Alex bridge on BNB is drained of $4.3M after suspicious upgrade — Certik

Blockchain data shows that the attack may be ocurring on other networks, including Ethereum.

According to a May 14 report from blockchain security platform CertiK, the Alex protocol bridge on the BNB network suffered $4.3 million in suspicious withdrawals just after its contract was suddenly upgraded.

The attacker may also be attempting to drain funds on other networks. At 5:41 pm, just minutes after the suspicious upgrade on BNB Smart Chain, a similar series of Alex upgradeson Ethereum. In this case, the deployer upgraded the “artist address” to an unverified contract. Immediately afterwards, an account ending in 05ed attempted to make two withdrawals from the “team address.” These withdrawals

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BNB Chain to Enable Native Staking on BNB Smart Chain (BSC) following Beacon Chain SunsetCrypto Blog
Read more »

Venom Blockchain CEO Christopher Louis Tsu Discusses the Future of Blockchain TechnologyDelving into the capabilities of advanced digital infrastructure, this platform aims to facilitate transformative changes across the blockchain technology landscape. Leading the project is Venom Blockchain CEO Christopher Louis Tsu, a seasoned entrepreneur with a rich history in technology innovation, from Apple Computer to biotechnology. In this interview, Tsu offers insights on Venom’s technological contributions to blockchain’s future and its role in fostering broader adoption across various industries.
Read more »

Blockchain for Good Alliance launches at Blockchain Life DubaiThe Blockchain for Good Alliance (BGA) announced its official launch on April 15, at the Blockchain Life Dubai event.
Read more »

Blockchain Jungle 2023: Igniting a Green Revolution in the Blockchain SectorAn interview with Juan C. Guerrero, the visionary behind the transformative Blockchain Jungle conference in Costa Rica, which aims to ignite a green revolution in the blockchain sector.
Read more »

Dutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 DiscussionDutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 Discussion
Read more »

‘Selling The OC’: Is Kayla Cardona and Alex Hall’s Feud Over?Kayla Cardona, Alex Hall, Sean Palmieri, Alex Jarvis in &39;Selling The OC&39;
Read more »