Tagged: exploit

Massive Ledger Security Event Impacted Numerous Crypto Apps, Industry Professional Provides Guidance for Securing Assets in Self-Custody

Jameson Lopp, co-founder and CTO at Casa, has shared key insights after the widely reported Ledger hack / security breach that appears to be impacting a large number of DeFi platforms and dApps, with some unconfirmed reports indicating major losses of crypto funds. Lopp, who… Read More

SlowMist Analysis of Crypto Address Spoofing Attacks Examines Web3 Platform’s Security Vulnerabilities in Smart Contracts

On December 5, 2023, thirdweb, a Web3 foundational development platform, reported security vulnerabilities in its pre-built smart contracts. As noted in a blog post by SlowMist, this issue affects all tokens “deployed using these pre-built smart contracts, including ERC20, ERC721, and ERC1155 tokens.” Based on… Read More

Curve Finance Vyper Code Vulnerability Leads to Major Hack Impacting Liquidity Pools: Chainalysis Report

On July 30, 2023, several liquidity pools on Curve Finance were exploited, resulting in approximately $70 million in losses and triggering panic within the DeFi ecosystem, the team at Chainalysis noted. In a blog post, Chainalysis also mentioned that these hacks occurred due to “a… Read More

Multichain Halts Operations as CEO Zhaojun’s Sister Now Detained by Chinese Authorities, Might Be Holding $220M of Funds

On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. As noted via social media, the team claims they contacted the MPC node operators and… Read More

Beanstalk Aims to Recapitalize Stablecoin Project with “Barn Raise” Offering to Community

  It was reported earlier this month that crypto startup Beanstalk was the target of an exploit that saw a theft of up to $180 million in value. Around the time of the Attack, the Bean team stated “We’re engaging all efforts to try to… Read More

CertiK Reports that Qubit Bridge Collapse was Exploited to the Tune of $80M

At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

Hedera Network Not Affected by Critical Zero-Day Exploit in log4j2 Library, Developers Claim

On Thursday, December 9, 2021, a “critical” zero-day exploit was reported in the widely used log4j2 library. The exploit “did not affect the Hedera network,” the platform’s developers claim while noting that “out of an abundance of caution, the Hedera team addressed the issue on… Read More

DeFi Hack Analysis: Project PancakeBunny Attacked via Major $200 Million Flash Loan Vulnerability

SlowMist, which focuses on blockchain ecosystem security, and has served major digital asset firms such as Huobi, OKEx, Binance, imToken (with around 1,000 commercial customers), has conducted an analysis on the recent PancakeBunny hack. SlowMist Zone had reported that PancakeBunny, the decentralized finance (DeFi) revenue… Read More

Send this to a friend