The Ethereum contracts associated with the popular decentralized exchange, Dolomite, recently fell victim to a concerning approval attack, resulting in a significant loss estimated at around $1.9 million. The old contracts of @Dolomite_io on Ethereum suffered an approval attack, resulting in a loss of ~$1.9M. The hacker exploited the batchTransfer function of the TradeDelegate contract to transfer tokens approved to the contract from users. The batchTransfer function can only be… https://t.co/kXZsIXPtkI pic.twitter.com/SwnwwEvszA — Beosin Alert (@BeosinAlert) March 21, 2024 The attack targeted the batchTransfer function within the TradeDelegate contract, exploiting tokens approved to the contract from unsuspecting users. This function,
The post Security Breach At Dolomite: Users Urged To Take Precautionary Measures appeared first on The Merkle News.
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In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.
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Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.
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The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol.
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Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema […]
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According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker […]
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On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been […]
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Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated […]
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A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved.
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