• 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

Mutuum Finance Launches Native Stablecoin for Users

chest

Mutuum Finance is launching a native stablecoin pegged to the US dollar, allowing users to mint it by locking up crypto as collateral to earn interest.

user avatarRajesh Kumar

Mutuum Finance Introduces Overcollateralized Loans for Safety

chest

Mutuum Finance introduces overcollateralized loans to ensure safety for both borrowers and lenders.

user avatarLucas Weissmann

Aster Launches Sixth Airdrop Phase Distributing 64 Million Tokens

chest

Aster has launched its sixth airdrop phase, distributing a total of 64 million ASTER tokens over the next eight weeks.

user avatarEmily Carter

Aster Activates Strategic Reserve Buyback Fund for ASTER Tokens

chest

Aster has activated its Strategic Reserve Buyback Fund to systematically buy back ASTER tokens using daily trading fees.

user avatarTomas Novak

Institutional Outflows and Corporate Exposure Weigh on SOL

chest

Institutional outflows and corporate exposure to SOL have contributed to the selling pressure on the token.

user avatarLi Weicheng

CZ Emphasizes Crypto Education Amid Regulatory Changes

chest

Changpeng Zhao, cofounder of Binance, emphasizes the importance of crypto education in response to regulatory changes during his speech at the World Economic Forum in Davos.

user avatarMaya Lundqvist

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.