Produced by SlowMist: Common Cryptographic Risks in Blockchain-Applications
Echo Protocol suffered an exploit on Monad, with an attacker minting 1,000 eBTC price roughly $76.64 million. Curvance paused the affected market whereas Echo Protocol suspended all cross-chain transactions. The incident raised May’s operating tally of crypto hacks to 14. How the Echo Protocol Exploit Unfolded On-chain analyst dcfgod first flagged the incident. PeckShield mapped…
Lending protocol Moonwell misplaced an estimated $8.7 million to an exploit on Thursday. No good contract was damaged. An attacker merely made MAMO, a small Base token, look way more beneficial than it’s. The inflated worth let the attacker borrow actual property, together with Coinbase Wrapped Bitcoin (cbBTC) and USD Coin (USDC). Security agency Blockaid…
A federal grand jury has indicted three Tennessee males over an alleged crypto theft spree, together with one incident the place a sufferer was compelled at gunpoint to give up $6.5 million in digital property. Elijah Armstrong, Nino Chindavanh, and Jayden Rucker face conspiracy and kidnapping costs. Tennessee Trio Hunted Crypto Holders According to the…
In April 2021, a flaw in a crypto platform’s code let one man stroll off with $53.3 million. He spent a part of it on Pokémon playing cards. On Wednesday, a New York jury referred to as it theft. Jonathan Spalletta, 36, of Maryland, faces as much as 30 years in jail. His legal professionals…
A former LA sheriff’s deputy simply pleaded responsible to a number of crimes, appearing as an enforcer in a higher crypto corruption scheme. He abused his authority to extort victims on behalf of his employer. The incidents in query passed off in 2021, however that is nonetheless an essential breakthrough for crimefighters. The deputy in…
BTCPay Server confirmed that attackers exploited a vital flaw to steal funds from customers operating any model previous to 2.4.2 and urged operators to replace instantly. The self-hosted Bitcoin cost processor launched model 2.4.2 to shut the vulnerability. The concern allowed an unauthenticated distant attacker to acquire .macaroon credential recordsdata for LND, a typical Lightning…