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🚀 USPD Contract Suffers $1 Million Loss in Prolonged Attack

According to ChainCatcher, CertiK Alert has reported a security breach involving the USPD contract, resulting in a loss of approximately $1 million. The attack, which spanned two months, involved manipulation of stored data. Analysts have identified two phases in the attack: initially, the attacker executed a legitimate initialization transaction to insert a malicious intermediary proxy into the USPD stabilizer. Subsequently, the attacker used this proxy to grant privileged roles to their contract, exploiting these privileges 78 days later to carry out the attack.

#USPD #Contract #SecurityBreach #Loss #Attack #ChainCatcher #CertiK #MaliciousProxy #Stabilizer #Privileges #DataManipulation #CryptoSecurity
🚀 Polymarket Accuses Kalshi of Inflating Esports Trading Volume

A member of the prediction market platform Polymarket, known as shampoo, has accused rival Kalshi of inflating its esports trading volume through data manipulation. According to ChainCatcher, shampoo claimed on social media that Kalshi artificially increased its trading volume by approximately $1.7 billion by adding a generalized 'esports' category. In reality, the actual esports trading volume is around $63 million, which is less than 10% of Polymarket's esports trading volume.

Additionally, Kalshi is alleged to have counted the CS market twice by labeling it as both CS:GO and CS2.

Shampoo stated on social media that users can verify this situation by examining the API data in network requests.


#Polymarket #Kalshi #EsportsTrading #DataManipulation #TradingVolume #CSGO #CS2 #PredictionMarket #Shampoo