Discover more from Fairyproof Official Newsletter
Weekly Blockchain Security Watch
May 1 to May 7
From May 1, 2023 to May 7, 2023, all security incidents that had occurred are all Security Hacks.
1. Level Finance Gets Exploited
On May 2, Level Finance, a DeFi application deployed on the BNB chain suffered an exploit.
The root cause was its referral controller contract had a vulnerability. The hacker drained 214K LVL tokens and swapped them to 3,345 BNBs.
Crypto assets worth around US $1.1 million were exploited in this incident.
2. Syncera’s Discord Server Gets Compromised
On May 5, the discord server of Syncera(@Syncera_io) was compromised. Syncera is a launchpad application on zkSync.
3. Feet Lab’s Discord Server Gets Compromised
On May 5, the discord server of Feet Labs(@FeetLabsHQ) was compromised. Feet Labs is an NFT application on Ethereum.
4. STFX’s Discord Server Gets Compromised
On May 6, the discord server of STFX(@STFX_IO) was compromised. STFX is a dApp on Ethereum, Arbitrum and AVAX.
4 notable security incidents have occurred in the past week. 1 was an attack on smart contract and the other were attacks on social media.
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.
To stay updated on notable security incidents in the world of Web3.0, subscribe to our newsletter:
To stay updated on notable security incidents in the world of Web3.0
For a better understanding of all things Web3.0: https://medium.com/@FairyproofT
Looking to strengthen the security of your project or looking for an audit? Contact us at