Weekly Blockchain Security Watch
February 19 to February 25
From February 19, 2024 to February 25, 2024, all security incidents that had occurred can be categorized into Security Hacks and Rug-pulls.
SECURITY HACKS:
1. Blueberry Protocol Foundation Suffers Exploit
On February 23, an Ethereum deployed dApp Blueberry Protocol Foundation@blueberryFDN suffered an exploit.
The exploit was was front-run by one white hat hacker @coffeebabe_eth .
Crypto assets worth around US $1.37 million were exploited in this incident.
2. Personal Wallets’ Suffer Exploit
On February 23, the wallets of the Ronin Network’s co-founders were compromised.
3217 $ETH worth US $9.6 million were exploited in this incident.
RUG-PULLS:
1. STRK Token Rug-pull
On February 21, a BNB chain deployed token STRK was confirmed to be a rug-pull.
The token is deployed at 0xcc62cf4ee73812a670ad930b9a34ff00a235014f on the BNB chain.
Crypto assets worth around US $84,400 were exploited in this incident. The price of $STRK dropped 100.00% after the rug-pull.
2. PIXEL Token Rug-pull
On February 19, a BNB chain deployed token PIXEL was confirmed to be a rug-pull.
The token is deployed at 0xa5c7ed2e42d69fede93635457a4808c11fb156fb on the BNB chain.
Crypto assets worth around US $99,000 were exploited in this incident.
The price of $PIXEL dropped nearly 100.00% after the rug-pull.
CONCLUSION-
4 notable security incidents have occurred in the past week. Two were attacks on smart contracts or wallets and two were rug-pulls.
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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