Discover and read the best of Twitter Threads about #wagsi
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A #flashloan attack on @UpswingFinance resulted in the loss of ~22 ETH (~$35.5K)
The project has appeared inactive since Oct. 2020 and was attacked using price manipulation.
A thread👇
The project has appeared inactive since Oct. 2020 and was attacked using price manipulation.
A thread👇
It was a price manipulation attack caused due to the design flaw of the $UPStkn token - the _transfer function of the token.
The attack occurred in three key steps👇
The attack occurred in three key steps👇
1) the attacker uses 18 swaps to lift $UPStkn's sell pressure. Also, during the swaps, the attacker swaps 1.31 Ether for 136,299.97 UPStkn.
#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
🧵👇
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
🧵👇
➡️ 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
➡️ 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
#DeFi #cryptocurrecy
#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. ⬇⬇
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
#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.
