Cryptocurrency markets have been the focus of cyber attackers for a long time and they are preparing new traps every day. While attackers who hacked protocols and bridges caused billions of dollars in losses, this week’s Balancer hack caused more than 150 million dollars in damage. Of course, he also carries out smaller attacks and hyperliquid.
Hyperliquid Warning
The popularity of DEX platforms, similar to a centralized exchange, has increased this year. Hyperliquid Capitalizing on the excitement, Aster had an extremely good launch period and CZ’s open support continues. These protocols, which generate good income, have become platforms widely used by cryptocurrency investors for many reasons.
Of course, it is not surprising that cyber attackers are introducing new traps in this field. cryptocurrency detective In his warning a few minutes ago, ZachXBT said that fake applications imitating Hyperliquid were discovered in the Google Play Store. Moreover, standard platform filters cannot effectively block these and investors suffer losses by thinking that they are trading on the real platform.
“Community Alert: Beware of fake Hyperliquid app on Google Play Store.
None of these platforms seem to do a good job of filtering out these scams.
Attacker address: 0x8c12C21C394D9174c3b1a086A97d2C5523ABb8F5.”
Although it may seem like a real application at first glance, details such as the number of downloads and the date of publication provide clues that only careful investors can notice. It will be to your advantage to be constantly skeptical and to repeatedly check the steps and transactions you will take in crypto-related transactions. The irreversibility of transactions in crypto is lost forever as attackers easily move the stolen funds to undetectable addresses through mixers.
Binance Reserve Report
The FTX crash was the reason why decentralized exchanges became much more popular during these bear markets. FTX of synthetic cryptocurrencies cryptocurrency Its offering to customers on the stock exchange and its realization after a long time (SBF’s collapse period X Space confessions) led to the understanding of the importance of self-storage wallets. Of course, DeFi also carries its own risks, such as this week’s hacking incident or the fake applications we mentioned above.
Many central exchanges such as Binance started publishing reserve reports after the FTX collapse in order to keep customer confidence strong, and Binance shared the report showing the status of reserves as of November 1.
The numbers summarized by WuBlockchain are as above. Binancethere are 606,356 BTC (reserve rate 102.11%), 4.09 million ETH (100.00%), 37.88 million BNB (112.95%) and 34.73 billion USDT (107.45%) in assets for users. 100% reserve reserve for other altcoins.
