Blockchain Security

On March 19, it was reported that the blockchain security company Coinspect Security issued a document stating that through its cooperation with the Algorand wallet MyAlgo, the root cause of the attack on MyAlgo has been determined, and the specific information will be publicly announced. Currently, attacks are no longer active, do not exploit application errors or vulnerable code bases, do not abuse browser functionality (such as auto fill), private key encryption is not weak, and the open source MyAlgo component is not affected. In addition, attackers decrypt private keys because they have obtained passwords, not because of encryption vulnerabilities. For affected users, it is recommended to immediately change the wallet password and not reuse it. Coinspect Security has determined the root cause of the hacker attack on Algorand Ecological Wallet MyAlgo Analysis based on this information:In recent news, Coinspect Security reported that they cooperated with the Algorand wallet MyAlgo to resolve a significant security breach. The joint effort led…

On March 17th, in a series of tweets released today, Michael Bentley, CEO of Euler Labs, described the “toughest days” of his life after Euler’s $197 million flash loan attack on March 13th. He forwarded a message shared by a user stating that Euler had 10 audits from 6 different companies, and commented that the platform “has always been a security conscious project.”. From May 2021 to September 2022, blockchain security companies such as Halborn, Solidified, ZK Labs, Certora, Sherlock, and Omnisica conducted smart contract audits on Euler Finance. CEO of Euler Labs: The protocol underwent 10 audits in two years before being attacked Analysis based on this information:In a series of tweets released on March 17th, Michael Bentley, the CEO of Euler Labs, opened up about the “toughest days” of his life that followed the $197 million flash loan attack on March 13th. Despite having undergone multiple security audits by six different companies, the platform still fell victim to…

On March 16th, the blockchain security platform Ironblocks launched a security product on Wednesday. Chief Executive Officer Or Dadosh said that this product can help financial programs based on smart contracts get help before they suffer losses. This is a threat detection platform that can be inserted into the DeFi protocol to monitor and flag any suspicious asset transfers. Blockchain Security Platform Ironblocks Launches a Threat Detection Platform for DeFi Protocol Analysis based on this information:On March 16th, the blockchain security platform Ironblocks announced the launch of its latest security product, a threat detection platform that is specifically designed to help financial programs that are based on smart contracts. According to Chief Executive Officer Or Dadosh, this new platform will be able to provide early warnings to financial programs before they suffer any losses due to fraudulent activities. The new platform developed by Ironblocks is designed to be integrated with Decentralized Finance (DeFi) protocols, providing constant monitoring of all asset…

According to reports, according to the security risk monitoring of Beosin EagleEye, a blockchain security audit company owned by Beosin, the LockedDeal contract of ETH, BSC, and Poolz Finance on the Polygon chain was attacked, resulting in a loss of approximately $500000. An attacker called the vulnerable function CreateMassPools in the LockedDeal contract, and the_ A vulnerability in StartAmount triggers an integer overflow. In addition to obtaining a large number of poolz tokens, the attacker also obtained other tokens. Please raise the alert for related projects. Previously, Beosin EagleEye monitored a 90% drop in Poolz Finance related token $POOLZ Poolz Finance’s Locked Deal contract was attacked and lost approximately $500000 Analysis based on this information:According to reports from Beosin EagleEye, a blockchain security audit company owned by Beosin, there has been an attack on the LockedDeal contract of various tokens on the Polygon chain such as ETH, BSC, and Poolz Finance. The attack has resulted in a loss of approximately…

On March 15th, Conor Grogan, the director of Coinbase, posted an article on social media stating that he had inserted a real-time Ethereum smart contract into chatGPT-4. As a result, AI immediately found security vulnerabilities and even showed how to exploit these vulnerabilities. Conor Grogan stated that the contract was indeed exploited by hackers in 2018. In addition, he also disclosed that he had tried Euler’s smart contract, but due to the length of the contract, it could not be processed by chatGPT-4. Conor Grogan admitted that AI would ultimately make smart contracts safer and easier to build. Director of Coinbase: ChatGPT-4 has been able to detect smart contract vulnerabilities on the Ethereum chain in real time Analysis based on this information:The use of Artificial Intelligence (AI) in Blockchain technology has opened up countless possibilities for improved performance and strengthened security. Conor Grogan, the director of Coinbase, recently announced a breakthrough in AI-enabled Blockchain security through an article he posted…

According to reports, according to the Beosin EagleEye security risk monitoring, early warning, and blocking platform monitoring under the blockchain security audit company Beosin, the $POOLZ token related to Poolz Finance plummeted by 90%. The Beosin security team is following up on the analysis and invites investors to pay attention to the safety of their funds. Poolz Finance related tokens plummeted by 90% Investors should pay attention to fund safety Analysis based on this information:Beosin EagleEye security risk monitoring, early warning, and blocking platform is a blockchain security audit company that recently reported a massive 90% drop in the value of the $POOLZ token linked to Poolz Finance. This is alarming news for investors in the crypto market, and the Beosin security team is urging them to take caution and ensure safety for their funds. Poolz Finance is an innovative decentralized platform that allows projects to auction tokens, and investors use their money to bid on that auction. Thus, Poolz…

According to reports, Max, a member of the blockchain security team, said on social media that the contract of the NFT project CryptoNinja World (contract addr…

It is reported that after the stable currency trading project Platypus was attacked by hackers, with the help of blockchain security company BlockSec, at least…

On February 17, according to the monitoring of Beosin EagleEye security risk monitoring, early warning and blocking platform of Beosin, a blockchain security a…

It is reported that, according to the monitoring of the Beosin EagleEye security risk monitoring, warning and blocking platform of Beosin, a blockchain securit…

It is reported that, according to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of Beosin, a blockchain security…

According to the report, according to the Beosin EagleEye security risk monitoring, warning and blocking platform monitoring of Beosin, a blockchain security a…