Recently, a user suffered a large number of bitcoin thefts, and the criminal gang was overseas. Fortunately, BitJungle responded quickly and assisted the police in quickly solving the case through the advanced technology of the Zhong Kui traceability system, and helped the user stop the loss of about 20 million RMB. See the fund transfer map below for details. If you encounter a similar situation, please contact us immediately. #比特币安全 #保护资产 #比特丛林
Recently, the BitJungle team has assisted the local police in successfully solving more than 100 Bitcoin (BTC) thefts and successfully recovered the stolen digital assets. The amount involved in this case is as high as 25 million RMB. In this theft case, the BitJungle team cooperated with the police to conduct in-depth investigation and analysis. Through technical means and traceability capabilities, we successfully tracked and locked the thief's information and the stolen digital assets, which have now been recovered and returned to the victim. BitJungle has always been committed to digital asset security and crime prevention. We will continue to cooperate with local police, spare no effort to track criminals, and recover stolen digital assets to maintain the security of the digital asset field.
Hello everyone, we are engaged in blockchain security and are committed to protecting the blockchain world. Our core business is to track and combat hacker activities and help users recover stolen cryptocurrency digital assets. Whether the loss of assets is caused by hacker attacks or other malicious acts, we can provide strong technical support and solutions.
BitJungle: Panoramic view of the whole process of UwU Lend suffering consecutive attacks of $19.3 million and $3.7 million
Background
Recently, the UwU Lend platform has suffered two large-scale hacker attacks in succession. The first attack occurred on Monday, causing a loss of about $19.3 million (about 130 million RMB). A few days later on Thursday, the platform was attacked again, with a loss of about $3.7 million (about 25.9 million RMB). Experts suspect that these two incidents may have been caused by the same attacker. Hackers took advantage of the manipulation loopholes of the price oracle to manipulate the price of sUSDe through flash loan operations, repeatedly pledged and liquidated, and eventually stole a large amount of funds. As the guardian of blockchain security, BitJungle conducted a detailed analysis of this incident through the Zhong Kui traceability system, revealing the hacker's methods and capital flows behind it.
1) Download from official channels: Download wallet apps only from official app stores (such as Apple App Store, Google Play Store, etc.) or official websites whenever possible. Avoid downloading apps through third-party websites or unknown sources, as these sources may provide fake or modified apps.
2) Verify app developers: Before downloading an app, make sure to check the identity and reputation of the developer. Official wallet app developers usually disclose their identity information on the app store or official website, and usually have a reputation in the community or forums.
3) Check reviews and comments: Before downloading an app, check the reviews and comments of other users. Genuine wallet apps usually have many positive reviews, while fake or unsafe apps may have negative reviews or warnings.
4) Be cautious when clicking on links: Avoid clicking on links from unknown sources or suspicious links, especially through emails, text messages, or social media. These may be phishing attacks used to lure users into downloading malware.
5) Education and awareness: Regularly raise awareness about cybersecurity and wallet security, and learn how to identify and avoid online scams and malware attacks.
Beware!#Web3fake wallet scams are rampant, hundreds of millions of funds have been stolen!
Scammers use various methods to induce users to download fake apps, and steal their private keys or login credentials by inducing them to log in to their wallets.
So far, BitJungle has received help from multiple fake wallet victims one after another, and the cumulative losses of fake wallet cases have reached 140 million yuan, with the highest loss amount in a single case being 200 BTC.
Through analysis, we can summarize the characteristics of#scamimplementation routines and scam transfers of stolen funds. The following figure shows the#intelligentcoin tracking system Zhong Kui developed by BitJungle, showing the on-chain fund transfer path of a scammer 👇
n May 31, 2024, DMM Bitcoin in Japan suffered the 7th largest crypto hack ever, losing 4502 BTC (~$300M USD). Possible causes: short address scams, address replacement attacks, and internal system breaches. Bit Jungle's Zhong Kui Traceback System will dissect this attack. #DMMBitcoin