On October 2022, ATK was exploited in a flash loan attack, resulting in approximately $127K in losses. That makes the ATK exploit the 198th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the ATK Flash Loan Attack Played Out
Exploit Class Applied to ATK
The ATK incident on October 12, 2022 is classified as a Flash Loan Attack. Attackers borrow huge amounts via uncollateralised single-transaction loans and manipulate protocol state before repaying in the same block. In the full archive, ATK is 1 of 27 documented flash loan attack incidents.
ATK in Context
At $127K, the ATK exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — PolterFinance (2024) at $7M.
Prior Flash Loan Attack Before ATK
The nearest flash loan attack incident before ATK was NewFreeDAO, 34 days earlier on September 8, 2022 ($1M lost). The same exploit class surfaced again within the flash loan attack attack surface.
ATK Vulnerability Signature
The primary source categorises the ATK exploit specifically as “FlashLoan manipulate price”. This narrower label is entity-specific: it reflects how the ATK contract failed, rather than the broad flash loan attack pattern alone.
Impact & Recovery for ATK
ATK Loss Figure
The ATK exploit caused $127,000 in losses — a minor (<$1M) incident and the 23rd largest of 129 documented in 2022. This single incident represents 0.1% of all tracked losses that year.
Where ATK Sits Among Flash Loan Attack Attacks
Ranked by loss size, ATK is the 11th largest of 27 flash loan attack incidents documented. That puts the ATK loss below the class average of $577.3K.
Timeline Since the ATK Incident
The ATK exploit occurred 3.5 years ago (1,280 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for ATK
Public post-mortem / on-chain analysis for the ATK incident: view source.
FAQ
How much did ATK lose?
The ATK exploit in October 2022 resulted in $127,000 in losses — the 23rd largest of 129 DeFi incidents that year.
When did the ATK hack happen?
The ATK exploit was recorded on October 12, 2022 — 1,280 days ago.
What type of exploit hit ATK?
The ATK incident is classified as a Flash Loan Attack. Attackers borrow huge amounts via uncollateralised single-transaction loans and manipulate protocol state before repaying in the same block.
How common is the Flash Loan Attack pattern seen at ATK?
Our archive contains 27 documented flash loan attack incidents. The ATK incident is one of them.
How does ATK compare to the largest Flash Loan Attack attack?
The largest flash loan attack incident in our archive is PolterFinance (2024) at $7M. The ATK loss is $127K.
What implication does the study suggest for portfolio diversification with cryptocurrencies?
Due to their distinct statistical properties and behaviors, cryptocurrencies can offer unique diversification benefits in a financial portfolio.
What is the purpose of using LSTM in stock market prediction according to the document?
LSTM is used for its high model fitting ability and to overcome the challenges of dynamic, non-linear stock price movements.