Weekly Blockchain Security Watch
Weekly Blockchain Security Watch
March 4 to March 10
From March 4, 2024 to March 10, 2024, all security incidents that had occurred can be categorized into Security Hacks and Rug-pulls..
SECURITY HACKS:
1. TGBS Suffers Exploit
On March 6, a BNB chain deployed token TGBS suffered an exploit.
The attack is 0xff1db040e4f2a44305e28f8de728dabff58f01e1 on the BNB chain.
366 BNBs worth around US $150,000 were exploited in this incident.
2. Woo Fi Suffers Exploit
On March 6, an Arbitrum deployed dApp WOOFi@_WOOFi suffered an exploit.
The root cause of this incident was that the token’s price was manipulated.
The attacker is 0x9961190b258897bca7a12b8f37f415e689d281c4 on Arbitrum.
2023 ETHs worth US $7.2 million were exploited in this incident.
3. Unizen Suffers Exploit
On March 9, an Ethereum deployed dApp unizen@unizen_io suffered an exploit.
The attacker is 0xb660cae1a59336676ea1887b15eb3c0badb90d78 on Ethereum.
Crypto assets worth around US $2.1 million were exploited in this incident.
RUG-PULLS:
1. DREAMAI Rug-pull
On March 4, an Ethereum deployed token DREAMAI was confirmed to be a rug-pull.
The token is deployed at 0x39454416e6a8283ac14faac621a35349213ba110 on Ethereum.
The DREAMAI tokens were dumped for 66 ETH, worth around US $229,000.
The price of the DREAMAI token dropped 100.00% after the rugpull.
2. NOT Token Rug-pull
On March 7, an Ethereum deployed token NOT was confirmed to be a rug-pull.
The token is deployed at 0xb52ca047171f8965cb19421618a7f28c6540861d on Ethereum.
The NOT tokens were dumped for 53 ETHs worth US $202,000.
The price of the NOT token dropped 100.00% after the rugpull.
3. AEVO Token Rug-pull
On March 8, a BNB chain deployed token AEVO was confirmed to be a rug-pull.
The token is deployed at 0xbdd4e7ecd8e51ff0e1df0999f105acf4f2c193d3 on the BNB chain.
The AEVO tokens were dumped for US $350,000.
The price of the AEVO token dropped 60% after the rugpull.
CONCLUSION-
6 notable security incidents have occurred in the past week. Three were attacks on smart contracts and three 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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