May 5 ðOn May 5, 2024, the decentralized computing platform @GnusAi was hacked for ~$1.27m when an attacker minted a fake GNUS token on the Fantom chain and sold it …
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Crypto Hacks & ExploitsWeb3 Security
Prisma Finance Exploit—March 28, 2024—Detailed Analysis
by ImmuneBytesby ImmuneBytesOverview On March 28th, 2024, multiple addresses exploited Prisma Finance, resulting in a loss of around $12.3 million. Three assailants leveraged a flaw in the Prisma Finance MigrateTroveZap contract, allowing …
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BlockchainNews
What is Ethereum’s Pectra Update for 2024? How EIP-3074 is Going to Influence the Blockchain Ecosystem?
by ImmuneBytesby ImmuneBytesFollowing the success of the Dencun upgrade, Ethereum developers are now preparing for their next significant milestone: the Pectra upgrade This forthcoming improvement aims to introduce several minor yet impactful …
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Crypto Hacks & ExploitsWeb3 Security
Hedgey Finance Exploit—April 19, 2024—Detailed Analysis
by ImmuneBytesby ImmuneBytesOverview On April 19, 2024, Hedgey Finance suffered an exploit that resulted in the loss of approximately $2 million on Ethereum and a significant amount of BONUS tokens on Arbitrum. …
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Smart Contract AuditWeb3 Security
Fuzzing: Enhancing Blockchain Security Through Automated Testing and Analysis
by ImmuneBytesby ImmuneBytesIn the realm of blockchain technology, Layer 1 (L1) protocols serve as the foundational layer, dictating consensus mechanisms, transaction formats, and data structures. Yet, testing L1 protocols presents a formidable …
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Crypto Hacks DirectoryWeb3 Security
List of Crypto Hacks in the Month of April
by ImmuneBytesby ImmuneBytesApril 1 ðOn April 1, 2024, the permissionless defi protocol @OpenLeverage has been exploited for ~$236K. The attacker was funded by Tornado Cash. Popular Decentralized Coin Mixers Used by Hackers …
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Introduction In today’s fast-evolving decentralized finance (DeFi) and Web3 landscape, security remains paramount. However, the increasing sophistication of cyber threats has led to substantial losses, with over $990 million lost …
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BlockchainWeb3 Security
How Secure are Blockchains in the Age of Quantum Computing?
by ImmuneBytesby ImmuneBytesIn the rapidly evolving landscape of technology, the emergence of quantum computing stands out as a revolutionary advancement with the potential to disrupt various sectors, including blockchain technology. Blockchain technology, …
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Smart Contract AuditWeb3 Security
Signature Malleability Attacks in Blockchain
by ImmuneBytesby ImmuneBytesIn blockchain technology, security remains paramount, especially considering cryptocurrency transactions rely heavily on digital signatures for their integrity. However, this reliance on digital signatures also introduces vulnerabilities, one of which …
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Web3 Security
Exploring the Perils of Centralized Systems in the Cryptocurrency Landscape
by ImmuneBytesby ImmuneBytesThe crypto industry, known for its promise of decentralization and autonomy, faces an endless challenge: the centralization risks. While the ethos of decentralization penetrates the crypto landscape, recent events have …