Weekly Blockchain Security Watch

September 23 to September 29

From September 23, 2024 to September 29, 2024, all security incidents that had occurred are all Security Hacks.

SECURITY HACKS:

1. Onyx Suffers Exploit

On September 26, Onyx@OnyxDAO, a dApp deployed on Ethereum suffered an exploit.

The root cause is that its exchange rate was manipulated.

Crypto assets worth around US $3.8 million were exploited in this incident.

CONCLUSION-

1 notable security incident has occurred in the past week. It was an attack on smart contracts.

A Reminder for Project Teams: Always test thoroughly. Do smart contract audits before deploying smart contracts on-chain. Be alert to any anomalies happening in the various social media accounts you manage.

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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