On December 2024, BTC24H was exploited in a business logic flaw, resulting in approximately $85.7K in losses. That makes the BTC24H exploit the 232nd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the BTC24H Business Logic Flaw Played Out
Exploit Class Applied to BTC24H
The BTC24H incident on December 16, 2024 is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share. In the full archive, BTC24H is 1 of 144 documented business logic flaw incidents.
BTC24H in Context
At $85.7K, the BTC24H exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before BTC24H
The nearest business logic flaw incident before BTC24H was JHY, 2 days earlier on December 14, 2024 ($11K lost). The same exploit class surfaced again within the business logic flaw attack surface.
BTC24H Vulnerability Signature
The primary source categorises the BTC24H exploit specifically as “Logic Flaw”. This narrower label is entity-specific: it reflects how the BTC24H contract failed, rather than the broad business logic flaw pattern alone.
Impact & Recovery for BTC24H
BTC24H Loss Figure
The BTC24H exploit caused $85,700 in losses — a minor (<$1M) incident and the 67th largest of 188 documented in 2024.
Where BTC24H Sits Among Business Logic Flaw Attacks
Ranked by loss size, BTC24H is the 43rd largest of 144 business logic flaw incidents documented. That puts the BTC24H loss below the class average of $6.08M.
Timeline Since the BTC24H Incident
The BTC24H exploit occurred 1.3 years ago (484 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for BTC24H
Public post-mortem / on-chain analysis for the BTC24H incident: view source.
FAQ
How much did BTC24H lose?
The BTC24H exploit in December 2024 resulted in $85,700 in losses — the 67th largest of 188 DeFi incidents that year.
When did the BTC24H hack happen?
The BTC24H exploit was recorded on December 16, 2024 — 484 days ago.
What type of exploit hit BTC24H?
The BTC24H incident is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share.
How common is the Business Logic Flaw pattern seen at BTC24H?
Our archive contains 144 documented business logic flaw incidents. The BTC24H incident is one of them.
How does BTC24H compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The BTC24H loss is $85.7K.
How does the research propose to use machine learning for risk management?
Machine learning algorithms are used to predict and identify deviations in IIoT device operations, facilitating proactive risk management.
How does blockchain technology contribute to data security in remote healthcare monitoring?
By providing a tamper-proof, decentralized ledger for recording and verifying transactions securely.