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Showing posts with the label hacked

Web3 gaming firm Immutable criticized for limited phishing warning

The team behind Ethereum gaming platform Immutable has been accused of “embarrassing behavior” and covering up a security incident after it shared few warnings about Discord phishing links. Early on Monday, crypto sleuth ZachXBT pointed out via X (formerly Twitter) that the Immutable Discord server had been “compromised” for a brief period this weekend. He then claimed that Immutable made “zero announcements” across its official channels, warning the company that it “comes across as if you are trying to cover up the security incident…” However, Immutable has since claimed that an internal employee used the Discord channel to warn about the malicious links within two hours of the incident. Thanks @zachxbt. An Immutable employee posted in our discord within 2 hours of the incident, with the issue contained, but clearly we can retro how we publicly share comms. For full transparency, here is our security team’s summary. At 4:05 PM UTC on 21 Sep 2024, a community… ...

Ethervista 'unconsciously hacked' hundreds of times by bot

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Ethervista, an Ethereum alternative to Solana’s Pump.fun platform, has reportedly been “unconsciously hacked” hundreds of times over the past couple of days by a bot unaware of its actions.  That’s according to PhD student and blockchain security specialist Chaofan Shou, who claimed yesterday that his bot exploited Ethervista by unknowingly following the instructions of another attacker.  Shou told Protos it was a “general backrun bot” that copies other transactions and applies it in the next few blocks. He said that an initial attacker manually hacked Ethervista by exploiting an “integer overflow in the router contract to steal all the fee in it.” Because of this, Shou’s bot copied the transaction and performed the hacker’s malicious transaction over and over again . He said the bot was not designed for Ethervista and that, “both the bot and us did not know we are hacking Ethervista.” Our bot unconsciously hacked @ethervista hundreds of times over the last two d...

Thodex chief denies fraud, says crypto exchange was hacked

The founder and CEO of Thodex, a Turkish crypto exchange dubbed by politicians as “the biggest fraud case in the history of the [Turkish] Republic,” has denied all charges in his first court appearance and claimed he was framed instead. Faruk Fatih Özer and 21 other defendants are accused of fraud , money laundering, and running a crime ring. Özer reportedly fled to Albania with $2 billion in user funds back in 2021 and was arrested by local authorities in August 2022. In April this year, the founder was extradited to Turkey . According to the Istanbul Chief Public Prosecutor’s Office, Özer and his employees could face up to 12,164 to 40,564 years in prison combined. However, the Thodex CEO said in his first court appearance on Monday, “I was framed. I started my company and my company was hacked ,” (via local media). Özer also stressed to prosecutors that he had sole authority in company decisions and added that his sister, Serep Özer, didn’t have de facto authority at Thod...