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Ethereum’s CREATE2: A Double-Edged Sword in Blockchain Security
March 18, 2024, 1:05 p.m. | MalBot
Malware Analysis, News and Indicators - Latest topics malware.news
By Oded Vanunu, Dikla Barda, Roman Zaikin
Ethereum’s CREATE2 function is being exploited by attackers to compromise the security of digital wallets, bypassing traditional security measures and facilitating unauthorized access to funds.
The attack method involves tricking users into approving transactions for smart contracts that haven’t been deployed yet, allowing cybercriminals to later deploy malicious contracts and steal cryptocurrencies.
This vulnerability highlights the need for enhanced security measures in wallet security products to adapt to the evolving tactics of cybercriminals, …
access attack attackers blockchain bypassing compromise contracts cybercriminals digital digital wallets ethereum exploited function funds security security measures smart smart contracts transactions unauthorized unauthorized access wallets
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