On February 2024, RuggedArt was exploited in a reentrancy, resulting in approximately $10K in losses. That makes the RuggedArt exploit the 383rd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the RuggedArt Reentrancy Played Out
Exploit Class Applied to RuggedArt
The RuggedArt incident on February 19, 2024 is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times. In the full archive, RuggedArt is 1 of 51 documented reentrancy incidents.
RuggedArt in Context
At $10K, the RuggedArt exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — Curve (2023) at $41M.
Prior Reentrancy Before RuggedArt
The nearest reentrancy incident before RuggedArt was Game, 8 days earlier on February 11, 2024. The same exploit class surfaced again within the reentrancy attack surface.
Impact & Recovery for RuggedArt
RuggedArt Loss Figure
The RuggedArt exploit caused $10,000 in losses — a minor (<$1M) incident and the 113th largest of 188 documented in 2024.
Where RuggedArt Sits Among Reentrancy Attacks
Ranked by loss size, RuggedArt is the 27th largest of 51 reentrancy incidents documented. That puts the RuggedArt loss below the class average of $2.87M.
Timeline Since the RuggedArt Incident
The RuggedArt exploit occurred 2.2 years ago (785 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for RuggedArt
Public post-mortem / on-chain analysis for the RuggedArt incident: view source.
FAQ
How much did RuggedArt lose?
The RuggedArt exploit in February 2024 resulted in $10,000 in losses — the 113th largest of 188 DeFi incidents that year.
When did the RuggedArt hack happen?
The RuggedArt exploit was recorded on February 19, 2024 — 785 days ago.
What type of exploit hit RuggedArt?
The RuggedArt incident is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times.
How common is the Reentrancy pattern seen at RuggedArt?
Our archive contains 51 documented reentrancy incidents. The RuggedArt incident is one of them.
How does RuggedArt compare to the largest Reentrancy attack?
The largest reentrancy incident in our archive is Curve (2023) at $41M. The RuggedArt loss is $10K.
What challenge do cryptocurrencies present to traditional financial systems?
They challenge traditional financial systems with their potential for disintermediation and regulatory evasion.
What is the main educational focus of the GENERA Web3 Game developed in the study?
The game focuses on educating players about renewable energy and sustainable practices.