Blockchain Bandit 🥷on the Move again 🏃♂️🏃♂️
Subtle Bits of Crypto - Week 1, Feb 2023
Blockchain Bandit moves $90M of Stolen Crypto
The infamous hacker is known for stealing funds from wallets with weak private keys.
The hacker has been in limbo for the past 6 years and has started to move funds from the wallets.
Hacker has been estimated to have stolen 51,000 Ethers and 470 Bitcoins through an "Ethercombing" method.
The attacker’s “programmatic theft” process has drained over 10,000 wallets from individuals across the globe.
Reliance Retail accepts Indian CBDC
Reliance Retail will begin accepting retail payments using Digital Rupee at all 17,000 of its locations in 7000 cities across India.
Reliance Retail partnered with ICICI Bank, Kotak Mahindra Bank, and fintech firm Innoviti Technologies to launch in-store support for the digital rupee.
Decentralized exchange Orion Protocol hacked for $3 million
Orion Protocol suffered a major security attack with the loss of $3 million in project assets.
The hack occurred due to a reentrancy vulnerability in the project’s smart contracts.
Reentrancy Hack is one of the oldest and the most common hacks on Smart Contracts.
1/ Again, a $3M lesson from the reentrancy bug! The @orion_protocol is hacked due to a reentrancy issue in its core contract: ExchangeWithOrionPool. Both eth/bsc deployment are hacked. Here are the two related hack txs: bscscan.com/tx/0xfb153c572… etherscan.io/tx/0xa6f63fcb6…Hi, @orion_protocol you may want to take a look: https://t.co/YvRIRq6T57
PeckShield Inc. @peckshield
Interesting would like to know more about this topic.