As we step into a new week, let's glance back at the security incidents that transpired in the web3 ecosystem last week.
Although fewer than previous weeks, we aim for zero.
Here’s what happened:
Date: 2023-06-18
Midas Capital: Contract Vulnerability led to a $600,000 loss.
Date: 2023-06-19
Ara: Flash Loan Attack (an exploit that takes advantage of uncollateralized lending) caused a $124,000 loss.
VPANDA DAO: Two Rug Pull incidents (where project leaders abruptly withdraw liquidity, often after a pump), amassing a loss of $530,000.
Date: 2023-06-20
Shido: Lost $238,500 via an unknown attack.
Slingshot: Monetary loss unknown, but Twitter account was hacked.
IPO: Fell victim to a Rug Pull, losing $102,000.
Astaria: Monetary loss unknown, but Beacon manipulation led to malicious execution.
Total losses for the week: $1,594,500
Please note that the list above contains all the events that were reported, there could have been others that were not reported. For additional information, check out https://hacked.slowmist.io
In the ever-evolving web3 world, security isn't just a priority—it's a necessity. Regular audits paired with constant vigilance are key in safeguarding your digital realm. Remember, the responsibility of security lies with us all.
As always, stay vigilant!