• 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

Avalanche Network Achieves Major Technical Upgrade

chest

The Avalanche network has undergone significant improvements with the Etna upgrade, enhancing efficiency and reducing fees.

user avatarLuis Flores

Ethereum Classic Breaks Out of 8-Year Downtrend

chest

Ethereum Classic has officially broken out of an 8-year descending channel, signaling a potential price surge.

user avatarArif Mukhtar

Polkadot and Cardano Maintain Strong Staking Options

chest

Polkadot and Cardano continue to offer reliable staking models for investors.

user avatarMaria Gutierrez

Cardano Faces Criticism Over Ghost Chain Narrative

chest

Cardano's blockchain activity is failing to meet expectations, leading to criticism and the ghost chain narrative.

user avatarDavid Robinson

Baby Doge Coin: The Tiny Pup With Big Dreams

chest

Baby Doge Coin combines community rewards with playful crypto mechanics.

user avatarAndrew Smith

Bonk: The Viral Canine Token

chest

Bonk has gained popularity among fast-moving traders due to its community-driven momentum.

user avatarZainab Kamara

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.