Weekly Blockchain Security Watch
January 1 to January 7
From January 1, 2024 to January 7, 2024, all security incidents that had occurred are Security Hacks.
SECURITY HACKS:
1. Orbit Chain Suffers Exploit
On January 1, a multi-chain deployed dApp Orbit Chain suffered an exploit.
The attacker initiated the attack from multiple addresses on Ethereum, including:
Attacker's addresses: 0xE03D37392255Fd1dae5476b04388315cC70B78c2
0x0C43EdEb2eE69C27d689E912ab5b8E8EEF128D4c
0x817bb1761B715a08A9142F99fA7d0cCF73F4C0EF and more.
Crypto assets including ETH, WBTC, USDT, DAI and USDC were stolen.
Crypto assets worth around US $81.5 million were exploited in this incident.
2. Channels Finance Suffers Exploit
On January 3, a BNB chain deployed dApp Channels Finance suffered an exploit.
The attacker's address is 0xe6f6d3cd38e9bf1e118c8fd1528d303d261ba4f7 on the BNB chain.
Crypto assets worth around US $270,000 were exploited in this incident.
3. Radiant Capital Suffers Exploit
On January 3, an Arbitrum deployed dApp Radiant suffered a flash-loan attack.
The attacker’s address is 0x826d5f4d8084980366f975e10db6c4cf1f9dde6d on Arbitrum.
Crypto assets worth around US $4.5 million were exploited in this incident.
4. Gamma Strategies Suffers Exploit
On January 4, an Arbitrum deployed dApp Gamma Strategies suffered an exploit.
The attacker’s address is 0x5351536145610aa448a8bf85ba97c71caf31909c on Arbitrum.
Crypto assets worth around US $3.3 million were exploited in this incident.
5. CoinsPaid Suffers Exploit
On January 7, a crypto service platform CoinsPaid suffered an exploit on both Ethereum and the BNB Chain.
Crypto assets worth around US $7.5 million were exploited in this incident.
CONCLUSION-
5 notable security incidents have occurred in the past week. It is worth noting that the total loss is more than US $90 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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