BlockThreat - Week 33, 2021

Liquid | T-Mobile | SushiSwap | Pinecone | Solend | Sentinel

Exchange hot wallet compromises have been getting more and more rare in recent years as security practices continued to mature. Unfortunately, Liquid Exchange broke this pattern in a massive $94M hack perpetrated by well prepared attackers. SushiSwap narrowly avoided a $350M hack thanks to a timely report by samczsun. Solana experienced a (possibly first) DeFi hack. Last but not least, expect to see an increase in exchange account takeovers after a massive T-Mobile hack.

Let’s dive into the news, but first a special thank you to Oak Security which sponsored this week’s edition:

Oak Security focuses on third-generation blockchains and blockchain interoperability. Oak’s client base has a combined market cap of over $10 billion. The company specializes in Terra, Cosmos, Polkadot, and Flow security, and is the leading provider of CosmWasm security audits. Oak security is growing and hiring new auditors.






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- Peter Kacherginsky (iphelix)