BlockThreat - Week 25, 2021

Africrypt | StableMagnet | Impossible | Eleven | xWin | SafeDollar | Crackonosh

Jul 01, 2021

∙ Paid

This week 69K BTC were stolen in a massive exit scam by Africrypt exchange founders. Attackers starting to target projects hosted on Ethereum Layer 2 networks. More DeFi protocols on the Binance Smart Chain got exploited for a total loss of about $5M. Oh and be sure to read up on a new rug pull technique which exploits a weakness in Etherscan-based block explorers to hide malicious source code.

Let’s dive into the news, but first a special thank you to all of the Gitcoin Grant supporters as well as Trail of Bits who sponsored this week’s edition:

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