Weekly Blockchain Security Watch
October 9 to October 15
From October 9, 2023 to October 15, 2023, all security incidents that had occurred can be categorized into Security Hacks and Rug-pulls.
SECURITY HACKS:
1. Social Media Accounts Compromised
From October 9 to October 15, the following social media accounts were compromised and phishing links might be sent in these accounts:
Discord servers of Cryptopreneurs@crypto_preneurs and Wall Street Memes@wallstmemes
2. Blackhole Suffers Exploit
On October 11, black hole, a dApp deployed on the BNB chain suffered an exploit.
The attacker’s address is 0xFDbfcEEa1de360364084a6F37C9cdb7AaeA63464 on the BNB chain.
Crypto assets worth around US $1.2 million were exploited in this incident.
3. Platypus Suffers Exploit
On October 12, Platypus, a dApp deployed on AVAX suffered an exploit.
It is the third incident affecting Platypus this year.
Mutiple addresses were involved in this incident including the following two:
- 0xf2c444572a402ec83b7cb64e4a9fc2188f0628f2
- 0x464073f659591507d9255b833d163ef1af5ccc2c
Crypto assets worth around US $2.23 million were exploited in this incident.
4. Beluga Protocol Suffers Exploit
On October 13, Beluga Protocol, a dApp deployed on Arbitrum suffered a flash-loan exploit.
Crypto assets worth around US $175,000 were exploited in this incident.
RUG-PULLS:
1. LSC Token Rug-pull
On October 10, a BNB chain deployed token LSC was confirmed to be a rug-pull.
The token is deployed at 0x2b3559c3DBdB294cbb71f2B30a693F4C6be6132d on the BNB chain.
The crypto assets rug-pulled in this incident were sold for US $1.1 million.
2. “BTC BSC” Token Rug-pull
On October 11, a BNB chain deployed token BTC BSC was confirmed to be a rug-pull.
The token is deployed at 0x48747d325d139b1F9cD29d9381Fb73228B9AFfec on the BNB chain.
The crypto assets rug-pulled in this incident were worth around US $36,200.
3. FSL Token Rug-pull
On October 11, a BNB chain deployed token FSL was confirmed to be a rug-pull.
The token is deployed at 0xcA7023FF89Cd3DD05DeDfeB6720611Fdf26dFF08 on the BNB chain.
The crypto assets rug-pulled in this incident were worth around US $1.68 million.
CONCLUSION-
8 notable security incidents have occurred in the past week. 2 were attacks on social medial accounts, 3 were attacks on smart contracts and 3 were rug-pulls.
It is worth noting that the total loss in the incidents that occurred in the last week exceeded US $6 million.
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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