• 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

Weslad's Technical Analysis Now Available on TradingView

chest

An article based on technical analysis by Weslad is now accessible on TradingView.

user avatarDiego Alvarez

Axelar Bridge Connection Suspended After $467 Million Exploit

chest

The Axelar bridge connection to Secret Network has been suspended following a significant exploit involving an infinitemint vulnerability.

user avatarKenji Takahashi

Company Boosts USD Reserve and Expands Bitcoin Holdings

chest

The company has announced a significant increase in its USD Reserve by 300 million and acquired additional Bitcoin.

user avatarMaria Fernandez

Japanese Pension Fund to Allocate 1% to Cryptocurrency

chest

A Japanese corporate pension fund plans to allocate approximately 1% of its assets to cryptocurrency in fiscal 2026, marking a significant step in institutional crypto adoption.

user avatarGustavo Mendoza

ChampofGold's Technical Analysis Now on TradingView

chest

ChampofGold has made its technical analysis available on the TradingView platform, providing traders with valuable insights into market trends.

user avatarRajesh Kumar

Changpeng Zhao Sparks Debate on Bitcoin Security and Quantum Threats

chest

Binance founder Changpeng Zhao ignites a debate on Bitcoin security amid quantum computing threats, discussing risks to unmoved legacy coins and proposing a migration to quantum-resistant addresses.

user avatarMiguel Rodriguez

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.