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Hack history / 2021 / Hack or exploit

Vulcan Forged

Hack or exploit on Dec 13, 2021 · Hot Wallet Key Compromised

SOURCES DISAGREE ON DATE OR LOSS · 4 SOURCES
Lost
$135M
sources: $102.8M to $140M
Returned
none listed
as the sources state it
Rank
#41
among thefts by dollars lost

What happened

On December 13, 2021, Vulcan Forged's NFT marketplace suffered a $140M hack affecting 96 high-value wallets when Venly's semi-custodial servers were compromised. The attacker extracted credentials and exfiltrated ~4.5M PYR tokens from customer wallets. Vulcan Forged refunded 100% of losses within 24 hours.

Details

Date
Dec 13, 2021
Kind
Hack or exploit
Method
Hot Wallet Key Compromised
How in
Keys, accounts and infrastructure
Target
DeFi protocol
Chains
Ethereum, Polygon
Audit (rekt.news)
unaudited

After the theft

Returned by the attacker
yes, amount not stated
“It then stated: Most of the PYR has been returned from the treasury to the affected wallets.” (SlowMist Hacked)

Reported by

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Cite this pageSwanBluechip, "Vulcan Forged hack, Dec 13, 2021: $135M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9a18cdf65c/ (data as of 2026-11-01).
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