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You Won’t Believe What Happened When I Tried the Easy $1M Cryptocurrency Hack That Actually Worked for 5 Seconds

A  illustration of a hacker sitting in front of a computer screen displaying a cryptocurrency exchange, surrounded by cryptic code snippets and broken smart contracts with an arrow pointing towards the WETH logo being manipulated like a puppet string. The background is filled with chaotic swirling patterns resembling blockchain data.

Hacked, Scammed, Stolen – The Unstoppable Rise of Crypto’s ‘Success Stories’ (or How to Get Rich Quick, Fast & Furious…and Lose Everything).

Source: cointelegraph

An exploit involving unverified lending contracts on the Base blockchain resulted in the theft of about $1 million. The incident, which took place over several hours, was reported by blockchain security firm Cyvers Alerts in an X post on Oct. 25. The attacker exploited a vulnerability in the smart contracts related to Wrapped Ether (WETH), successfully manipulated the price and then siphoned the funds. Source: Cyvers Alerts The attacker’s initial […]

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