E2 - Inverse Hydra 4/9/2022
https://hackmd.io/@idegen/E2-Inverse-Hydra
1) Ronin Bridge Attack update
- Sky Mavis raises more than 150 million to reimburse hacked funds lead by Binance. and including Paradigm, A16, and others. Some question this fund raising as centralized bails, while questions loom around the sustainability of Axies Play to Earn model.
- Movement on hacked funds, notably 300 ETH to Tornado Cash
2) Seven Lapsus$ group hackers arrested
Why this?
Infamous crypto hackers, sim swappers, and all around general obnoxious blackhats.
When: 4/2
What happened: Former hacking partners turned on this main guy and doxxed him. Law enforcement circled in.
Who:
- group that tried to blackmail Nvida into open-sourcing GPUs (likely so they could be modified and used for crypto mining)
- Mostly teens so names aren’t released but
3) Buble Gum Ape Heist - Bored ape holder “s27” traded their bubble gum ape and matching mutant derivatives with floor value of $567k for a basic ass photoshopped imposter apes
Why cover this?
As if we needed another reminder that NFT markets are sketchy and the absolute simplicity of the scam.
Raises important questions around NFT verification.
What: simple photoshop scam
The victim entered into a direct swap trade with the scammer via a third-party service called swap.kiwi. Unlike regular marketplaces like OpenSea, platforms like swapkiwi allow direct NFT swaps between collectors, reducing transaction (“gas”) fees.Unknown to s27, the other participant in the trade put up knock-off NFTs in exchange for s27’s legitimate Bored Ape and Mutant Apes. The scammer used images of actual Bored Apes to create fake replicas and uploaded the same ones to OpenSea.
-https://www.theblockcrypto.com/post/140702/bored-ape-holder-loses-nfts-worth-567000-to-a-scammer
where: kiwi.swap
Who: anon & s27
When: 4/1-3/2022
It’s unclear if the scammer actually used Photoshop or some other editor.
4) Hydra Darknet Market bust
when: 4/5/2022
what is Hydra:
