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Hack history / 2022 / Hack or exploit

Jaypeggers

Hack or exploit on Dec 29, 2022 · Reentrancy

ONE SOURCE · 1 SOURCE
Lost
$18K
dollars at the time
Returned
none listed
as the sources state it
Rank
#2,144
among thefts by dollars lost

What happened

On December 29, 2022, Jaypeggers (JAY token) on Ethereum was exploited through a reentrancy vulnerability. The buyJay function lacked proper validation and allowed the attacker to insert a malicious contract as an ERC-721 token. The attacker reentered through the sell function using a miscalculated price to profit approximately 15.32 ETH (~$18.5K).

Details

Date
Dec 29, 2022
Kind
Hack or exploit
Method
Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Jaypeggers hack, Dec 29, 2022: $18K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htef0152453c/ (data as of 2026-11-01).
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