The post SlowMist Report: 10 Crypto Incidents Unveiled appeared on BitcoinEthereumNews.com.

The blockchain and cryptocurrency domain continues to battle against a variety of security threats, as elucidated in the SlowMist Weekly Security Report for the period October 1 – October 7, 2023. The report sheds light on ten distinct security incidents impacting entities across the spectrum, from individual token ventures to large-scale platforms, underlining the financial toll exerted by these attacks. Statistical Overview Total Security Incidents: 10 Noteworthy Trend: A surge in DNS Hijacking Attacks and Discord compromises. Severe Impact: Stars Arena bearing the brunt with a loss approximating $3,000,000. Incident Breakdown 1. Galxe (2023-10-06): A case of unauthorized access via DNS hijacking led to the misappropriation of visitors’ funds, affecting 1,120 users, with a financial fallout of around $270,000. 2. MCT (2023-10-06): DNS domain hijacking unfolded, enabling the potential upload of private keys to a fraudulent domain. Though the loss remains undisclosed, precautionary actions were advised. 3. Fake CommEx token (2023-10-06): An orchestrated liquidity withdrawal in a rug pull scenario saw the deployer walking away with approximately $154,000. 4. Friend.tech (2023-10-05): Four users were subjected to SIM card swap attacks, resulting in a collective loss nearing $385,000. 5. Stars Arena (2023-10-05): A glaring security breach within the platform’s smart contract framework led to a heist of about $3,000,000. 6. DePay (2023-10-05): The platform endured a flash loan attack, albeit with a relatively minor loss of $827. 7. Metropolis World (2023-10-05): The compromise of the platform’s Discord server was reported, though the loss hasn’t been quantified. 8. GEMIE (2023-10-02): A hack on the Discord server led to the distribution of phishing links. The users were cautioned against interaction, with the loss yet to be specified. 9. VendX (2023-10-02): Similar to Metropolis World and GEMIE, VendX’s Discord server fell prey to compromising activities. 10. Fake EigenLayer Token (2023-10-01): An exit scam on…

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Filed under: News - @ October 9, 2023 2:26 pm