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Hack history / 2023 / Hack or exploit

Hope Finance

Hack or exploit on Feb 20, 2023 · Arbitrary External Call

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$2M
dollars at the time
Returned
none listed
as the sources state it
Rank
#698
among thefts by dollars lost

What happened

On February 20, 2023, Hope Finance (Arbitrum stablecoin protocol) was exploited by an insider who modified the TradingHelper contract to redirect GenesisRewardPool funds to an attacker address. ~$2M was stolen; ~$1.86M was laundered through Tornado Cash.

Details

Date
Feb 20, 2023
Kind
Hack or exploit
Method
Arbitrary External Call
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum
Audit (rekt.news)
AuditRateTech, Cognitos

Reported by

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Cite this pageSwanBluechip, "Hope Finance hack, Feb 20, 2023: $2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta636e430c4/ (data as of 2026-11-01).
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