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Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
Due to the exploit in Acala’s liquidity pool about $3 billion was lost. The aUSD stablecoin lost its peg. Later, almost all the funds were returned in a controversial way.
North Korean group of hackers, Lazarus, attacked deBridge. The human factor has become a vulnerability again.
Back in March, the Ronin network was breached, causing losses estimated above $600 million. At the time of the event, Sky Mavis only had 9 validator nodes; now, they have 18, including Google Cloud, to prevent another incident like this.
Alex HarutunianBack in March, the Ronin network was breached, causing losses estimated above $600 million. At the time of the event, Sky Mavis only had 9 validator nodes; now, they have 18, including Google Cloud, to prevent another incident like this.
Alex HarutunianDue to the exploit in Acala’s liquidity pool about $3 billion was lost. The aUSD stablecoin lost its peg. Later, almost all the funds were returned in a controversial way.
Alex HarutunianNorth Korean group of hackers, Lazarus, attacked deBridge. The human factor has become a vulnerability again.
Alex HarutunianMore than $150 million in various tokens has vanished due to an exploit in the cross-chain bridge Nomad.
Alex HarutunianThanks to the bug in the contract initialization code, the hacker succeeded in stealing 18 billion $AUDIO tokens, which at the time of the theft amounted to more than $6 million.
Alex HarutunianOn Friday, July 1st, blockchain networks Polygon and Fantom were subjected to a DNS attack. No information about the stolen funds has been released yet.
Alex HarutunianHarmony’s Horizon Bridge — the L1 blockchain’s main bridge between Ethereum, Binance Chain and Bitcoin — hacked for $100M.
Alex HarutunianBlock production on Solana Mainnet Beta has halted. This was proclaimed on Twitter by Solana Status.
Alex Harutunian