Almost $1M in crypto stolen from vanity address exploit
The hacker stole 732 ETH worth about $950,000 and sent it to the sanctioned Tornado Cash mixer. Hacks and exploits continue to plague the decentralized finance (DeFi) sector as another vanity wallet address joins the roster of DeFi victims, which, collectively, have lost more than $1.6 billion in 2022. In an alert published by blockchain security firm PeckShield, a hacker was detected after stealing 732 Ether (ETH), around $950,000, from an address created at the Ethereum vanity wallet address generator called Profanity. After draining the wallet, the exploiters sent the crypto to the....
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Bitcoin vanity services have always had a certain appeal, as it allows users to generate a customer address to send and receive funds from. Vante.me is a new vanity address service, and they hope to stand out from similar offerings. Vante.me: Bitcoin Vanity Addresses. In the world of Bitcoin and digital currency, there are various vanity address....
Bitcoin address tend to be random and cryptic. Ever wished you could have a more personalised Bitcoin address? Well, you can. I made myself a custom address (or vanity address) recently, and some of my friends have wondered how to do this, so I decided to write up a guide for everyone. (This is my address: 1NeiL1eBshdVaKRn4SVeeK4qT6bL9tSePu). There are a couple of ways to get these vanity addresses. THE LAZY WAY. Pros - very easy. Cons - may not be secure, may not be free. Custom Bitcoin Address. Websites such as BitcoinVanity will let you generate a custom prefix right in your browser.....
1Inch's investigations pointed out the ambiguity in the creation of vanity addresses, suggesting that Profanity wallets were secretly hacked. Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies.On Sept. 15, 1Inch revealed the lack of safety in using Profanity as it used a random 32-bit vector to seed 256-bit private keys. Further investigations....
Bitcoin continues to infiltrate and benefit numerous industries around the world. Just this past week, Vanity Cosmetic Surgery chose to accept payment for services in Bitcoin. After reading a news article on BTC China taking Bitcoin to 200USD per BTC, Vanity Cosmetic Surgery's team decided to accept Bitcoin as a method of payment. Vanity Cosmetic Surgery issued the following press release: Miami, Florida (PRWEB) November 02, 2013. Since Vanity began doing business, they have gone through extraordinary lengths to facilitate payment options for their international patients. Since they treat....
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back. Decentralized finance (DeFi) protocol Cream Finance will pay back its users following a $18.8 million flash loan hack that occurred on Aug. 30.Cream has published a post-mortem to the AMP flash loan exploit, promising to replace the stolen Ether (ETH) and Amp (AMP) tokens by allocating 20% of all protocol fees until the debt is paid entirely. Cream will also post collateral with relevant parties at AMP and its creators, Flexa digital payments network, to....