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Blog Posts TaggedWeb3 Security

The BNB chain suffered from a deflation token attack, and Metatrust discovered several dozens of tokens on the EVM chain that were unaffected

On February 10, 2023, some reflection mechanism tokens on BNB Chain were attacked and spread to multiple tokens. MetaTrust conducted a thorough analysis and found several dozens of tokens that were not yet attacked through its exclusive IP Analyzer engine.

BradMoon
about 1 year ago
Report

Security Analysis of BRA Flash loan attack

This blog post analyzes the BRA flash loan attack, which involved a series of transactions on the Binance Smart Chain. The attacker used a flash loan to borrow 1000 WBNB, which was then used to purchase and sell BRA tokens, resulting in an increase in circulation and a profit of approximately $310,000. The post also suggests using MetaTrust's Prover engine to troubleshoot ERC20 tokens for vulnerabilities and provides tips for preventing similar attacks.

BradMoon
about 1 year ago
Analysis

Defrost Finance Event Analysis

An analysis of the Defrost Finance project hack that occurred on December 23, 2022. The hack involved a re-entrancy attack and a rug pull, resulting in the loss of over $12 million. This post provides transaction information, attack processes, and an analysis of the vulnerabilities that led to the hack. MetaScan has the ability to scan for these types of risks.

BradMoon
about 1 year ago
Analysis

From the Source: Analysis of DFX Finance Attack

An analysis of the DFX Finance attack, focusing on the smart contract code. The attacker exploited a vulnerability in the Curve contract that allowed them to re-enter the deposit function and deposit borrowed tokens, which were then treated as repayment. The attack demonstrates the importance of carefully evaluating the impact of each callback and checking dependent state variables to avoid similar problems.

BradMoon
over 1 year ago
Analysis