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Hack history / 2025 / Hack or exploit

Goldfinch

Hack or exploit on Dec 2, 2025 · Token Approval Abuse

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$330K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,282
among thefts by dollars lost

What happened

A flaw in Goldfinch's legacy collectInterestRepayment() function permitted transfers from any approved address without proper safeguards. An attacker deposited USDC to manipulate share price, then repeatedly withdrew inflated amounts, draining the victim's holdings through the contract's misconfigured approval logic.

Details

Date
Dec 2, 2025
Kind
Hack or exploit
Method
Token Approval Abuse
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Goldfinch hack, Dec 2, 2025: $330K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte7d9d0b0cb/ (data as of 2026-10-31).
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