On June 2024, MineSTM was exploited in a business logic flaw, resulting in approximately $13.8K in losses. That makes the MineSTM exploit the 367th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the MineSTM Business Logic Flaw Played Out
Exploit Class Applied to MineSTM
The MineSTM incident on June 6, 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, MineSTM is 1 of 144 documented business logic flaw incidents.
MineSTM in Context
At $13.8K, the MineSTM 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 MineSTM
The nearest business logic flaw incident before MineSTM was NCD, 2 days earlier on June 4, 2024 ($6.4K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for MineSTM
MineSTM Loss Figure
The MineSTM exploit caused $13,800 in losses — a minor (<$1M) incident and the 105th largest of 188 documented in 2024.
Where MineSTM Sits Among Business Logic Flaw Attacks
Ranked by loss size, MineSTM is the 81st largest of 144 business logic flaw incidents documented. That puts the MineSTM loss below the class average of $6.08M.
Timeline Since the MineSTM Incident
The MineSTM exploit occurred 1.9 years ago (677 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
FAQ
How much did MineSTM lose?
The MineSTM exploit in June 2024 resulted in $13,800 in losses — the 105th largest of 188 DeFi incidents that year.
When did the MineSTM hack happen?
The MineSTM exploit was recorded on June 6, 2024 — 677 days ago.
What type of exploit hit MineSTM?
The MineSTM 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 MineSTM?
Our archive contains 144 documented business logic flaw incidents. The MineSTM incident is one of them.
How does MineSTM compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The MineSTM loss is $13.8K.
What future developments are anticipated for blockchain in healthcare?
Further integration with AI for predictive analytics, enhanced patient engagement through decentralized apps, and global health data exchanges.
What does the study's analysis imply about the predictability of cryptocurrency prices?
The complexity and unique statistical behaviors of cryptocurrencies imply that price movements are challenging to predict with standard financial models.