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Hack history / 2021 / Hack or exploit

88mph

Hack or exploit on Jun 7, 2021 · Missing Input Validation

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

A critical initialization bug in the 88mph NFT contract allowed anyone to call initialize() multiple times, enabling arbitrary contract owner takeover and unrestricted NFT minting. An attacker could have stolen all underlying assets by minting/burning user NFTs. Reported via Immunefi with $42,069 bounty; 88mph patched within 2 hours.

Details

Date
Jun 7, 2021
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "88mph hack, Jun 7, 2021: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte557a2323d/ (data as of 2026-10-31).
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