• 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

XRP Binance Scarcity Index Indicates Supply Dynamics Shift

chest

Recent analysis shows notable changes in XRP liquidity on Binance, suggesting a moderate level of supply scarcity.

user avatarSatoshi Nakamura

XRP Reclaims 140 Level Amid Renewed Bullish Sentiment

chest

XRP has regained the 140 level as the cryptocurrency market shows signs of bullish behavior after a period of volatility.

user avatarJesper Sørensen

Bitcoin Mining Hashrate Sees Significant Drop as Miners Exit

chest

The Bitcoin mining hashrate has dropped significantly since early March, indicating miners are leaving the network.

user avatarRajesh Kumar

Signs of Potential Altcoin Season Emerging

chest

Signs of potential altcoin season emerging as conditions change positively in the crypto market.

user avatarLucas Weissmann

Ethereum Derivatives Market Shows Structural Shifts

chest

A recent report highlights significant changes in Ethereum's derivatives market, with a notable decline in open interest on Binance.

user avatarFilippo Romano

Nvidia Unveils New Self-Driving AI Model Alpamayo 15

chest

Nvidia announced the release of its latest self-driving AI model, Alpamayo 15, which enhances autonomous driving capabilities.

user avatarTomas Novak

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.