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Hack history / 2024 / Hack or exploit

MOBOX

Hack or exploit on Mar 14, 2024 · Borrow Logic Flaw

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$750K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,020
among thefts by dollars lost

What happened

MOBOX borrow function exploited by cyclically borrowing and redeeming funds while incrementally increasing loan amounts. Referral rewards were transferred back to the contract to inflate the next borrow, netting ~$750K USDT.

Details

Date
Mar 14, 2024
Kind
Hack or exploit
Method
Borrow Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Optimism

Reported by

Cite this pageSwanBluechip, "MOBOX hack, Mar 14, 2024: $750K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htfc73b59b82/ (data as of 2026-10-31).
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