Security in WEB3 - Issue 10: 08-August-2022
Weekly roundup on News, Security, Developer, Research and resources in WEB3
GM Everyone!
Welcome to my tenth issue on Security in WEB3.
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**The total amount of loss shown are approximations and cannot guarantee that those are actual numbers/losses incurred to people/protocol or profit made by the exploiter.**
Hacks🤫
Explaining Nomad bridge hack - a @samczsun thread ~$190M some returned back to Nomad by whitehat hackers
Solana Hack — 8,000 Wallet Hacked, ~$5M Comments by OtterSec, Solana, Slope, Phantom.
GenomesDao ~$43K
ANCHStakePool, price manipulation attack ~$106k
EtnProduct suffered a flash loan attack and the attacker profited about $3,074 and an NFT worth $7,380
ZBExchange’s hot wallet address was hacked due to a suspected private key compromise ~$3.68M
Widespread malware attack on Github - @stephenlacy. More Info on this.
Reaper Farm 👻 ~$1.7M
EGD_Finance ~$36K
Scams😩
US SEC charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300M
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
RugPulls😨
The Freedom Protocol ~$6M
Saxon James Musk ~$421K
TiFiToken - a soft rug
News 📰
Meta is expanding NFT support on Instagram to 100 countries
Crypto platform Zipmex which halted withdrawals in July now allows users to withdraw ETH, BTC, and others starting this Thursday
S.Korea’s Bithumb links system with Samsung Securities, mobile apps
Voyager approved to return of $270 million in cash deposits to customers
2 California Men Sentenced to Prison for $1.9M Crypto Grift
Alleged Bitcoin Launderer Extradited to the US After 5 Years in Jail
Crypto users spent $2.7 bn minting NFTs in the first half of 2022: Report
BlackRock to Offer Crypto for Institutional Investors Through Coinbase Prime
Ex-Coinbase Employee Accused of Insider Trading Pleads Not Guilty
Regulatoins®️
Crypto Mixing Service Tornado Cash Blacklisted by US Treasury
U.S. Lawmakers Look to Digital Dollar to Compete With China
EU regulator ESMA wants to collect crypto off-chain data
Singaporean financial watchdog to consult public on stablecoin regulation
Crypto Investors Actively Sign Petition to Remove Gary Gensler as Chairman of SEC
Crypto exchange Luno wins registration battle with French authorities
Bipartisan Stablecoin Regulation Has a Slim Chance of Passing This Year
IRS Updates Crypto Question for 2022 Tax Return to Include Gifts
Uncertainties🙆♂️
Robinhood Lays Off 23% of Staff a Day Before Earnings Report
Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions
Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer
CZ: Binance 'Never Completed' Acquisition of Troubled Crypto Exchange WazirX responding to India freezing assets of Binance-linked WazirX
Coinbase Hit With Another Class Action Lawsuit Following SEC Allegations
Crypto exchange ZB.com loses $4.8 million after halting client withdrawals
Coinbase Asks US Supreme Court to Halt Lawsuits Connected to Scams and Dogecoin
‘Crypto’ exchanges colluded to damage prospects of BSV and caused financial loss to thousands
Discord Compromises💩
06-August-2022:
05-August-2022:
04-August-2022 :
03-August-2022:
02-August-2022:
01-August-2022:
Developer resources💻
Seahorse - a framework for developing Solana programs in Python
Read📖 & Watch 👀
Weekly Spotlight :
“@RyanWegner15“ - Lead Security Engineer @0xPolygon | Blockchain Investigator | Threat Hunter | Polygoon