Admin Change with Issuance Event Alert - DEPRECATED

THIS ENDPOINT HAS BEEN DEPRECATED AND WILL NO LONGER BE ACTIVELY MAINTAINED, UPDATED OR SUPPORTED

Alert Definition

Alerts if the admin of a smart contract has changed and new units of the asset were printed over the course of the following 120 blocks (~25 minutes).

Dictionary

Name	AlertID	Category	Sub-category	Type	Unit	Interval
Admin Change with Issuance Event Alert	admin_key_change_inflation_event_120b_hi	Alert	DeFi Alerts	N/A	Event	Ad hoc

Interpretation

Many DeFi applications are entirely controlled by a special key called the admin key. If compromised, hackers could use this key to effectively takeover the DeFi application controlled by the key via an admin key change. This would enable them to mint themselves large sums of the application's token, halt it altogether, censor users, or change the application in any arbitrary way.

Potential Root Causes

The admin was changed due to a planned operational/administrative change that coincided with a scheduled minting event.

The admin key was compromised: an attacker is now in control of it and is using this power to mint new units of the application's token.

Asset Coverage

Aave (AAVE), SushiSwap (SUSHI), Paxos Gold (PAXG), RenBTC (RENBTC), Wrapped Bitcoin (WBTC), Tether Gold (XAUT), Binance USD (BUSD), Huobi USD (HUSD), USD Paxos (PAX), Circle USD (USDC), OkCoin USD (USDK), Tether USD on ETH (USDT_ETH)

\

\