Due to the fact that Web3 technology is still in its infancy, new types of attacks are possible. Some attacks, like ice phishing, are specific to Web3, while others resemble credential phishing attacks.

#CyberSecurity

👇👇

#ALERT🚨

The $BEVO NFT Art Token (BEVO) on BSC was exploited, resulting in a $45,000 loss.

The root cause of the exploit is that BEVO is a deflationary token. By invoking function deliver(), the value _rTotal will decrease.

QuillAudits 🤝 Gamestarter

@Gamestarter is a complete Web3 ecosystem including an IDO launchpad, game development studio, accelerator, incubator, and soon NFT marketplace, gaming guild and metaverse.

QuillAudits extends its partnership with Gamestarter.

#Partnership

Thoreum Finance on the BNB chain was exploited on January 18, 2023. The exploit resulted in the protocol losing approximately 2261 BNB (~$680K).

✔ Check out our latest article to learn more about how it happens.👇

👉 https://quillaudits.medium.com/decoding-thoreum-finance-exploit-quillaudits-199f090e9bac

#web3 #Security #Audit

#Alert🚨

phyProxy on BSC was attacked, resulting in a loss of 1.2K BUSD.

The root cause is a forced investment due to the delegate calls unverified input in the public delegateCallSwap function.