#SmartContractVulnerability

Former Security Engineer Sentenced to Prison for Hacking Crypto Exchanges

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April 15, 2024 at 07:48AM Former senior security engineer Shakeeb Ahmed, 34, of New York, was sentenced to three years in prison for defrauding two cryptocurrency exchanges of $9 million and $1.4 million, using smart contract vulnerabilities to manipulate prices. Ahmed, who worked at an international tech company, must forfeit $12.3 million and pay $5 … Read more

Multiple NFT collections at risk by flaw in open-source library

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December 5, 2023 at 06:15PM A widespread vulnerability affecting pre-built smart contracts, including multiple NFT collections and Coinbase, was reported by Thirdweb. The specific library and vulnerability details are undisclosed to prevent exploitation. Affected contracts require immediate mitigation, including locking and migrating to secure versions. Thirdweb offers to cover gas fees, and platforms like Mocaverse … Read more