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Hack history / 2024 / Hack or exploit

Hector Network

Hack or exploit on Jan 16, 2024 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$2.7M
dollars at the time
Returned
none listed
as the sources state it
Rank
#621
among thefts by dollars lost

What happened

Hector Network's compensation contract for token holders was exploited when a malicious account deposited only 0.0001 HEC and then transferred $2.7M worth of assets to itself. The vulnerable AddEligibleWallet function allowed the attacker to designate arbitrary addresses as eligible and drain the treasury via mintWithdraw and transferRedemption functions.

Details

Date
Jan 16, 2024
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum, Fantom

Reported by

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Cite this pageSwanBluechip, "Hector Network hack, Jan 16, 2024: $2.7M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht84f190916a/ (data as of 2026-10-31).
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