• 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

Energy Constraints: A Major Challenge for AI Development

chest

Energy availability is becoming a crucial factor limiting AI expansion.

user avatarDiego Alvarez

GeeFi Project Achieves Successful Presale Phase

chest

The GeeFi project has shown remarkable strength in its presale, selling out 10 million GEE tokens and raising $500,000 in just over a week.

user avatarElias Mukuru

Charles Schwab Plans Cryptocurrency Services Launch

chest

Charles Schwab is set to launch Bitcoin and Ethereum trading services by early 2026, aiming to compete in the growing cryptocurrency market.

user avatarGustavo Mendoza

Crypto Hiring Defies Economic Trends with Significant Growth

chest

New data reveals that crypto hiring is on the rise, with job openings increasing by 47% year-on-year, contrasting with the overall decline in private payrolls.

user avatarKenji Takahashi

US Private Payrolls Experience Significant Decline

chest

US private payrolls fell by 32,000 in November 2023, marking the largest drop in over two and a half years, with small businesses significantly impacted.

user avatarMaria Fernandez

VTB Bank to Launch Crypto Trading Services by 2026

chest

VTB Bank plans to introduce cryptocurrency trading through brokerage accounts by 2026, marking a significant institutional expansion in Russia's crypto market.

user avatarRajesh Kumar

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.