Weekly Blockchain Security Watch

September 9 to September 15

From September 9, 2024 to September 15, 2024, all security incidents that had occurred are all Security Hacks.

SECURITY HACKS:

1. CUT Suffers Exploit

On September 10, CUT@cut2024cut, a dApp deployed on BNB suffered an exploit.

The attacker is 0x560a77bc06dcc77EEe687acB65D46B580a63eB45 on BNB.

Crypto assets worth around US $1.4 million were exploited in this incident.

2. indodax@indodax Suffers Exploit

On September 11, indodax@indodax, a CEX suffered an exploit.

The attacker is 0xB0A2e43D3E0dc4C71346A71484aC6a2627bbCbeD on Ethereum.

The root cause is that its private key was compromised.

Crypto assets worth around US $20 million were exploited in this incident.

CONCLUSION-

2 notable security incidents have occurred in the past week. One was an attack on smart contracts and the other was an attack on a CEX.

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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