• 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

Institutional Demand for Bitcoin ETFs Grows

chest

Institutional demand for Bitcoin ETFs is increasing, with approximately $789 million in inflows since March 2, 2023.

user avatarElias Mukuru

Recent Criminal Complaints Linked to Cryptocurrency in South Korea

chest

South Korea has seen a rise in criminal complaints involving cryptocurrency, including revenge attacks and an attempted murder case.

user avatarDiego Alvarez

Crypto Analyst Highlights Critical Bitcoin Price Levels for Investors

chest

Crypto analyst VirtualBacon highlights critical price levels for Bitcoin, suggesting investors monitor $65,000 and $58,000 marks.

user avatarKenji Takahashi

Gold Prices Expected to Rise Amid Market Uncertainty

chest

Experts predict that gold prices may soon reach between 7K and 8K due to current global circumstances.

user avatarRajesh Kumar

Coruna Hacking Toolkit Uncovered by Google

chest

Google's Threat Intelligence Group has uncovered a powerful iPhone hacking toolkit named Coruna, capable of infecting devices through malicious websites without any user interaction.

user avatarMaria Fernandez

Silver Prices Experience Major Volatility Amid US-Iran War

chest

The ongoing US-Iran war has led to significant fluctuations in silver prices, with experts predicting a potential recovery.

user avatarGustavo Mendoza

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.