Discover and read the best of Twitter Threads about #smartcontractaudit

Most recents (3)

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$625 million worth of cryptocurrencies were stolen from the Ronin Bridge protocol in March 2022 as a result of an attack by hackers.

In June, Harmony One’s Horizon Bridge lost over $100 million in an attack.

🧵👇..
In August, the Nomad Bridge lost another $200 million as a result of an exploited vulnerability in its smart contracts.

Hackers exploited the BSC Token Hub, a cross-chain bridge, on October 6 and drain $570 million.

⬇️⬇️
What are the common in all the above hacks?
They all are blockchain bridge hacks.
Let’s understand how these Bridges are Hacked.

#cybersecurity

⬇️⬇️
Read 10 tweets
#WAGSI🛡️
Exploiters minted over 1 Billion in $GALA tokens on BSC & fears caused a 20% drop in GALA.

The problem is caused by a misconfiguration of the @pNetworkDeFi bridge.

#GALA #galatoken #breach

🧵👇 $1B Crypto Hack Fears Spur ...
➡️ Hackers immediately sent the freshly minted GALA to #PancakeSwap.

➡️ The attacker dumped a total of 10.72 billion $GALA and earned a total of 12,977 billion $BNB ($4.4 million) by draining the PancakeSwap pool to zero.

#news #Hack
@pNetworkDeFi stated that a new pGALA token will be created to replace the old compromised one and will be airdropped to those who had pGALA before the pool was drained in the coming days.

#DeFi #cryptocurrecy
Read 4 tweets
#WAGSI🛡
A new exploit on the old Opensea contract is being used to steal your NFTs.

⚠ Signing this seemingly innocent transaction could drain your wallet.

Here's a simple breakdown. ⬇⬇
This new exploit dupes the user into signing a transaction, granting the attacker control over the user's proxy contract.

#NFTs #opeansea #artwork
It can steal any NFT that users listed on Opensea before May 2022 (i.e. before Seaport upgrades), primarily through the Wyvern protocol, which grants proxy contracts the ability to withdraw user NFTs.
Read 5 tweets

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