BlockThreat - Week 7, 2022

OpenSea | IRA Financial | Build Finance | Titano | TopGoal | Futureswap

Hello friends,

A rough week with compromises of a crypto retirement fund and a host of DeFi projects with total losses exceeding $41M. Build Finance governance attack is particularly interesting as more projects begin decentralizing and delegating critical functions to external governance. OpenSea users got hit with a sophisticated approval farming attack while more malware variants got unleashed to steal crypto wallets.

On the more positive side, ETHDenver brought us plenty of blocksec related talks while Ledger hosted a fun series on wallet hardware attacks. Oh and be sure to check out a new OpenZeppelin project called Forta explorer aiming to help detect on-chain events such as hacks, phishing campaigns and others!

A special note to my Ukrainian readers going through an unimaginable tragedy. Sharing your pain, grieving for your losses, wishing you strength, and hoping for the peace and sanity to be restored soon.