Weekly Blockchain Security Watch
Jan 2 to Jan 8
From 2 January 2023 to 8 January 2023, all security incidents that have occurred were Security Hacks.
1. RTFKT’s COO Nikhil Gopalani Announces He Had Suffered Phishing Attack
On 3 Jan, RTFKT’s COO Nikhil Gopalani (@Nikgopalani) announced on Twitter that he had suffered a phishing attack and that the hacker had sold all his CloneX NFTs along with others.
He lost around US$300, 000 worth of crypto assets during this incident.
2. Worlds Beyond Announces Discord Hacked
On 3 Jan, NFT project on Ethereum Worlds Beyond (@WorldsBeyondNFT) announced on Twitter that their Discord account had been hacked and their server was temporarily compromised. The account also reported that all staff hand been banned from the server.
The account later reminded users that they will “never stealth mint” and urged users to only use their official links to avoid potential scams or hacks.
As of the time of writing, investigations are still ongoing, and the project has opened channels in Discord to aid affected users.
3. Hacker Exploits Vulnerability on Function Lacking Validation for Settings in Attack Against GDS
On 3 Jan, GDS Chain’s application deployed on the BNB chain was attacked.
The root cause of this incident was its “_lpRewardAmount” function had lacked validation for its settings. The hacker leveraged a flash-loan and exploited this vulnerability to launch the attack.
After the hack, the GDS’ price crashed by 84% and crypto assets worth around US $187,000 were exploited.
- Attacker’s Address: 0xcF2362B46669E04B16D0780cf9B6e61c82De36a7
- Hash Value of Attack Transaction:
4. Cirrus Announce Holders of CryptoPunks, BAYCs, Meebits Suffer Phishing Scams
On 4 Jan, NFT community member Cirrus (@CirrusNFT) announced on Twitter that holders of CryptoPunks, BAYCs, and Meebits suffered phishing scams. CryptoPunks 4607, 965, and BAYC 1723 were exploited.
Later, Twitter user @CryptoNovo311 claimed that 4 CryptoPunks in his possession were stolen.
CryptoPunks and BAYCs worth above 600 ETHs (US$748, 800) were exploited in these attacks.
It was also suspected that the hacker had also exploited 111 KUMALEON NFTs and used FixedFloat to cash out.
- Attacker’s Address: 0x8E25Ab3382ad5bde35A09E72d3b9a851A7cC8d00
- Attacked Address: 0x52aD8f3C506aA25b954276c5456060DAd6f3Fd7b
5. Hacker Exploits Whale Holder of GMX Through Phishing Attack
On 4 Jan, a whale holder of GMX suffered from a phishing attack on the BNB chain.
The attacker exploited 82519 GMXs worth around US $3.4 million on the BNB chain, exchanged them to 2627 ETHs and cross-chain transferred them from the BNB chain to Ethereum.
6. Hacker Attacks Deviants’ Discord Server
On 4 Jan, a hacker attacked Deviants’ discord server. Deviants is an NFT project on Ethereum.
7. Inkwork Labs Announce Discord Server Compromised
On 5 Jan, NFT project on Solana Inkwork Labs (@InkworkLabs) announced on Twitter that their Discord server had been compromised. The account later posted a follow-up thread revealing that one of their “now older mods, Krypto King#0036” had clicked on a malicious link that caused a Dyno bypass. Dyno is a Discord bot used for various purposes like moderation and user verification.
The account also reported that although the attackers had gained access to the server earlier, the attack was not conducted until everyone was away.
Inkwork Labs also reported that the accounts associated with the exploited were identified and banned. They also urged users not to click on any links unless a drops is scheduled. Moreover, they advised users to “always double check the user who’s posting the announcement. ALWAYS.”.
Relevant channels for affected users have been opened for further assistance.
8. Hacker Attacks Twitter User @TheViralFever
On 6 Jan, a hacker launched a phishing attack against Twitter user @TheViralFever by sending the users a fake link to ENS airdrop.
9. Hacker Attacks PanksNotDed’s Discord Server
On 7 Jan, a hacker attacked PanksNotDed’s discord server. PanksNotDed is an NFT project on Ethereum.
10. Hacker Attacks Cyber Kongz’s Discord Server
On 7 Jan, a hacker attacked Cyber Kongz’s discord server. Cyber Kongz is an NFT project on Ethereum.
11. Mycelium Announces Attack Due to Issue with Price Feed for ETH-USD
On 7 Jan, the team behind a DeFi perpetual application deployed on Arbitrum Mycelium (@mycelium_xyz) announced on its Twitter a that it was attacked.
The team also announced that the attack came due to an issue with its price feed for ETH-USD. Its MLP was exploited by 4% ~ 6% of the total assets, totaling around US$300, 000.
At the time of writing, the issue had been fixed and the application was back to work.
12. Hacker Attacks Yaypegs’s Discord Server
On 8 Jan, a hacker attacked Yaypegs’s discord server. Yaypegs is an NFT project on Ethereum.
13. Hacker Attacks Mech’s Discord Server
On 8 Jan, a hacker attacked Mech’s discord server. Mech is an NFT project on Polygon.
13 notable security incidents have occurred in the past week. Most of them were phishing attacks against Discord or Twitter accounts.
A Reminder for Project Teams: Always test thoroughly. Do smart contract audits before deploying smart contracts on-chain.
A Reminder for Crypto Users: Be cautious about suspicious links, emails, websites, and projects launched by teams without established reputations.
It is important for everyone in the crypto community to gain understanding and practice sufficient levels of cybersecurity.
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