On November 2023, Burntbubba was exploited in a price manipulation, resulting in approximately $3K in losses. That makes the Burntbubba exploit the 424th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the Burntbubba Price Manipulation Played Out
Exploit Class Applied to Burntbubba
The Burntbubba incident on November 29, 2023 is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol. In the full archive, Burntbubba is 1 of 85 documented price manipulation incidents.
Burntbubba in Context
At $3K, the Burntbubba exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before Burntbubba
The nearest price manipulation incident before Burntbubba was Token8633_9419, 12 days earlier on November 17, 2023 ($52K lost). The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for Burntbubba
Burntbubba Loss Figure
The Burntbubba exploit caused $3,000 in losses — a minor (<$1M) incident and the 154th largest of 214 documented in 2023.
Where Burntbubba Sits Among Price Manipulation Attacks
Ranked by loss size, Burntbubba is the 62nd largest of 85 price manipulation incidents documented. That puts the Burntbubba loss below the class average of $3.9M.
Timeline Since the Burntbubba Incident
The Burntbubba exploit occurred 2.4 years ago (867 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Burntbubba
Public post-mortem / on-chain analysis for the Burntbubba incident: view source.
FAQ
How much did Burntbubba lose?
The Burntbubba exploit in November 2023 resulted in $3,000 in losses — the 154th largest of 214 DeFi incidents that year.
When did the Burntbubba hack happen?
The Burntbubba exploit was recorded on November 29, 2023 — 867 days ago.
What type of exploit hit Burntbubba?
The Burntbubba incident is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol.
How common is the Price Manipulation pattern seen at Burntbubba?
Our archive contains 85 documented price manipulation incidents. The Burntbubba incident is one of them.
How does Burntbubba compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The Burntbubba loss is $3K.
What is the role of validators in Ethereum 2.0?
Validators participate in the consensus process by proposing and attesting to blocks, secured by their staked ETH.
Why was the GARCH (1,1) model selected for this study on cryptocurrency volatility?
It was selected for its comprehensive results and relatively less complex nature in implementation, following previous research demonstrating its adequacy.