By Henry Birge-Lee, Liang Wang, Grace Cimaszewski, Jennifer Rexford and Prateek Mittal On February 3, 2022, attackers launched a highly effective attack against the Korean cryptocurrency exchange KLAYswap. We discussed the details of this attack in our earlier blog post “Attackers exploit fundamental flaw in the web’s security to steal $2 million in cryptocurrency.” However, […]
Attackers exploit fundamental flaw in the web’s security to steal $2 million in cryptocurrency
March 9, 2022 by
By Henry Birge-Lee, Liang Wang, Grace Cimaszewski, Jennifer Rexford and Prateek Mittal On Thursday, Feb. 3, 2022, attackers stole approximately $2 million worth of cryptocurrency from users of the Korean crypto exchange KLAYswap. This theft, which was detailed in a Korean-language blog post by the security firm S2W, exploited systemic vulnerabilities in the Internet’s routing […]