Dexible Hack Analysis
The Dexible hack affected a total of 17 user accounts, with the majority of losses coming from a single address belonging to BlockTower Capital, a prominent investment firm.
Platypus Finance Hack Analysis
On February 17, 2023, Platypus Finance was hacked, resulting in a loss of approximately $8.5 million worth of assets. In this hack analysis, we will delve into the details of the attack, the vulnerability that was exploited, and the impact it had on the platform and its users.
Jimbo’s Protocol Hack Analysis
Jimbo’s Protocol is a decentralized finance (DeFi) system built on the Arbitrum chain. The protocol uses a semi-stable floor price for its ERC-20 token, $JIMBO, backed by a treasury of Ether (ETH). However, despite its pioneering efforts to maintain on-chain liquidity and price floors, Jimbo’s Protocol recently faced a Flash loan attack.
Orion Protocol Hack Analysis
The attackers exploited a reentrancy vulnerability in the Orion Protocol’s core contract, ExchangeWithOrionPool, by constructing a fake token (ATK) with self-destruct capability that led to the transfer() function.
Zunami Hack Analysis
Zunami is a decentralized protocol operating in the Web3 space, specializing in issuing aggregated stablecoins like UZD and zETH. These stablecoins are generated from omnipools that employ various profit-generating strategies. Recently, the protocol was exploited, resulting in a loss of $2.1M.
BonqDAO Hack Analysis
The BonqDAO security breach that occurred on February 2, 2023, had far-reaching consequences for the platform, its users, and the wider DeFi ecosystem. The attack exploited a vulnerability in the integration of the Tellor Oracle system, which BonqDAO relied on for obtaining token price information.
Web 3 Trick or Treat? A practical guide to prevent Phishing Scams and Hacks
It was through a simple PDF and a fake job offer that the biggest heist in crypto history took place in 2022 when Ronin Bridge lost an astounding $624 million. The year 2023 saw a 65.3% increase in Web3 security incidents compared to 2022, with 110 new incidents recorded. In the burgeoning world of decentralized […]
