Incident Overview
The Projekt (GREEN/GOLD) reward vault on Ethereum was exploited. The attacker flash-loaned ~14K WETH from Morpho, pushed it into multiple Uniswap V2 memecoin pairs and used skim() to create fake “purchase” records. Exploiting the permissionless trackPurchase function (which only reads token balance deltas to size rewards without verifying actual ETH spent), they inflated reward allocations and drained ~301.7 ETH (~$560K) from the vault’s reward pool via massWithdraw.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.