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Salus
@Salus
Salus Security is a blockchain security company with services including automated detection, expert audit, web3 pentest, and customised security solutions.
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đ We're glad to announce the successful audit completion of LogX Network Contracts for our frens @LogX_trade! đ
LogX is the ultimate DeFI superapp, offering seamless trading experience of perpetual markets, Leveraged prediction markets, and more. LogX is powered by Arbitrum, Hyperlane, and AltLayer. LogX Network aggregates liquidity from top CEXs like Binance, Coinbase, and OKX, delivering limitless liquidity to DeFi consumers.
Looking forward to continue securing their innovative platform! LFGđ€
LogX is the ultimate DeFI superapp, offering seamless trading experience of perpetual markets, Leveraged prediction markets, and more. LogX is powered by Arbitrum, Hyperlane, and AltLayer. LogX Network aggregates liquidity from top CEXs like Binance, Coinbase, and OKX, delivering limitless liquidity to DeFi consumers.
Looking forward to continue securing their innovative platform! LFGđ€
đïžWeekly Update (July 15 - 21)
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. Users of @lifiprotocol lost approximately $10M due to an exploit targeting infinite approvals. The protocol faced an identical hack back in 2022 losing $600K.
2. The cross-chain DeFi lending protocol @Minterest suffered a $1.4M loss in a flash loan attack.
3. trip[dot]com faced severe backlash after abruptly shutting down its NFT project @TrekkiNFT, which had promised staking and "travel to earn" features.
4. @WazirXIndia exchange hacked for $235M, pausing withdrawals after a multisig wallet was compromised. The attacker sold off tokens, causing significant drop in multiple token prices.
5. @RhoMarketsHQ faced a $7.6M oracle breach. The team has secured and reassigned the funds.
6. ETHTrustFund on the Base chain was rug pulled, leading to a whopping $2.1M loss for investors.
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. Users of @lifiprotocol lost approximately $10M due to an exploit targeting infinite approvals. The protocol faced an identical hack back in 2022 losing $600K.
2. The cross-chain DeFi lending protocol @Minterest suffered a $1.4M loss in a flash loan attack.
3. trip[dot]com faced severe backlash after abruptly shutting down its NFT project @TrekkiNFT, which had promised staking and "travel to earn" features.
4. @WazirXIndia exchange hacked for $235M, pausing withdrawals after a multisig wallet was compromised. The attacker sold off tokens, causing significant drop in multiple token prices.
5. @RhoMarketsHQ faced a $7.6M oracle breach. The team has secured and reassigned the funds.
6. ETHTrustFund on the Base chain was rug pulled, leading to a whopping $2.1M loss for investors.
Salus is delighted to announce @BNBCHAIN's Chain Q2 2024 Security Report!
The report highlights a significant decrease in hacks and financial losses this quarter. We're excited to share these positive developments. đ
đ Full report here: https://salusec.io/blog/28_bnb-chain-q2-2024-security-report
The report highlights a significant decrease in hacks and financial losses this quarter. We're excited to share these positive developments. đ
đ Full report here: https://salusec.io/blog/28_bnb-chain-q2-2024-security-report
đïž Weekly Update (July 1 - 7)
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. Authy, a popular 2FA service, hackedâ33 million users' phone numbers compromised. @Twilio confirmed the vulnerability.
2. @bittensorcom hit by on-chain attack due to malicious PyPi package. Users' cold key details were compromised. Update to the latest version for security.
3. The X account of American actress Sydney Sweeney was hacked, posting promotions for a Solana-based token $SWEENEY.
4. @Polkadot confirmed that @InterlayHQ account was compromised promoting scam links. Users should take caution and avoid clicking suspicious links!
5. Evolve Bank & Trust reported a data breach of 33TB, affecting ~155k accounts, including Bitfinex and Nomad. The breach was due to a malicious link.
6. @MintRisesPrices on BNB Chain was hit by a reentrancy attack, losing around $59K.
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. Authy, a popular 2FA service, hackedâ33 million users' phone numbers compromised. @Twilio confirmed the vulnerability.
2. @bittensorcom hit by on-chain attack due to malicious PyPi package. Users' cold key details were compromised. Update to the latest version for security.
3. The X account of American actress Sydney Sweeney was hacked, posting promotions for a Solana-based token $SWEENEY.
4. @Polkadot confirmed that @InterlayHQ account was compromised promoting scam links. Users should take caution and avoid clicking suspicious links!
5. Evolve Bank & Trust reported a data breach of 33TB, affecting ~155k accounts, including Bitfinex and Nomad. The breach was due to a malicious link.
6. @MintRisesPrices on BNB Chain was hit by a reentrancy attack, losing around $59K.
We're proud to announce that Salus was one of the recipients to receive the prestigious collaborative ZK grant from @ethereum, @Aztecnetwork, @0xPolygon, @Scroll_ZKP, @Taikoxyz and @zkSync.
https://t.co/RiC7F9LaRt
Our research was focused on analysing Zero-Knowledge Proof Vulnerabilities and Security Auditing.
Let's dive into it —ïž
https://t.co/RiC7F9LaRt
Our research was focused on analysing Zero-Knowledge Proof Vulnerabilities and Security Auditing.
Let's dive into it —ïž
Commitment to Client Security and Ethical Standards
In light of recent events within the Web3 security industry, Salus wishes to reaffirm our dedication to the highest standards of client security and ethical conduct.
Recently, Salus collaborated with the Ethereum Foundationâs PSE team in researching ZK security auditing standards for the industry, driving secure innovation. Find the co-published research here:
https://t.co/S8zrtuDQ5p
Our commitment to integrity, transparency, and professional excellence remains at the core of our operations. We will continue to uphold these values as we work to protect our clients and support the ongoing growth of secure blockchain technologies.
In light of recent events within the Web3 security industry, Salus wishes to reaffirm our dedication to the highest standards of client security and ethical conduct.
Recently, Salus collaborated with the Ethereum Foundationâs PSE team in researching ZK security auditing standards for the industry, driving secure innovation. Find the co-published research here:
https://t.co/S8zrtuDQ5p
Our commitment to integrity, transparency, and professional excellence remains at the core of our operations. We will continue to uphold these values as we work to protect our clients and support the ongoing growth of secure blockchain technologies.
đïžWeekly Update (June 10 - 16)
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. MEV bot @JokInTheBoxETH was exploited and lost around $34K due to a flawed unstake function.
2. @UwU_Lend was attacked twice losing approximately $23.03M. For the first attack, the hacker used price manipulation to exploit the sUSDE token price. For the second attack, they used USDE funds from the first attack to drain other UwU lending pools.
3. Omnichain NFT protocol @holographxyz was exploited, losing ~$14.4M. The Holograph Operator contract was exploited using infinite mint vulnerability, enabling the hacker to mint 1 billion additional HLGA tokens.
4. Phishing alert: Scammers impersonated Andreessen Horowitz's Peter Lauten, using the handle @peter_lauten to drain crypto wallets via a fake video call app.
What happened last week?
Dive into last week's developments with Salus Intelligence. Discover key highlights in web3 security and technology. —ïž
1. MEV bot @JokInTheBoxETH was exploited and lost around $34K due to a flawed unstake function.
2. @UwU_Lend was attacked twice losing approximately $23.03M. For the first attack, the hacker used price manipulation to exploit the sUSDE token price. For the second attack, they used USDE funds from the first attack to drain other UwU lending pools.
3. Omnichain NFT protocol @holographxyz was exploited, losing ~$14.4M. The Holograph Operator contract was exploited using infinite mint vulnerability, enabling the hacker to mint 1 billion additional HLGA tokens.
4. Phishing alert: Scammers impersonated Andreessen Horowitz's Peter Lauten, using the handle @peter_lauten to drain crypto wallets via a fake video call app.
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