Event record
Record sog_ev_cashio_exploit_batch_k
Infinite-mint exploit compromises Cashio
An attacker bypassed collateral validation and minted unbacked CASH in an infinite-mint exploit.
- Date
- 2022-03-23
- Category
- Security and chain incident
- Subtype
- Exploit
- Status effect
- Restricted or impaired
- Recovery
- Not applicableNot yet recorded
- Evidence
- 2 source records2 relations
Identity and classification
Overview
Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.| Date | 2022-03-23 |
|---|---|
| Public event category | Security and chain incident |
| Canonical event subtype | Exploit |
| Structured detail kind | Security Incident |
| Stablecoin subjects | Cashio Dollar |
| Organization subjects | Cashio |
| Impact | Critical |
| Effect on stablecoin lifecycle | Restricted or impaired |
| Canonical status-effect value | Impaired |
| Recovery or reversal | Not applicable |
| Recovery date | Not Applicable |
| Cause or mechanism | Collateral validation failure enabled unlimited unbacked CASH minting. |
| Structured detail coverage | Structured fields available below |
| Record confidence | High |
- Date
- 2022-03-23
- Public category
- Security and chain incident
- Canonical subtype
- Exploit
- Structured detail kind
- Security Incident
- Impact
- Critical
- Status effect
- Restricted or impaired
- Recovery
- Not applicable
- Recovery date
- Not yet recorded
- Cause or mechanism
- Collateral validation failure enabled unlimited unbacked CASH minting.
- Record confidence
- High
Affected records
Subjects
Stablecoin and organization subjects remain separate record groups.Cashio Dollar
Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.
Cashio
Open the organization record for roles, relationships, events, evidence, and unknowns.
Typed record
Structured detail
Event-type-specific facts remain visible with explicit value states.| Security-incident detail — Summary | Collateral validation failure enabled unlimited unbacked CASH minting. |
|---|---|
| Security-incident detail — Status | Confirmed |
| Security-incident detail — Loss or exposure | Published estimates range from approximately $28 million in TVL loss to roughly $52 million in affected assets. (approximate) |
- Security-incident detail — Summary
- Collateral validation failure enabled unlimited unbacked CASH minting.
- Security-incident detail — Status
- Confirmed
- Security-incident detail — Loss or exposure
- Published estimates range from approximately $28 million in TVL loss to roughly $52 million in affected assets. (approximate)
Provenance
Evidence
Source identity, publisher, publication date, reliability, archive, and relation count remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Stablecoin Cashio Suffers Infinite Glitch Exploit, TVL Drops by $28M Published 2022-03-23 | CoinDesk | Independent news or analysis Canonical: News Article | Independent third-party source | Secondary source | Exploit Date, Infinite Mint, Peg Collapse, Security Incident | Archive index or wildcard | High |
| Cashio App Incident Analysis Published 2022-03-23 | CertiK | Research or security report Canonical: Security Analysis | Independent third-party source | Secondary source | Exploit Mechanism, Loss Estimate, Remediation, Security Incident | Archive index or wildcard | High |
Stablecoin Cashio Suffers Infinite Glitch Exploit, TVL Drops by $28M
- Publisher
- CoinDesk
- Published
- 2022-03-23
- Reliability
- High
- Relations
- 1
Cashio App Incident Analysis
- Publisher
- CertiK
- Published
- 2022-03-23
- Reliability
- High
- Relations
- 1
Maintenance