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Hack history / 2021 / Hack or exploit

SharedStake

Hack or exploit on Jun 24, 2021 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$500K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,155
among thefts by dollars lost

What happened

An insider with access to a disclosed timelock vulnerability exploited it to bypass vesting contract protections and withdraw 500K SGT governance tokens. The vulnerability had been identified on April 26 and shared with the team, but the insider used this knowledge to drain locked tokens four times on June 19-23.

Details

Date
Jun 24, 2021
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "SharedStake hack, Jun 24, 2021: $500K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta691274538/ (data as of 2026-10-31).
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