• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
A new attack scheme discovered in the crypto sphere

A new attack scheme discovered in the crypto sphere

user avatar

by Max Nevskyi

2 years ago


Hackers have developed a new attack scheme using the malicious program Angel Drainer to steal rewards for Ethereum (ETH) restaking. This discovery was made by the Web3 security platform Blockaid. Angel Drainer, one of the most popular malicious programs last year, was used to steal $20 million over the past 12 months.

The new scheme involves a special permission method that allows hackers to deceive the system and withdraw restaking rewards from the EigenLayer protocol. EigenLayer is an Ethereum-based protocol offering tools for ETH restaking at the consensus level. Hackers also use the "CREATE2" mechanism, allowing them to approve fund withdrawals to an empty address, making identification difficult.

Blockaid specialists are already working on a fix that will protect users' wallets from new hacker schemes. They have also warned the EigenLayer protocol team about the fraudsters' actions.

Last year, analysts at SlowMist discovered a new type of phishing attack developed by Chinese hackers using a fake Skype application to steal cryptocurrency. Another scheme targeted users of the social platform Friend.tech, where a cybercriminal, posing as a well-known journalist, sent phishing links to steal digital assets.

Blockchain platform TRM Labs experts noted that losses from hacker breaches of crypto projects in 2023 were reduced by 50%, amounting to $1.7 billion.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Gold Prices Decline but HSBC Predicts Year-End Rally

chest

Gold prices fell close to 1 on Tuesday, trading in the 4,100 zone, with HSBC predicting a potential year-end rally driven by central bank purchases and demand for portfolio diversification.

user avatarZainab Kamara

Payward Europe Obtains EMI License in Lithuania, Strengthening Kraken's European Operations

chest

Payward Europe has obtained an electronic money institution license in Lithuania, enhancing Kraken's regulatory framework for euro-denominated fiat and crypto services in Europe.

user avatarSon Min-ho

BNB Chain Introduces Gas-Free Transfers for Stablecoins

chest

BNB Chain collaborates with stablecoin issuers to implement gas-free transfers, aiming to simplify crypto payments for everyday users.

user avatarAyman Ben Youssef

Ripple Set to Launch Beta Tests for RLUSD Stablecoin

chest

Ripple is set to begin beta tests for its dollar-backed stablecoin RLUSD, aimed at enhancing its enterprise payments strategy on both the XRP Ledger and Ethereum.

user avatarTando Nkube

Bitcoin Navigates Supply Pressures Amid Positive Market Sentiment

chest

Bitcoin is navigating supply pressures from government wallet transfers and Mt Gox repayments, even as macro relief from softer jobs data supports the market.

user avatarKofi Adjeman

German Government Wallets Transfer Bitcoin to Exchanges

chest

German government-linked wallets have sent Bitcoin to Kraken and Coinbase, raising concerns about state-level selling pressure on BTC.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.