Hackers stole 143 ETH in 30 seconds through simulated transactions

Scam Sniffer analysts report that the hackers managed to steal 143 ETH $3,226.10 Bridged Ether (StarkGate) 3.03% Market capitalization $0.29 billion VOL. 24 hours $1.2 billion (about $ 460,000 at the time of the attack) using a transaction simulation method, which took them only half a minute. This type of attack allows attackers to mislead users of smart contracts and gain access to their funds.

The method is based on the use of services that check the validity of transactions before they are sent to the blockchain. Hackers created scripts that imitate legal transactions but contain hidden malicious instructions. Thus, victims received false confirmations of the security of transactions, which allowed the attackers to transfer funds to their addresses.

Experts point out that the main reason for the success of such attacks is insufficient verification of the smart contract code and user gullibility. Developers are advised to implement additional levels of verification and security audits, and users are advised to carefully check transactions and avoid working with unverified services.

This case is another reminder of the need to strengthen security in the cryptocurrency ecosystem. With the growing popularity of DeFi and cryptocurrencies, the number of such attacks can only increase.