shield Business Logic Flaw · $413K loss

MO Hack: How $413K Was Lost in a Business Logic Flaw (2024)

On March 2024, MO was exploited in a business logic flaw, resulting in approximately $413K in losses. That makes the MO exploit the 129th largest DeFi incident out of 690 documented in our archive.

Estimate loss of @BitMartExchange ~$100M

Attack Mechanics: How the MO Business Logic Flaw Played Out

Exploit Class Applied to MO

The MO incident on March 14, 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, MO is 1 of 144 documented business logic flaw incidents.

MO in Context

At $413K, the MO 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 MO

The nearest business logic flaw incident before MO was IT, 1 day earlier on March 13, 2024 ($13K lost). The same exploit class surfaced again within the business logic flaw attack surface.

Impact & Recovery for MO

MO Loss Figure

The MO exploit caused $413,000 in losses — a minor (<$1M) incident and the 32nd largest of 188 documented in 2024. This single incident represents 0.1% of all tracked losses that year.

Where MO Sits Among Business Logic Flaw Attacks

Ranked by loss size, MO is the 25th largest of 144 business logic flaw incidents documented. That puts the MO loss below the class average of $6.08M.

Timeline Since the MO Incident

The MO exploit occurred 2.1 years ago (761 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

FAQ

How much did MO lose?

The MO exploit in March 2024 resulted in $413,000 in losses — the 32nd largest of 188 DeFi incidents that year.

When did the MO hack happen?

The MO exploit was recorded on March 14, 2024 — 761 days ago.

What type of exploit hit MO?

The MO 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 MO?

Our archive contains 144 documented business logic flaw incidents. The MO incident is one of them.

How does MO compare to the largest Business Logic Flaw attack?

The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The MO loss is $413K.

Which model showed the best performance for predicting Bitcoin market movements?

The Multi-Layer Perceptron (MLP) model.

How does blockchain technology impact the auditing sector?

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