Soteria October Update

SoteriaMutual
3 min readNov 21, 2021

Recent Security Incidents

Eight security incidents occurred on DeFi

1. DeFI Agreement AutoShark Finance suffered a lightning loan attack, and hackers made a profit of approximately $580,000.

2. The POAP minting system was attacked by hackers, and several POAPs were fraudulently issued and sold.

3. Indexed Finance, a passive income agreement, was attacked and lost approximately $16 million.

4. Pancake Hunny, the DeFi protocol on BSC, was attacked by a flash loan.

5. The Avalanche ecological protocol Avaterra Finance was attacked by hackers, and there were serious loopholes in the minting contract.

6. Cream Finance, the DeFi lending agreement, was attacked and lost approximately $130 million.

7. The DeFi protocol AutoShark Finance on the Binance Smart Chain was attacked by hackers in a series of transactions, and the hackers made a profit of $2 million (the protocol loss may be even greater).

8. On October 30th, the BXH project, a decentralized transaction protocol on the Binance Smart Chain (BSC), was attacked.

A total of 12 typical security incidents occurred in fraud/encryption scams

1. European authorities arrested members of ransomware gangs in Ukraine and confiscated 1.3 million U.S. dollars in cryptocurrency.

2. A scammer made a profit of 138,000 US dollars through the digital statue NFT project sales scam.

3. The NFT project Evolved Apes ran away and took away 798 ETH worth $2.7 million.

4. The US Federal Bureau of Investigation and the Israeli police have arrested 26 people involved in the case of cryptocurrency fraud.

5. A couple of American nuclear engineers were accused of selling naval secrets in exchange for $100,000 in XMR.

6. SaturnBeam, the DEX MoonSwap IDO project on the Moonriver chain, runs.

7. The Zunyi police destroyed a huge virtual currency money laundering gang, which involved 800 million yuan in money laundering.

8. Scammers defrauded users of 1.4 million US dollars by enticing users to install a fake encryption application CryptoRom.

9. The police in Nantong City, Jiangsu Province detected a case involving the use of Bitcoin ransomware to implement online extortion, involving more than 5 million yuan.

10. The scam case of “digital currency swiping orders” opened in Laixi, Shandong, involving a total of 10 million yuan.

11. The Ukrainian Security Service arrested a criminal group selling malware that stole Bitcoin.

12. International police cracked a dark web drug dealer of 150 people and seized $4.9 million worth of cryptocurrency.

2 typical security incidents occurred in ransomware/mining Trojans

1. A crypto miner in the UK was sentenced to more than 13 months in prison for stealing 32,000 pounds of electricity to operate a Bitcoin mining machine.

2. An npm package downloaded millions of times a week was hacked and embedded in a malicious cryptocurrency mining program.

Soteria Delivery

New CoverEmnier

UI improvement:

Fixed UI bugs

Buy cover feedback UI

New UI for Connect Wallet

Ongoing SEO optimization

Internal RPC server path optimization

Completed integration with CoinGecko

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