OpenZeppelin, a crypto cybersecurity company that provides an open-source framework to develop secure smart contracts, on Thursday U.S. time revealed the final results of the top 10 blockchain hacking techniques of 2022, in an effort to make the crypto space more safe. First and second place included a bug on the software node level of layer 2 scaling system Optimism and a vulnerability on the key generation level of vanity address generator Profanity. The Optimism bug, if exploited, causes “an infinite mint” of Optimism’s native token OP that “would collapse many (if not all) Optimism protocols,” while the vulnerability on Profanity put at least $160 million at risk, said Ashiq Amien, one of the six panelists on the project. All of the hacking techniques were already publicly disclosed in 2022, before the start of the project. Following Monday’s $200 million exploit of decentralized finance (DeFi) lending protocol Euler Finance, the reveal of top 10 hacking techniques is meant to highlight the best practices for security measures on various levels of blockchain code including the smart contract level, key generation level and node level. The project “helps to push security boundaries forward and strengthen the security of the whole ecosystem by basically accumulating all the research and ideally surfacing underrated research,” said Nikita Stupin, a blockchain security engineer and researcher at OpenZeppelin.
Full story : OpenZeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022.
