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Abracadabra Suffers Third DeFi Exploit As Hackers Drain $1.7 million
Yahoo Finance· 2025-10-05 15:00
july crypto hack, hack crypto, crypto loss. Photo by BeInCrypto DeFi project Abracadabra has suffered a fresh exploit that drained about $1.7 million from its platform. Blockchain security firm Go Security flagged the breach on October 4 and confirmed that attackers had already laundered about 51 ETH through Tornado Cash. At the time of reporting, the attacker’s wallet (identified as 0x1AaaDe) still held around 344 ETH, worth approximately $1.55 million. How Abracadabra Was Exploited for the Third Time ...
X @Nick Szabo
Nick Szabo· 2025-09-29 04:53
Security Risks & Solutions - Full node operators face legal risks that vary by jurisdiction, requiring flexible social/technical solutions [1] - The mempool's insecurity is not a blockchain security issue, as this aspect of Bitcoin is already technologically insecure [1] - Solutions to these risks must be weighed against the potential for censorship of normal Bitcoin transactions [1] Technological Considerations - The apps landscape is likely to be rapidly evolving, impacting full node operators [1] - The mempool lies outside the blockchain proper and its strong security [1]
X @Cointelegraph
Cointelegraph· 2025-09-14 14:00
Blockchain Security - TRM Labs and NathanOnCrypto are investigating blockchain security [1] - The discussion aims to uncover the truth behind blockchain security [1] Scam Detection - The discussion questions the availability of sufficient tools to expose scams [1]
X @BSCN
BSCN· 2025-08-21 15:01
Blockchain Security & Quantum Risk - A Kaspa community developer proposed a quantum-resistant wallet upgrade [1] - The upgrade aims to protect users from future quantum attacks [1] Technology - The proposal addresses the intersection of quantum risk and blockchain security [1]
X @BSCN
BSCN· 2025-08-21 11:02
Blockchain Security & Quantum Risk - A Kaspa community developer proposed a quantum-resistant wallet upgrade [1] - The upgrade aims to protect users from future quantum attacks [1] Technology - The proposal addresses the intersection of quantum risk and blockchain security [1]
X @BSCN
BSCN· 2025-08-21 07:55
Blockchain Security & Quantum Risk - A Kaspa Unchained community developer proposed a quantum-resistant wallet upgrade [1] - The upgrade aims to protect users from future quantum attacks [1] Technology & Innovation - The proposal addresses the emerging threat of quantum computing to blockchain security [1]
X @UK CBT
UK CBT· 2025-08-01 11:24
Blockchain Security Incidents - From 2012 to 2025, 84 notable blockchain security incidents were analyzed [1] - Wallet attacks resulted in $7 billion (十亿) in losses, highlighting the importance of wallet design [1] Wallet Design and Vulnerabilities - A new 8-axes framework is proposed for classifying and evaluating wallet designs [1] - A survey identified 33 vulnerabilities across hardware, software, custodial, and non-custodial solutions [1] Custodial Wallet Model - A novel shared custodial wallet model is introduced for institutions, enabling secure, compliant multi-party access [1]
X @UK CBT
UK CBT· 2025-07-30 14:40
🔐 Crypto custody needs a rethinkAnalysing 84 notable blockchain security incidents from 2012–2025, so you don’t have to. At @xrplapex, Yimika Erinle presented new research from the UK Centre for Blockchain Technologies and @Exponential_Sci.Highlights:📌 $7B lost to notable wallet attacks, this is why wallet design matters📌 A new 8-axes framework to classify and evaluate all wallet designs📌 Survey of 33 vulnerabilities across hardware, software, custodial & non-custodial solutions📌 A novel shared custodial wa ...
X @UK CBT
UK CBT· 2025-07-08 14:08
RT Exponential Science (@Exponential_Sci)🔐 Crypto custody needs a rethinkAnalysing 84 notable blockchain security incidents from 2012–2025, so you don’t have to. At @xrplapex, Yimika Erinle presented new research from Exponential Science and the @UKCBT_org.Highlights:- $7B lost to notable wallet attacks, this is why wallet design matters- A new 8-axes framework to classify and evaluate all wallet designs- Survey of 33 vulnerabilities across hardware, software, custodial & non-custodial solutions- A novel sh ...