Summary # On December 25, 2023, Telcoin, experienced a security breach due to incorrect initialization of wallet contracts, which resulted from a mismatch between the actual implementation of the wallet and the corresponding proxy server, the attacker was able to transfer $TEL from user wallets for $1.2 million.
Attackers # The identity of the hackers who attacked Telcoin is unknown.
Hacker ETH Wallets:
0x35d2775e5f95596509951b140d68fc5b9185ff98 0xdb4b84f0e601e40a02b54497f26e03ef33f3a5b7 Losses # Telcoin estimated the losses from the hack to be $1.
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Summary # On June 2, 2023, Atomic Wallet, a non-custodial multichain DeFi wallet, experienced an exploit resulting in the loss of over $100 million worth of various assets from its users. The largest affected wallet lost a total of 7,950,000 USDT. The suspected perpetrator of this attack is the Lazarus Group, a known North Korean hacking group. The hackers moved the stolen funds to Ethereum and TRON addresses. The part of the stolen assets were laundered through Sinbad mixer and Russia-based exchange Garantex.
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Summary # On November 6, 2017, a user named devops199 accidentally triggered a sequence of actions that led to the compromise of the Parity Multisig WalletLibrary contract. By mistakenly executing the initWallet function followed by the kill function, the WalletLibrary contract was removed from the blockchain. As a result, approximately 513k ETH became locked and inaccessible in the affected contracts. The funds were not stolen but remained frozen, highlighting the need for better security measures in decentralized applications and smart contracts.
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Summary # On July 19, 2017, Parity Technologies fell victim to a wallet hack. A vulnerability was discovered and exploited in the Parity MultiSig Wallet version 1.5+, enabling the attacker to take control over the contracts and drain all their funds. The attack resulted in a loss of 153,037 ETH, equivalent to approximately $34 million from three ( one, two, and three) wallets.
Attackers # The attacker’s identity remains unknown.
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