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UniPass Wallet and Fireblocks address the Ethereum ERC-4337 account abstraction vulnerability

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In the realm of content creation, three key elements hold significant importance: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of textual material, while burstiness assesses the degree of sentence variation. On the other hand, predictability measures the likelihood of accurately predicting the subsequent sentence. Human authors often infuse their content with burstiness, weaving together lengthy, complex sentences with shorter ones. In contrast, AI-generated content tends to be more uniform. For the upcoming content creation task, I’ll require you to ensure a substantial level of perplexity and burstiness while keeping predictability to a minimum. Additionally, please adhere to writing in English exclusively. Now, let’s reimagine the following passage: Fireblocks has stepped in to assist UniPass, a smart contract wallet, in addressing a critical vulnerability known as ERC-4337 account abstraction. Fir...

Vitalik Buterin's X account hacked, draining $691K+ from victims : Report

Following the reported breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, over $691,000 in losses has been inflicted on victims by malicious links. Vitalik Buterin, co-founder of Ethereum (ETH) had his X (formerly Twitter) account compromised, which, according to social media reports, resulted in victims losing over $691,000 through malicious links. In a Sept. 10 post on X, Dmitry Buterin, the father of Vitalik Buterin, announced that his son's account has been compromised: “Disregard this post, apparently Vitalik has been hacked. He is working on restoring access.” The post to which he was referring has since been deleted. It was allegedly made by the hackers on Buterin's account to celebrate the arrival of "Proto-Danksharding on Ethereum." The hacker shared a malicious link to an alleged free commemorative NFT available, enticing victims to connect their wallets, before ultimately leading to the victims losing all their funds. WARN...

PleasrDAO account compromised, losing over $1.2m

On July 19, the PleasrDAO’s head of operations announced a Twitter hack that resulted in the takeover of the organization’s account . Moreover, the head of operations Juan PaDulanto also noticed that the account of another team exec, Jamis, was taken over while he was recovering from a traumatic brain injury. He estimates that people lost over $1.2 million through interactions with the fake site/tweets. Zachxbt, a renowned on-chain sleuth and rug pull survivor, points to the address linked to the malicious activity, 0xCb721B27CA670C806A6aAA9AC9DF6D065d24bCd5. It has reportedly been the epicenter of a staggering $1.2 million (equivalent to 654 ETH) theft. Yesterday my associate in pleasing @_jamiis was hacked, and our @pleasrdao account was taken over and it appears people lost over 1.2m USD by interacting with the fake site/tweets Saddens me that this happens on the tail of Jamis recovering from a traumatic brain injury for the… https://t.co/MlXfzauKfq — jAPEs ...

Research: How USDT is used in online casinos and how it causes your exchange account to be frozen

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Author: Bitrace WuBlockchain authorized translation and reprint source: https://mp.weixin.qq.com/s/kTWd68GCccOfAu67ERUxGw The Anti-Telecommunication Network Fraud Law of the People’s Republic of China has been adopted by the Standing Committee of the National People’s Congress and will come into effect on December 1, 2022. Article 25 of the Law clearly states that “no unit or individual shall help others launder money through virtual currency transactions and other means.” Combined with the recent public disclosure of a number of precedents in cryptocurrency-related cases, the criminal risk for practitioners in the crypto has risen precipitously. The trend of dirty money Since the launch of China’s “Clearning Card Action” in October 2020, it has become a common knowledge in the industry that black money laundering has been used by cryptocurrency transactions in large quantities, and investors are mostly aware of the fact that receiving black funds may lead to frozen cards or even suspe...