Security Lab
Chainflip says a Tron memo triggered $736,442 in duplicate refunds
Chainflip says a Tron memo triggered duplicate refunds totaling 736,442.17 USDT across six payouts. Public docs put the memo in…
Block Magnates
Security Lab
In Block Magnates Security Lab we dive into the latest crypto hacks and cybersecurity news from around the web.
Bitcoin
Someone turned fake L-BTC into ~4,000 real bitcoin with a cache key that had no length tags
On September 6, Liquid peg-outs redeemed thousands of L-BTC for bitcoin. Specialists say those L-BTC should never have existed. We…
Bitcoin
Symbiosis offered a bounty. Blockstream refused a ransom. Who pays for recovery?
Symbiosis offered a timed white-hat bounty, as reported. Blockstream refused a demand for payment from its own funds. Users still…
Bitcoin
Someone printed $46,000,000,000 of fake BTC and walked away with $336k
Blockaid’s ~$46.1B face mint and a ~$336k Uniswap cash-out are different numbers. Liquidity, not the raw mint, capped what left…
Security Lab
Liquid’s Bitcoin Recovery Has Three Tests
The code repair tackles a verification shortcut. Restored transactions and the return of BTC redemptions need their own evidence.
Security Lab
Rikkei Finance Hack: Explained
Metaverse Defi protocol “Rikkei” was targeted by hackers resulting in a loss of $1 million due to a lack of…
Security Lab
Oracle Manipulation attack on Fortress
Fortress Protocol is the lending arm of JetFuel Finance on the BSC chain. Fortress is a synthetic stable coin system…
Security Lab
Zeed Protocol Exploit: Explained
Hacker exploits DeFi Protocol “Zeed” and leaves contract worth $1 Million to self destruct
Security Lab
Simplifying the Metamask-iCloud Backups Phishing Attack
MetaMask, a popular crypto wallet app, is being targeted due to a design flaw on iOS. A phishing scam that…
DeFi
Understanding The Ronin attack: Biggest hack in the DeFi to date
Major hacks and security breaches are becoming frequent in the DeFi industry. For example, in what was dubbed the greatest…