More than 20 more typical security incidents occurred in February, with losses of nearly 400 million US dollars

Time：2022-02-28 Source： 1319 views Trending Copy share

It’s time for another monthly safety check! According to the security public opinion monitoring data of Chengdu Lian'an [Chain Bing-Blockchain Security Situational Awareness Platform]: in February 2022, various security incidents still occurred from time to time, and more than "20" more typical security incidents occurred in February.

[DeFi aspects] The security risks exposed cannot be ignored. Cross-chain bridge projects have been repeatedly attacked by hackers, and the huge economic losses caused by them have seriously affected the security and stability of the blockchain ecosystem. In addition, the related incidents of [fraud escape/encryption scam] this month have made a comeback, and we need to pay more attention. The number of NFT theft cases has increased, and everyone needs to take more precautions.

Hacking the DeFi side

A total of "7" typical security incidents occurred

The No.1 cross-chain bridge Wormhole was hacked, and the stolen funds were worth more than $326 million.

No.2 South Korean DeFi project KLAYswap announced that it was hacked and lost about $1.83 million.

No.3 On February 6, the http://meter.io/ cross-chain bridge was hacked, and the loss was about 4.3 million US dollars.

No.4 On February 10th, DeFi application Dego Finance was hacked. The liquidity of DEGO on UniSwap and PancakeSwap was exhausted. The 0x118 addresses on the three chains totaled about $17.62 million.

No.5 On February 14th, the mortgage protocol Titano Finance was exploited to steal about 4,828.7BNB, or about $19 million.

No.6 On February 15th, the Build Finance project suffered a malicious governance takeover. The attacker successfully controlled the Build token contract, minted 1.1 million BUILD tokens and exhausted the project's liquidity pool. A total of 162 ETH, 481,405 DAI, and 75,719 NCR in 20014 USDC are about $1.12 million in this profit.

No.7 On February 23, there was a vulnerability in the DeFi revenue protocol Flurry Finance. Currently, known hackers only used funds deployed on FinanceRabbit strategies, and funds from other strategies are still safe.

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