Hack history / 2023 / Hack or exploit
Channels Finance
Hack or exploit on Dec 30, 2023 · Infinite Mint
ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$320K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,294
among thefts by dollars lost
What happened
Channels Finance, a Compound V2 fork on BSC, suffered an inflation attack exploiting improper token accounting. The attacker manipulated the protocol's supply mechanics to mint unbacked tokens, draining approximately $320K.
In review: possible duplicate within one source.
Details
- Date
- Dec 30, 2023
- Kind
- Hack or exploit
- Method
- Infinite Mint
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
Related incidents
Channels 2023 · Hack or exploit · $4K
Youtube channels 2021 · Fraud · undisclosed
Raft 2023 · Hack or exploit · $3.3M
fcdep 2023 · Hack or exploit · $350K
Youtube channels 2021 · Fraud · undisclosed
Raft 2023 · Hack or exploit · $3.3M
fcdep 2023 · Hack or exploit · $350K
Cite this page
SwanBluechip, "Channels Finance hack, Dec 30, 2023: $320K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte5c43c29d8/ (data as of 2026-10-31).