On November 2022, – SEAMAN 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 – SEAMAN Business Logic Flaw Played Out
Exploit Class Applied to – SEAMAN
The – SEAMAN incident on November 29, 2022 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, – SEAMAN is 1 of 144 documented business logic flaw incidents.
– SEAMAN in Context
The – SEAMAN incident joins a class whose largest loss to date is – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before – SEAMAN
The nearest business logic flaw incident before – SEAMAN was – sDAO, 8 days earlier on November 21, 2022 ($13K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for – SEAMAN
– SEAMAN Loss Figure
The loss figure for – SEAMAN 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 – SEAMAN Incident
The – SEAMAN exploit occurred 3.4 years ago (1,232 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for – SEAMAN
Public post-mortem / on-chain analysis for the – SEAMAN incident: view source.
FAQ
How much did – SEAMAN lose?
The – SEAMAN 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 – SEAMAN hack happen?
The – SEAMAN exploit was recorded on November 29, 2022 — 1,232 days ago.
What type of exploit hit – SEAMAN?
The – SEAMAN 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 – SEAMAN?
Our archive contains 144 documented business logic flaw incidents. The – SEAMAN incident is one of them.
How does – SEAMAN compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The – SEAMAN loss was not publicly disclosed.
What was the primary aim of the fintech adoption study?
To determine the extent of mobile banking use, payments, and banking products needed within the Romanian population with tertiary education.
What are the hardware configurations used in the evaluation of DLTs?
64-bit hardware scenarios including processors with different cores and speeds, and RAM capacities, running on various operating systems like Ubuntu, Arch Linux, and Windows 11.