Security

On March 25th, according to developer Michi Lumin\’s announcement on March 23rd, the Dogcoin Foundation released a major update to the libdogcoin toolset. Lumin called this a \”major

According to information, according to CertiK monitoring, the EOA account address 0x64bEf638B75bC24dFb8643bDDD5db2F9a03Ba4FF associated with the NFT phishing address 0x18D023 has t

On March 24th, zkSync Era reported that the main network Alpha is now open to all users and has spent $3.8 million to ensure the security of zkSync Era. Users can now use cross chain transfer funds to experience zkSync Era Eco Dapp. Interpretation of this information: The message by zkSync Era on March 24th revealed a significant development in the blockchain network. The main network Alpha is now open to all users, indicating that anyone can start using the network to transfer funds across different chains. This development will…

On March 24th, it was reported that Binance was suspected to be down, and its spot order book data had not been updated for 10 minutes. Interpretation of this information: The recent report that Binance was suspected to be down and that its spot order book data had not been updated for 10 minutes is a cause of concern for those invested in cryptocurrencies using this platform. Binance, one of the largest cryptocurrency exchanges worldwide, is known for its notable features like low fees and a wide range of trading…

According to reports, Bank of America (BAC) stated in a research report that protocols such as Near, Polkadot, and Cardano are using new methods to improve the trade-off between scalability, decentralization, and security. According to the report, blockchains such as Near that increase functionality and stimulate development may be attractive to developers in the short term. Near’s sharding approach “alleviates common scaling issues associated with increased centralization due to pooling and reduced security due to inconsistent incentive mechanisms.”. Interpretation of this information: The message discusses Bank of America’s report on…

On March 23, it was reported that someone added a fake ETH/ARB pool consisting of fake ARB tokens to Uniswap. Users need to be carefully identified. Interpretation of this information: The recent news about the addition of a fake ETH/ARB pool containing counterfeit ARB tokens on Uniswap raises concerns about user security. It is vital for users to exercise caution and ensure that they are correctly identifying the products they are interacting with. Uniswap is a decentralized exchange platform that allows users to trade cryptocurrencies seamlessly. However, as the platform…

According to reports, a recent survey released by Kaspersky showed that one-third of cryptocurrency owners in the United States have experienced cryptocurrency or other assets being stolen, with an average loss of $97583. The discovery is part of a new report, “The Cryptographic Threat 2023,” based on a survey of 2000 American adults in October 2022. Interpretation of this information: The survey conducted by Kaspersky reported that approximately one-third of cryptocurrency owners in the United States have had their digital assets stolen. The survey also revealed that the average loss…

On March 21st, Christine Lagarde, President of the European Central Bank, said that the digital euro plays a key role in safeguarding European payment autonomy. She warns that relying on a single source in key aspects of daily life is very unhealthy. The digital euro is designed for security, sovereignty, and availability. (Bloomberg) Interpretation of this information: Christine Lagarde, the President of the European Central Bank, highlighted the significance of the digital euro in preserving European payment autonomy on March 21st. She expressed her concerns regarding relying on a single…

On March 21, a post on the GMX Governance Forum of the Decentralized Derivatives Exchange showed that some members of the GMX community supported the deployment of the GMX protocol on the Layer2 blockchain Base of Coinbase. GMX Exchange currently locks in a total value of $582 million on Arbitrum and Avalanche. Interpretation of this information: The recent post on GMX Governance Forum reveals the community’s support to deploy the GMX protocol on the Layer2 blockchain Base of Coinbase. This development is a significant milestone for the GMX Exchange, which…

On March 21, it was reported that the NFT lending agreement ParaSpace disclosed the progress of attack processing and will reopen the agreement in stages. BlockSec and 12 other security experts in the field have completed the review and testing of security patches. Currently, ParaSpace is undergoing security reviews and testing to enhance the security of withdrawal time locks. ParaSpace has launched its repayment function, and will resume its supply function later today. On Tuesday, it will resume its automatic compound interest and cAPE automatic repayment functions. On Wednesday, it…

On March 20th, Manta Network launched a privacy NFT/SBT distribution platform NPO (NFT Private Offering) based on zero knowledge proof. NPO is built on the ZK circuit of zkAddress and MantaPay. Developers do not need to understand technical or cryptographic knowledge, and can release private NFT and SBT using the SDK. ZkNFT and zkSBT have the same ease of use as NFT/SBT, and have plug and play capabilities. Developers can connect them to Web2 App or Web3 DApp, thereby binding on-chain information to off-chain applications through the ZK Proof Key….

On March 20th, the blockchain game platform Gala Games announced that it would sue pNetwork on behalf of pGala victims. Gala Games stated that due to its negligence, pNetwork caused a security vulnerability and intentionally executed a failed recovery plan, causing further damage, which had a negative impact on the market’s perception of Gala and Gala Token, damaging Gala’s reputation, and damaging Gala’s relationship with the trading platform. Interpretation of this information: Gala Games, a blockchain game platform, is set to sue pNetwork on the grounds of causing security vulnerabilities…

According to reports, ParaSpace, the NFT lending agreement, officially stated that due to the team’s observation of suspicious transaction operations, the ParaSpace agreement has been suspended for security reasons, and users cannot conduct any transactions (withdrawals, deposits, and settlements). Interpretation of this information: Recently, ParaSpace, an NFT lending agreement, has been suspended for security reasons. The team of ParaSpace noticed suspicious transaction activities, which led to the suspension of user transactions, including withdrawals, deposits, and settlements. This announcement is essential for all investors who have been using the ParaSpace agreement…

On March 16th, the Ethereum Layer2 expansion solution, Arbitrum, officially announced that it would release native Token ARB and announce Token Economics. It is reported that the initial total supply of ARB is 10 billion pieces, and the total supply will expand at a rate of up to 2% per year. Interpretation of this information: The announcement made by the Arbitrum team regarding the release of their native token ARB and its economics is a significant milestone towards their goal of expanding the Ethereum Layer2 solution. The ARB token is…

According to reports, PeckShield monitoring showed that # 9925 of NFT series “Checks-VV Edition” was stolen on OpenSea by the address beginning with 0xc729. Interpretation of this information: The recent news regarding the theft of NFT series “Checks-VV Edition” on OpenSea has created a stir in the crypto community. Reports from PeckShield monitoring indicate that the stolen NFT belongs to # 9925 of the series and was taken by an unknown address starting with 0xc729. This highlights the missing security features that continue to pose a threat to the integrity…

On March 13, according to the monitoring of 0xScope Protocol, some projects and the address of whales were affected in the Euler Finance attack, including: Interpretation of this information: The message above describes an attack on Euler Finance that occurred on March 13. The monitoring of 0xScope Protocol detected that some projects and the addresses of whales were affected. Euler Finance is a decentralized finance (DeFi) platform that uses smart contracts to automate transactions and calculations. The attack likely targeted the platform’s smart contract, resulting in the loss of funds…

It is reported that according to PeckShield monitoring, Euler Finance attackers have begun to transfer stolen funds to Tornado Cash, and at least 100 Ethereum have been transferred through the address beginning with 0xc66d. Interpretation of this information: The message implies that Euler Finance, a decentralized finance project, has been the target of attackers who have successfully stolen funds. The attackers have reportedly transferred the stolen funds to Tornado Cash, a privacy-focused protocol that allows users to hide their transaction history. It is noted that at least 100 Ethereum has…

On March 13, the independent analyst CIA Office said on Twitter that according to the monitoring of the security team BlockSec, the DeFi loan agreement Euler Finance was suspected to have been attacked. At present, 8.89 million DAIs and 8080 WETHs have been stolen. The latest data on the chain shows that the attack seems to be continuing, with a total loss of more than 190 million dollars. Interpretation of this information: On March 13, the CIA Office tweeted that Euler Finance, a DeFi loan agreement, was suspected to have…

On March 12, it was reported that the cryptocurrency wallet imToken was updated to version 2.11.3, which includes support for WalletConnect 2.0; Upgrade the risk control system of Ethereum Wallet to automatically shield risky digital assets; Optimize RPC node delay display and support node exception prompt; The function of the message center is optimized, and the public chain network identifier is added to the notification list. Interpretation of this information: The cryptocurrency wallet imToken recently released a new version (2.11.3) with several updates and features to improve the user experience…

On March 10, the Web3 vulnerability reward platform Imunefi pointed out in its 2023 report that Ethereum is the blockchain ecosystem that whitehat hackers are most concerned about, and 92% of the respondents said they are paying attention to the security of the ecosystem. Interpretation of this information: The vulnerability reward platform Imunefi recently released its annual report for the year 2023, highlighting a concerning trend for the Ethereum blockchain ecosystem. The report states that Ethereum is the ecosystem that whitehat hackers are most concerned about, with 92% of the…