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Hack history / 2024 / Hack or exploit

Avalanche

Hack or exploit on Feb 23, 2024 · Security Vulnerability

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

On February 23rd, the Avalanche mainnet experienced block production interruptions. Addressing this issue, Ava Labs co-founder Kevin Sekniqi stated on Twitter that the problem appears to be a gossip-related mempool management error, which is purely a code-related issue, not a performance handling problem. It seems that inscriptions have reached an edge case, but they did not affect performance. The mainnet downtime issue appears to be related to an edge-case bug in mempool processing, and bug fix testing is currently underway on the Avalanche testnet. On February 24th, Ava Labs engineering lead Patrick O'Grady tweeted that nodes need to be upgraded to AvalancheGo version 1.11.1, which disables the logic added in v1.10.18 that caused validators to send excessive amounts of gossip to each other. Avalanche Validators provision a stake-weighted bandwidth allocation for each peer, and this flawed logic led each node to saturate their allocation with useless transaction gossip. This dynamic prevented pull queries issued by validators from being processed in a timely manner and resulted in consensus stalling.

Details

Date
Feb 23, 2024
Kind
Hack or exploit
Method
Security Vulnerability
How in
Smart contract bug
Target
not stated
Chains
Avalanche

Reported by

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Cite this pageSwanBluechip, "Avalanche hack, Feb 23, 2024: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htae79bf9364/ (data as of 2026-10-31).
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