Articles of bZx

Dismantling the bZx event: just another advance transaction

Written by: Linda Xie, co-founder of blockchain investment agency Scalar Capital, early product manager at Coinbase Translation: Lu Jiangfei Source: Chain News Are they hackers? (Oracle hacker? DEX hacker?) Are they attackers? (Lightning loan attacker? Smart contract attacker?) Or is this arbitrage? (Arbitrage … bad DeFi design?) The two "attacks" involving bZx that occurred on […]

DeFi Monthly Report | bZx incident rethinking, what do DeFi oracles, insurance, and governance do?

According to the data of Dapp Total, the total value of the 36 DeFi application lock positions has been calculated at USD 1.34 billion, of which the ETH lock position is 3.71 million, accounting for 3.37% of the total ETH supply; EOS lock position is 6.94 million, accounting for EOS total supply is 6.83%. The […]

DeFi Trust Crisis: Rethinking the bZx Incident

Text: 嚯 嚯 Source: Hive Finance Editor's Note: Original title was "DeFi Trust Crisis" Six days have elapsed since the assets of the DeFi loan agreement bZx were stolen, and the crisis of trust that has grown has not subsided. On February 15th and 18th, the attacker used the "contract loophole" of the DeFi loan […]

Defi protocol bZx was attacked twice in one week, highlighting industry concerns

Defi protocol bZx was attacked again within a week, this time losing more than $ 600,000 in ETH. This was the second attack in a few days, just after bZx had just deployed a contract upgrade. BZX tweeted that the second attack was an oracle operation attack, which was completely different from the first attack […]

Detailed DeZ protocol bZx hacked twice: What is the attack method and how to defend it?

Author: yudan @ slow fog security team Editor's Note: The original title was "Detailed DeFi Protocol bZx Secondary Hacked" Foreword On the morning of February 18, bZx was suspected to have suffered a second attack. The difference is that this time the target is the ETH / sUSD trading pair, but some people may have […]

Analysis of hard core technology | bZx protocol attacked by hackers

On February 15, the bZx team issued an announcement on the official telegram group, saying that a hacker had carried out a vulnerability attack on the bZx protocol and had suspended other functions except lending. As for the details of the attack, bZx officials did not disclose it in detail. PeckShield security personnel proactively followed […]

Don't blame "Lightning Loan", bZx is attacked by it

Within a week, the bZx DeFi loan agreement was attacked twice. The attacker wore a white wolf with arbitrage, and the arbitrage exceeded ten million seconds. This incident is highly concerned because it is not a simple "hacker" attack against a single vulnerability, but a combination of various product characteristics to make a fist with […]

DeFi Weekly Selection 丨 bZx Event Reflection: What Does Flash Loan Mean?

In this issue: One week's DeFi data: Valentine's Day Defi hedging totals $ 1.75 billion, and ETH hedging continues to decline Rethinking the bZx attack, who should be responsible for the loss? How is the magic Flash Loan developing? Commentary on bZx events DeFi project progress in one week to sum up According to the […]