeploy vether4 and will compensate all affected Uniswap pledgers.” (SlowMist Hacked)

Reported by

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Cite this pageSwanBluechip, "VETH hack, Jul 1, 2020: $900K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5ce390cdab/ (data as of 2026-11-01).
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