SwanBluechipHack historyBinance tracker
Hack history / 2024 / Hack or exploit

UtopiaSphere

Hack or exploit on Jul 21, 2024 · Spot Price Manipulation

ONE SOURCE · 1 SOURCE
Lost
$521K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,130
among thefts by dollars lost

What happened

On July 21, 2024, UtopiaSphere (UPS) token on BSC was exploited for approximately $521,000 through a flashloan-based price manipulation attack. The attacker exploited the swapBurn() mechanism by flash-loaning 89.672M USDT and 6.424M USDT in vUSDC to manipulate UPS token prices and drain the PancakeSwap pair.

Details

Date
Jul 21, 2024
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
Token
Chains
BNB Chain

Reported by

Related incidents

UwU Lend 2024 · Hack or exploit · $20M
Polter Finance 2024 · Hack or exploit · $10.3M
WOOFi Swap 2024 · Hack or exploit · $8.8M
Rho Markets 2024 · Hack or exploit · $7.6M
Gamma 2024 · Hack or exploit · $6.2M
Cite this pageSwanBluechip, "UtopiaSphere hack, Jul 21, 2024: $521K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta2df5ad6ed/ (data as of 2026-11-01).
Open in the full listAll incidents