BlockThreat - Week 27, 2021
ChainSwap | AnySwap | DeFi Plaza | BSV | Hamas | Kaseya
Cross-Chain protocols are definitely the next big target in the DeFi world. This week two such protocols were exploited resulting in the loss of $13M. In other news, BSV suffered multiple 51% attacks and someone tried tried to extort 0.5BTC from Bitcoin.org. Hundreds of businesses were infected with REvil malware in a supply-chain attack against IT solutions provider, Kaseya. Never a dull week!
Let’s dive into the news, but first a special thank you to Trail of Bits which sponsored this week’s edition:
Israel’s Defense Ministry seized Bitcoin, Ethereum, Tether, and other cryptocurrencies used by Hamas terror group.
New Zealand police lost $32K worth of BTC during an undercover money-laundering operation.
Bitcoin.org targeted with a 0.5 BTC ransom to stop a DDoS attack.
On July 2, 2021 ChainSwap, a cross-chain bridge, was exploited which resulted in the loss of $800K. The attacker has since returned 2.2M RAI after ChainSwap tracked stolen funds to Huobi and OKEx exchanges.
VeriBlock disclosed a vulnerability in Ethereum Classic’s MESS protocol which can result in network fracturing.
Lookout Threat Lab report on two mobile crypto mining scam campaigns.
TokenHook: Secure ERC-20 smart contract by Reza Rahimian, Jeremy Clark.
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Stay informed and see you in the next week’s edition!
- Peter Kacherginsky (iphelix)