Hack history / 2023 / Hack or exploit
Pine Protocol
Hack or exploit on Dec 21, 2023 · Swap Logic Flaw
SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$95K
sources: $90K to $95K
Returned
none listed
as the sources state it
Rank
#1,743
among thefts by dollars lost
What happened
Pine Protocol was exploited via a flaw where old and new contract versions shared the same liquidity pools. An attacker used this to borrow NFT collateral from the new pool while recording repayment as a flash loan, allowing them to drain vault assets repeatedly across multiple transactions.
Details
- Date
- Dec 21, 2023
- Kind
- Hack or exploit
- Method
- Swap Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Ethereum
After the theft
- Bounty paid
- yes, amount not stated
“The exploiter appears to have received part of the bounty.” (SlowMist Hacked)
Reported by
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WDZD Swap 2023 · Hack or exploit · $1.1M
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Swapos V2 2023 · Hack or exploit · $468K
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Cite this page
SwanBluechip, "Pine Protocol hack, Dec 21, 2023: $95K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht86599421d8/ (data as of 2026-10-31).