🚨 #SocketProtocol Update 🚨 👉 Follow @SocketProtocol fell prey to a call injection attack, resulting in a staggering loss of $3.3M. The breach's epicenter lies in an insecure call within the performAction function. Overlooking scenarios with 0 WETH transfers allowed the attacker to

huge security breach

🚨 SECURITY ALERT 🚨 Samudai has fallen victim to a significant security breach, resulting in the loss of $1.2M worth of ETH from both the founder's and multisig wallets. 🔍 Investigation is underway, and the community is urged to report any suspicious activity related to

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🚨 Security Breach Update 🚨: Concentric.fi on Arbitrum recently suffered a $1.7M hit in a cunning social engineering attack. Here's a breakdown: The attacker slyly altered the CONE-1 proxy contract, swapping it from ConeCamelotVault to their controlled contract.

it is a biggest hack of 2024 ??

intersting

solid thread🫡

fact🎉

Cloud security is as crucial as the security of your smart contracts. Always prioritize securing both Web 2 and Web 3 components. Recently, Ukrainian hackers executed 1500 different brute force attacks to compromise a cloud server, resulting in the theft of millions in crypto

indeed

#caution

In the recent Future Crime Summit 2024, I had the opportunity to meet some of the biggest minds of the Indian government, which was really insightful for me. I learned a lot from them. However, I noticed that many professors from institutes were also attending to explore new

wohhh🎉

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#Security Alert: Understanding the $8.5 Million WOOFi Exploit On Mar 5th, WOOFi encountered a devastating flash loan attack on the Arbitrum network, resulting in loss of $8.5 million. Here's a breakdown of what happened & how you can prevent it : techfund.jp/media/WOOFi-Ha…

Here is a brief explanation of the recent $8.5 million #Woofi hack. Learn from it and avoid making the same mistake in your contracts

Startup idea: Establish a CISO-as-a-Service company. With companies increasingly seeking to hire full-time security specialists, offering expert CISOs to their teams would definitely make this idea successful.

Prisma Finance faced an $11.6M exploit, but white hat hackers returned the funds after negotiating a bounty through a rescue operation. Understanding the hack's root causes is crucial to prevent future incidents. Read more about the $11M hack breakdown techfund.jp/media/Prisma-F…

Really learn alot from this breakdown