The @raft_fi hack leads to the mint of unbacked ~$6.7m stablecoin R.
Our analysis shows the hack takes advantage of round issue and donation to (1) manipulate the collateral token's index rate of rcbETH-c to borrow/mint $6.7m R and (2) mint extra rcbETH-c so that the donation can be fully redeemed back.
Here is the related tx: https://t.co/VYGpcDDsiX
Our initial analysis indicates the suspicious $86.6m outflow from @HECO_Chain#bridge was from a compromised operator, which was operational since 2022-10-08:
Will this be connected w/ earlier $125m @Poloniex incident?
Example outflow tx: https://t.co/TQSAQrRzw5
Operator: https://t.co/v5EVxkXBXR
#PeckShieldAlert@KyberNetwork exploiter-labeled address has transferred 1,000 $WETH ($2.06M) to 0x84e6...adb4 on #Arbitrum
The address 0x84e6...adb4 previously interacted with Indexed Finance Exploiter on #Ethereum ~705 days ago
#PeckShieldAlert November saw a upsurge in Web3 hacks & exploits compared to the previous month, totaling ~$348.11M across 28 incidents.
-2 high-profile attacks targeted #Justinsun-linked projects, draining $236 million worth of cryptos from #Poloniex and #HECOBridge & HTX (formerly #Huobi)
-$5.4M has been returned by one groupg of #KyberSwap exploiters, with negotiations ongoing for an additional ~$47.6M.
-#dYdX responded to an alleged targeted attack on $YFI by leveraging its $9M Insurance Fund.
-The exploiter of #Raft protocol burned 1,570 $ETH
👀👀👀 We've observed a few in-the-wild exploitations on this exact issue.
Our analysis confirms the root cause (to be disclosed later). So do pay close attention and take necessary countermeasures. (h/t @thirdweb@OpenZeppelin)
https://t.co/AJ713aFpGX
https://t.co/XfrKf5x8kT
#PeckShieldAlert#MEVBoost 💸💸💸 A validator is rewarded 566.37 ETH ($1.25m) at block #18871827.
The paying #MEV bot sends a bribe of 571 ETH ($1.3m) to backrun the following liquidity-adding tx in @Uniswap UNI-WETH V3 pair. The victim user seems to be @aavebank.eth
https://t.co/pLVXM8cRM5
PSA: Useful Thanksgiving hotlines
1-800-BUTTERBALL - for your Turkey
1-800-662-3263 (Ocean Spray hotline) - for your cranberry sauce
1-800-CALLFBI - for your insurrectionist cousin
In loving memory of former First Lady Rosalynn Carter.
The thoughts and prayers of the Biden-Harris Administration are with President Carter and the entire Carter family.
Rosalynn Carter married Jimmy Carter in 1946, and they had a partnership unlike any other known at the time for a president and first lady.
"She gave me wise guidance and encouragement," Jimmy Carter said in a statement Sunday after her death.
Rosalynn Carter was a great partner to a consequential President and helped to define the modern role of First Lady. She was gracious, warm - and determined.
My thoughts are with the entire Carter family and especially with the President.