SushiSwap denies reports of billion dollar bug
Claims by a self professed white-hat hacker about a major security risk to SushiSwap liquidity providers have been rejected by one of the exchange’s devs. Go to Source Powered by WPeMatico
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Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians
On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that … Read more
White hat potentially saves SushiSwap $350M by finding ‘obvious’ exploit
The security researcher found a flaw in a dutch auction smart contract that could have resulted in the loss of 109,000 ETH. Go to Source Powered by WPeMatico
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, … Read more
Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’
A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit smart contracts. Researchers from the University of Queensland, Beijing University of … Read more
Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds Go to Source Powered by WPeMatico
Latest Hack Sparks Concern Whatsapp Will Never Be Secure
Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s … Read more
Ledger Reveals Physical Exploits Against Trezor Hardware Wallets
The battle of the hardware wallets is heating up. At this weekend’s MIT Bitcoin Expo in Boston, Charles Guillmet, Chief Security Officer of Ledger, presented a number of physical attacks that could be executed against Trezor hardware wallets. He also outlined an attack on their rival’s device that Ledger has refrained from making public because … Read more
Zcash Bug Demonstrates the Difficulty of Auditing Complex Cryptocurrencies
A recent counterfeiting bug in Zcash demonstrates that the added functionality of so-called second generation blockchains comes at a price. The vulnerability, which existed for years before being patched in October, could have been exploited to generate additional coins. As every major cryptocurrency since Bitcoin has demonstrated, added complexity corresponds with lower security. Also read: Australian … Read more
The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency
In Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users … Read more
