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Yesterday, we received reports of people seeing unknown approval transactions in their transaction history.
It turns out that this is a new scam where scammers use so-called gas tokens to steal money when victims revoke these "fake approvals".
@ananyacodes For emergencies or to get backup, use replit.
VS Code or PyCharm? Try both, then use whatever you like; this won't make a huge difference.
A billion dollar bug:
How Zellic found and fixed a critical security vulnerability affecting all Move L1's, including Aptos, Sui, Starcoin, and 0L
This bug violated Move's core security properties and would've broken many smart contracts, e.g. flash loans!
Read more: 👇🧵
yUSDT invests in the highest-APR USDT derivative: cUSDT, aUSDT, bZxUSDT, dydxUSDT. There's a misconfiguration which uses bZxUSDC instead of bZxUSDT. Here's how the attack worked:
Analysis:
The hacker first targets a pool with low liquidity to see if the MEV bot will front-run the tx.
For example, the hacker tempts the bot with 0.04 WETH.
It is found that the pool is indeed monitored by the MEV bot, the bot will also use all of its funds for arbitrage.
If you want to easily test for all cursed ERC20 tokens mentioned in the shared repo by @pashov use the following `token-tester` tool in your Foundry tests built by @saucepoint and @plotchy. Everything is one modifier away!
https://t.co/l1cGMUuWNP
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here
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