• 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

SKR Token Gains Market Liquidity and Trading Volume

chest

The SKR token has successfully captured substantial market liquidity, increasing its Total Value Locked (TVL) to 152 million.

user avatarElias Mukuru

Pepeto Emerges as Top Crypto Investment Amid Market Uncertainty

chest

Pepeto is gaining attention as a leading crypto investment opportunity, having raised over 8 million with a verified exchange already operational.

user avatarKenji Takahashi

Crypto Spot Market Declines as OTC Trading Surges

chest

The crypto spot market is experiencing a significant downturn, with trading volumes across centralized exchanges falling sharply.

user avatarDiego Alvarez

Kevin Warsh's Nomination as Fed Chair Faces Senate Blockade

chest

Kevin Warsh's nomination as Federal Reserve chair is stalled due to a Senate blockade led by Chuck Schumer, raising concerns about Fed integrity and injecting policy uncertainty into the markets, particularly affecting the cryptocurrency sector.

user avatarMaria Fernandez

Options Traders Anticipate Bitcoin to Stay Below $66,000

chest

Options traders in the Bitcoin market are pricing in a significant chance that Bitcoin will remain under $66,000 through late April, reflecting a shift in market sentiment.

user avatarGustavo Mendoza

US NonFarm Payrolls Report Expected to Influence Crypto Markets

chest

The upcoming US NonFarm Payrolls report is anticipated to be a significant catalyst for crypto price movements.

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.