211188
Blockaid

@blockaid #211188

Protect web3 users from fraud, phishing, and hacks.
149 Follower 7 Following
🚨 layerswap’s website has been compromised 🚨

Blockaid enabled wallets are secure
Proud to be the Official Security Sponsor of ETHDenver

See you next week!
Since January 1st of this year, there have been over 105,000 dust attacks, resulting in 33 incidents that collectively lost 591 ETH (~$1.7M). Including one attack that represented a loss of 261 ETH and another that resulted in the loss of 136.7 ETH. 🧵
TFW the team is so passionate about web3 security that we get excited when security research is attributed to us on Etherscan
Today our researchers discovered yet another emerging attack vector from the Angel Drainer group — this time phishing users and leading them to a single Safe Vault contract where 128 wallets have been drained of $403k+ so far. All Blockaid-protected users are safe. 🧵
恭喜发财!Happy new year to all who celebrate and may the coming year be prosperous for everyone in web3 (except malicious wallet drainers).

🧧🐲🧧
On Monday, the Angel Drainer Group celebrated one year in operation.

They've drained over $25M from nearly 35k wallets and are behind high profile drains like last year's Ledger Connect Kit and last week's Restake Farming attack.

We seek to protect every web3 user and put Angel out of business.
@fredwilson.eth 's twitter account hacked.
Blockaid enabled wallets are secure
GM. Blockaid is a leading web3 security company that helps builders protect their users from fraud, phishing, and hacks.

Anytime our researchers discover an emerging threat, we post the details, so follow us for up-to-date web3 security analysis.

⚠️ Last week we discovered Restake Farming ⚠️
(🧵 below)
⚠️ Emerging web3 attack vector: Restake Farming ⚠️

Angel Drainer group has introduced a new attack vector utilizing a protocol to execute a novel form of approval farming attack through the 'queueWithdrawal' mechanism.

🧵 below
Today the latest Chainalysis Public Keys podcast dropped, featuring an interview with co-founder and CTO Raz Niv. They discuss the rise of malicious dApps and how Blockaid helps protect users.

Check it out here: https://www.chainalysis.com/blog/dapps-in-web3-ep-92/
Protecting ETH users daily
In 2024, let's protect web users from fraud, phishing, and hacks
Last week, web3 experienced the most brutal frontend attack yet. While most attacks are highly targeted on a specific frontend like BadgerDAO, this attack broadly impacted upwards of 100 frontends. Due to the nature of it being a supply chain attack.

https://blockaid.io/post/attack-report-ledger-connect-kit