BlockThreat - Week 2, 2023
LendingHub | Midas Capital | BRA Token | North Korea | Harmony | Wormhole
Yet another Mailchimp compromise likely targeted crypto companies including Solana. We should learn more in the next few days as more disclosures surface. In the meantime, please be more vigilant with your mail box! On the DeFi side we have a few usual price oracle and reward manipulation bugs including a relatively novel read-only reentrancy exploit used to target Midas Capital.
The crypto spring also brought back Harmony and Wormhole attackers from hibernation which started moving stolen assets to exchanges and Ethereum network respectively. Luckily the community noticed and quickly alerted CeXs which were able to freeze some of the assets. Even more great news, tincho just published a new release of the Damn Vulnerable DeFi! So be sure to check it out while sharpening your skills with papers in the research section.
Let’s dive into the news, but first a note from our sponsors at Chainalysis! I’m pretty excited about the upcoming annual crypto crime report so be sure to checkout the preview link below:
Illicit Crypto Transaction Volume Reaches ATH of $20.1B
For the second year, illicit crypto transaction volume hit an all-time high of $20.1 billion in 2022. 44% of this activity was associated with sanctioned entities in a year when OFAC launched some of its most ambitious crypto sanctions yet. Check out more crypto crime stats from Chainalysis now >
OpenZeppelin is accepting nominations for the Top 10 Blockchain Hacking Techniques in 2022.
North Korea’s Lazarus group moved 41K ETH ($63.5M) from the Harmony bridge compromise to Binance, Huobi, and OKX using Railgun Project. Some of the exchanges collaborated to freeze $3M of the stolen assets; however, bad actors to still got away with a sizable profit.
Fake Token Trendy: The Next Millionaire is You by opang and X-explore.
Analysis for CirculateBUSD Project Rugpull, Loss of $2.27 Million! by Numen Cyber Labs.
On the Trail of the Squid Game Scammers by TRM Labs.
Report of a new NFT scam using fake transfer events by 0xCygaar.
DeFiHackLabs Academy - User Awareness Series.
On January 7, 2023 multiple arbitrage bots took advantage of bad price oracle data on Mycelium platform, which resulted in $300K losses to LPs.
On January 10, 2023 BRA token lost $225K due to a reward calculation bug.
On January 11, 2023 UF DAO lost $90k in a reward calculation vulnerability across eight EVM chains.
On January 12, 2023 LendingHub lost $6M due to a misconfiguration which left a deprecated token contract live, which allowed attackers to arbitrage them.
On January 15, 2023 Midas Capital lost $654K due to a relatively new kind of a read-only reentrancy vulnerability.
Multiple reports of a vulnerability in CoinMarketCap airdrop mechanism.
Google Chrome “SymStealer” Vulnerability by Imperva.
Malware Targeting Crypto Wallets Detected In Crypto Trading Forum by Safeguard Cyber.
Damn Vulnerable DeFi v3 Release by tincho.
Community Workshop with Riley Holterhus (Spearbit)
Sense Finance $50k Bug Bounty Walkthrough with 0xRudraPratap (Immunefi).
Disassembling EVM Bytecode (the Basics) by Dr. David J Pearce.
A Low-Level Guide To Solidity's Storage Management by DeGatchi.
Vulnerable Spots of Lending Protocols by Daniil Ogurtsov (MixBytes).
DeFiHackLabs Academy - Onchain Debugging Series.
Top 10 DeFi Exploits for training by bytes032.
Code smells that often lead to vulnerabilities by Owen (Guardian).
Vulnerability hunting heuristics by Daniel (Guardian).
BRA Token Attackers
Roe Finance Attackers
Midas Capital Attackers
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