Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps.
Category: Blockchain Security
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Telegram trading bots are hot, but don’t trust them for custody — Security firms
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph.
Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets
“My Bitcoin was taken. How?” A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out.
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ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges
While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate.
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Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet
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BonqDAO protocol suffers $120M loss after oracle hack
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
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Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.
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No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm
The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys.
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$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK.
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$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings.
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