Blockchain Threat Intelligence

Blockchain Threat Intelligence

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Blockchain Threat Intelligence
Blockchain Threat Intelligence
BlockThreat - Week 25, 2023

BlockThreat - Week 25, 2023

Euler | PlugwalkJoe | Astaria | Shido | Baby Doge | Z-Era

Peter Kacherginsky
Jun 30, 2023
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Blockchain Threat Intelligence
Blockchain Threat Intelligence
BlockThreat - Week 25, 2023
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Greetings!

It’s never a dull week in blockchain security. The Euler Finance hacker decided to now fully reveal himself including his full name, twitter and instagram accounts. Read more about the Frederico in the exclusive interview linked in the News section. Speaking of criminals, PlugwalkJoe has now been officially sentenced to 5 years in jail for his role in the mass SIM swapping spree.

This week also features a number of great reports including Mandiant’s M-Trends covering North Korea’s crypto-related operations, research articles with the latest smart contract auditor tips and tricks, and plenty of tools to boost your capabilities.

There were a few notable compromises totaling almost $650k in losses. Astaria white hat hack was particularly curious. While no funds were stolen, uninitialized proxy contracts can be deadly to your protocol’s survival. Other protocols like Baby Doge (again), Shido, and others suffered from the more traditional price oracle and reward manipulation classes of attacks.

To gain access to detailed write-ups, post-mortems, exploit proof of concepts (PoCs), attacker addresses, and additional data regarding this week’s compromises, please subscribe to the premium plan below.

Let’s dive into the news!

Events

  • DeFi Security Summit - July 15, 2023.

  • Blockchain Security Summit 2023 - October 5, 2023.

News

  • Euler Finance attacker revealed their full name, social media accounts.

  • Five US enforcement agencies form new digital currency anti-crime task force.

  • Israeli authorities seize crypto from terror organizations, credit new technology.

  • M-Trends Special Report 2023 by Mandiant including the latest analysis of crypto stealers, North Korean crypto-related operations, and other topics.

  • Typologies Report 2023 for Law Enforcement by Elliptic.

Crime

  • U.K. Cyber Thug “PlugwalkJoe” Gets 5 Years in Prison.

  • CFTC Charges California Resident and His Corporation with Fraud and Misappropriation in a Popular Romance Scam Involving Digital Asset Commodities and Forex.

  • U.S. DOJ charges four Russian-nationals for role in DeFi Ponzi Scheme Forsage.

  • Manhattan DA seizes fraudulent crypto recovery site CDN.

Scams

  • $1.25 million stolen in NFT Airdrop Phishing Scam linked to Inferno Drainer by Scam Sniffer.

  • A $60 million wallet theft. Beosin KYT Reveals the Hackers’ Money Laundering Tactics used by Atomic Wallet attackers.

  • Vires Finance on WAVES rug pull investigation by Wazz.

  • Slingshot Twitter account compromised and used to phish users with Pink Drainer by Scam Sniffer.

Malware

  • Fake ‘Trezor Wallet’ Bitcoin app reaches the top of iOS App Store search results.

Contests

  • Decently Safe Defi by toastedsteaksandwich.

Media

  • 2 Hours Web3 Smart Contract Security Interview with Dravee.

  • We Crack a Hardware Wallet LIVE!! (w/ Hardisk) by Unciphered.

Research

  • Lowest-paying findings on Code4rena and Sherlock by Volodya.

  • Do you still need a manual smart contract audit?

  • Auditors: what do you ask developers? by tincho.

  • Protecting the Decentralized Future: An Exploration of Common Blockchain Attacks and their Countermeasures.

  • The Role of Access Control in Solidity Smart Contracts by Paweł Kuryłowicz (Composable Security).

  • One more problem with ERC777 by Daniil Ogurtsov (MixBytes).

  • BRC20 protocol gotchas by bytes032.

  • Awesome Tezos Security by Sm4rty.

  • solc Internals Part 2: Data Locations by Tal.

  • Solidity Gas Optimizations 101 by 0xlchigo.

  • The Ultimate Guide to Supply Chain Security in the Web3 Industry by Slowmist.

  • BrutePrint: Expose Smartphone Fingerprint Authentication to Brute-force Attack.

Tools

  • Enso Transaction Simulator - Ethereum transaction simulator leveraging Foundry's codebase.

  • BrokenToken - a tool designed to automatically test smart contracts that interact with ERC20 tokens for unexpected behavior that may result in exploits.

  • mev-share-rs - ust utils for MEV-share.

  • Alloy - Fast, battle-tested and well-documented building blocks for Ethereum, in Rust.

  • Releasing Reth! by Georgios Konstantopoulos (Paradigm).

  • SmartBugs - A Framework for Analysing Ethereum Smart Contracts.

  • Titanoboa - A Vyper interpreter with pretty tracebacks, forking, debugging features and more!


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