The Hidden Threats of Web2 Vulnerabilities in Web3 Systems

Cover image illustrating Web2 vulnerabilities affecting Web3 systems with two avatars, a digital wall, a cyber spider, and a voxel character.

When it comes to web3 , we often focus on the security of the smart contracts and the blockchain layer. It has become an industry standard to get your smart contracts and code audited. While Web3 security often zeroes in on smart contracts and blockchain layers, there’s a dangerous blind spot the Web2 layer. APIs, […]

Zunami Hack Analysis

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

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.

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