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Hack Track: DeltaPrime Flow of Funds Analysis

On September 16th, 2024, the decentralized lending platform DeltaPrime fell victim to a devastating hack. The attackers exploited a vulnerability in the protocol's security, resulting in the theft of over $6 million. Surprisingly, this is the 2nd strike on DeltaPrime within 2 months, the first one being on July 23rd this year when $1 million was lost due to a misconfiguration that allowed an attacker to take over accounts, repay loans, and withdraw collateral.

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Investigating the UwU Lend Hack and Flow of Funds

UwU Lend, a decentralized finance (DeFi) platform, suffered a security exploit on June 10th, resulting in a loss of more than $18.89 million on the Ethereum blockchain. UwU Lend is a platform for cryptocurrency users to earn and borrow digital assets. Unlike traditional banks, it doesn't hold onto your funds (non-custodial). Users can participate as depositors, borrowers, or LP stakers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an overcollateralized fashion. LP stakers provide liquidity and receive a revenue share when staking their LP tokens.

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Hack Track: Pike Finance Flow of Funds Analysis

Pike Finance, a platform designed to simplify borrowing and lending digital assets across different blockchains, fell victim to a series of attacks in April 2024. Pike Finance allowed users to interact with their crypto directly on their native blockchains, eliminating the need for a complex "wrapping" process. This innovative approach aimed to streamline DeFi experiences.

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LastPass Hack: Flow of Funds Analysis

On October 25th, 2023, LastPass, a widely used password manager, fell victim to a security breach. The breach had significant ramifications, affecting approximately 25 users whose assets were distributed across 80 wallets. This breach resulted in a staggering loss of approximately $4.4 million in various cryptocurrencies. Among the affected blockchain networks were Bitcoin, Ethereum, Binance Smart Chain, Polygon, Solana, Cardano, Litecoin, Arbitrum, and Avalanche. 

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