Exploiter
44 penayangan
2 Postingan
Hot
Latest
The United Nations (UN) highlighted that North Korea funds 50% of its foreign exchange through cyberattacks, through an investigation into an attack on a crypto company that caused losses of $3 billion.
#cyberattack #northkorea #Exploiter
#cyberattack #northkorea #Exploiter
Dolomite Hacked: $1.8 Million Lost in Old Smart Contract Exploit
The Dolomite crypto exchange recently fell victim to a breach, resulting in a staggering loss of $1.8 million, including 541 ETH. This breach, once thought impossible, has sent shockwaves through the community, highlighting the vulnerability of even the most secure systems.
Peckshield Alerts, a blockchain security firm, exposed the breach, revealing how a previously secure contract at Dolomite was manipulated to facilitate an unauthorized transfer of approximately $1.8 million USDC. The attacker swiftly exchanged the stolen funds for 541.5 ETH and 94,000 DAI tokens, leaving Dolomite and its users reeling.
Curious to know more? Dive right in.
Exposing Vulnerabilities
At the heart of the breach was a flaw in the “callFunction” feature, allowing calls to any code. The absence of a crucial “reentrancy guard” in its “call” function allowed the attacker to drain funds from unsuspecting users, exploiting a vulnerability outlined in a CertiK report.
In response to the breach, Dolomite’s development team took swift action, notifying affected users to revoke access linked to the Ethereum Dolomite address. Additionally, they promptly disabled the compromised contract on Arbitrum, mitigating further risks and limiting the extent of the damage.
Despite the rapid response, users are reminded to revoke any associated access as an added security measure, safeguarding against potential threats and ensuring the protection of their assets.
The breach comes amidst Dolomite’s transition from Ethereum to Arbitrum in 2022, a move aimed at leveraging the advanced capabilities of smart contracts. This transition has allowed Dolomite to effectively manage the Ethereum version, despite the immutable nature of smart contracts.
An Urgent Call to Action
In light of the breach, users are urged to take proactive steps to safeguard their assets. This includes revoking approvals from compromised contracts and remaining vigilant in their crypto endeavors to prevent similar incidents in the future.
The breach at Dolomite serves as a stark reminder of the persistent threats faced by crypto exchanges and their users. However, it also underscores the importance of swift action and proactive security measures in mitigating risks and protecting against potential breaches.
As the crypto landscape continues to evolve, so too must our approach to security and safety. Don’t you agree?
#Write2Earn #Exploiter #HackerAlert $ETH $CTK
Peckshield Alerts, a blockchain security firm, exposed the breach, revealing how a previously secure contract at Dolomite was manipulated to facilitate an unauthorized transfer of approximately $1.8 million USDC. The attacker swiftly exchanged the stolen funds for 541.5 ETH and 94,000 DAI tokens, leaving Dolomite and its users reeling.
Curious to know more? Dive right in.
Exposing Vulnerabilities
At the heart of the breach was a flaw in the “callFunction” feature, allowing calls to any code. The absence of a crucial “reentrancy guard” in its “call” function allowed the attacker to drain funds from unsuspecting users, exploiting a vulnerability outlined in a CertiK report.
In response to the breach, Dolomite’s development team took swift action, notifying affected users to revoke access linked to the Ethereum Dolomite address. Additionally, they promptly disabled the compromised contract on Arbitrum, mitigating further risks and limiting the extent of the damage.
Despite the rapid response, users are reminded to revoke any associated access as an added security measure, safeguarding against potential threats and ensuring the protection of their assets.
The breach comes amidst Dolomite’s transition from Ethereum to Arbitrum in 2022, a move aimed at leveraging the advanced capabilities of smart contracts. This transition has allowed Dolomite to effectively manage the Ethereum version, despite the immutable nature of smart contracts.
An Urgent Call to Action
In light of the breach, users are urged to take proactive steps to safeguard their assets. This includes revoking approvals from compromised contracts and remaining vigilant in their crypto endeavors to prevent similar incidents in the future.
The breach at Dolomite serves as a stark reminder of the persistent threats faced by crypto exchanges and their users. However, it also underscores the importance of swift action and proactive security measures in mitigating risks and protecting against potential breaches.
As the crypto landscape continues to evolve, so too must our approach to security and safety. Don’t you agree?
#Write2Earn #Exploiter #HackerAlert $ETH $CTK
