On June 2023, MyAi suffered a business logic flaw — the first of 144 documented business logic flaw incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.
Attack Mechanics: How the MyAi Business Logic Flaw Played Out
Exploit Class Applied to MyAi
The MyAi incident on June 30, 2023 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, MyAi is 1 of 144 documented business logic flaw incidents.
MyAi in Context
The MyAi incident joins a class whose largest loss to date is – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before MyAi
The nearest business logic flaw incident before MyAi was STRAC, 3 days earlier on June 27, 2023. The same exploit class surfaced again within the business logic flaw attack surface.
MyAi Vulnerability Signature
The primary source categorises the MyAi exploit specifically as “Business Logic”. This narrower label is entity-specific: it reflects how the MyAi contract failed, rather than the broad business logic flaw pattern alone.
Impact & Recovery for MyAi
MyAi Loss Figure
The loss figure for MyAi is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 144 business logic flaw incidents in our archive is $6.08M.
Timeline Since the MyAi Incident
The MyAi exploit occurred 2.8 years ago (1,019 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for MyAi
Public post-mortem / on-chain analysis for the MyAi incident: view source.
FAQ
How much did MyAi lose?
The MyAi loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.
When did the MyAi hack happen?
The MyAi exploit was recorded on June 30, 2023 — 1,019 days ago.
What type of exploit hit MyAi?
The MyAi 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 MyAi?
Our archive contains 144 documented business logic flaw incidents. The MyAi incident is one of them.
How does MyAi compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The MyAi loss was not publicly disclosed.
What role do smart contracts play in blockchain-based supply chains?
Smart contracts automate operations and agreements, ensuring execution under specified conditions.
What is the primary objective of the research?
To explore the impact of board gender diversity and foreign institutional investors on CSR engagement in Chinese listed companies.