Private Key Leakage

DeBox operating account private key leaked, resulting in a loss of over 4.87 million BOX and 31 ETH

ChainCatcher news, DeBox officially announced that due to the leakage of the private key of the EOA wallet of the DeBox operational account, 31.03 ETH and 4.879 million BOX were stolen. The official emphasized that this incident is unrelated to the asset security of platform users, and the community can rest assured.The response plan includes:Stabilization Fund Buyback: The stabilization fund will be used to buy back the stolen tokens from exchanges, expected to be completed within a week.Token Distribution: All repurchased tokens will be injected into the BOX DAO asset pool, with specific uses to be decided by community voting.Account Security Upgrade: Once the DeBox App supports multi-signature login, the operational account will be migrated to a multi-signature wallet.Tracking and Accountability: A professional security company has been commissioned to conduct investigations and asset tracking, with progress updates to be provided regularly. Any recovered assets will be managed through BOX DAO voting.The DeBox team stated that they will continue to track the theft address and reserve the right to take legal action, while also committing to continue building an open, transparent, and sustainable ecosystem.Previous news, the DeBox project has dropped over 30% in the past 24 hours, with Uniswap V2 pool liquidity remaining at only $2,900, and total on-chain liquidity around $10,000.

OKLink Security Monthly Report: In July, the total losses across the network amounted to approximately $290 million, with losses due to private key leaks accounting for 88.31% of the total losses

ChainCatcher news, OKLink released the July 2024 security report, stating that the cumulative losses from on-chain security incidents across the network amount to approximately $290 million. Losses due to private key leaks account for 88.31% of the total losses, phishing incidents account for 3.03%, REKT incidents account for 7.33%, and RugPull incidents account for 1.31%.On July 18, the private key of the WazirX exchange's multi-signature wallet was leaked, resulting in a loss of approximately $235 million, making it the largest security incident in July. On July 16, the LiFi Protocol cross-chain bridge aggregation protocol was attacked, leading to a loss of about $10 million. The attacker exploited a vulnerability that allowed arbitrary calls to steal assets authorized by users of this contract.In addition, there were a total of 14 incidents of scams and phishing on official social media, resulting in losses of approximately $3.89 million, a decrease of 81.34% compared to June. OKLink reminds users not to disclose your private keys or mnemonic phrases to anyone, not to click on unverified links, and to learn how to use Web3 on-chain tools to mitigate risks. This is an important line of defense in protecting yourself in the Web3 world.
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