BlockThreat - Week 46, 2020

Value DeFi | Akropolis | Ethereum | Monero

Nov 17, 2020

∙ Paid

Not too much calm on the Ethereum network this week. No only did we experience two DeFi project hacks resulting in multi-million losses, the network itself ran into a chain split after someone was playing with a silently patched vulnerability in older Geth clients. Monero reported an attempted Sybil attack, KuCoin got more tokens to fork themselves to return stolen funds, bugs are slowly getting squashed in ETH 2.0 clients, and more news in this week’s edition of Blockchain Threat Intelligence.

Hacks

On November 14, 2020 Value DeFi developers reported that their smart contract was exploited which resulted in a loss of about 7.4M DAI. Interestingly the attack came shortly after Value DeFi tweeted about project’s invulnerability to Flash-loan attacks. Following the hack, the attacker returned 2M DAI with a taunting note questioning the earlier tweet. The attacker returned 95K more DAI after hearing on-chain user pleas.
On November 12, 2020 Akropolis DeFi project was exploited resulting in …

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