• 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

Nansen CEO Warns Ethereum Could Become Obsolete by 2030

chest

Nansen CEO Alex Svanevik warns that Ethereum could become obsolete by 2030 due to community complacency and competition from newer blockchains.

user avatarTando Nkube

SAPIEN Token Powers the Decentralized Knowledge Network

chest

The SAPIEN token plays a crucial role in the Sapien Protocol by facilitating staking, rewards, and governance.

user avatarKofi Adjeman

How the Sapien Protocol Ensures Data Quality

chest

The Sapien Protocol employs a unique model that includes token staking, peer assessment, and reputation ranking to ensure the accuracy and quality of data contributions.

user avatarNguyen Van Long

BlockDAG Launches Presale with Innovative Hybrid Layer1 Architecture

chest

BlockDAG, a Layer1 network currently in presale, combines a DAG-based ledger with Ethereum Virtual Machine compatibility to enhance scalability.

user avatarNguyen Van Long

Sapien Protocol Revolutionizes AI Data Sourcing

chest

Sapien has launched a groundbreaking decentralized knowledge graph protocol designed to transform how AI systems source and verify training data.

user avatarSatoshi Nakamura

Binance Introduces Binance Junior to Promote Financial Literacy Among Children

chest

Binance has launched Binance Junior, a family finance tool aimed at children aged 6-17, to promote financial literacy and crypto savings.

user avatarJesper Sørensen

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.