shield Price Manipulation · $22.8K loss

EEE Hack: How $22.8K Was Lost in a Price Manipulation (2023)

On November 2023, EEE was exploited in a price manipulation on BNB Chain, resulting in approximately $22.8K in losses. That makes the EEE exploit the 324th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the EEE Price Manipulation Played Out

Exploit Class Applied to EEE

The EEE incident on November 30, 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, EEE is 1 of 85 documented price manipulation incidents.

EEE in Context

At $22.8K, the EEE exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.

Prior Price Manipulation Before EEE

The nearest price manipulation incident before EEE was Burntbubba, 1 day earlier on November 29, 2023 ($3K lost). The same exploit class surfaced again within the price manipulation attack surface.

Target Chain: BNB Chain

The vulnerable EEE contract was deployed on BNB Chain — one of 23 documented incidents on BNB Chain. This determines the block cadence, mempool, and forensic tooling available to investigators.

Impact & Recovery for EEE

EEE Loss Figure

The EEE exploit caused $22,800 in losses — a minor (<$1M) incident and the 123rd largest of 214 documented in 2023.

Where EEE Sits Among Price Manipulation Attacks

Ranked by loss size, EEE is the 49th largest of 85 price manipulation incidents documented. That puts the EEE loss below the class average of $3.9M.

Timeline Since the EEE Incident

The EEE exploit occurred 2.4 years ago (866 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for EEE

Public post-mortem / on-chain analysis for the EEE incident: view source.

FAQ

How much did EEE lose?

The EEE exploit in November 2023 resulted in $22,800 in losses — the 123rd largest of 214 DeFi incidents that year.

When did the EEE hack happen?

The EEE exploit was recorded on November 30, 2023 — 866 days ago.

What type of exploit hit EEE?

The EEE 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.

Which blockchain was EEE deployed on?

The EEE contract was deployed on BNB Chain, one of 23 documented incidents on that chain.

How does EEE compare to the largest Price Manipulation attack?

The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The EEE loss is $22.8K.

What year saw refugees from disasters reach 60.9 million, and what caused this increase?

In 2022, due to natural and human-made disasters, marking an over 60% increase compared to 2021.

What type of assets are cryptocurrencies considered in the study?

Cryptocurrencies are considered both as a means of payment and a financial asset.