Tag: attack vectors

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Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023

January 23, 2024

In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with approximately $69.5 million lost across 127 incidents. Scams Were the…
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A New Academic Paper Describes 3 Attack Methods Against an Ethereum PoS Chain

October 31, 2021

Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group of computer scientists from Stanford University and the Ethereum Foundation believe there are three attack…
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