I decided to improve search-ability and usability of my public reading list by using GPT-3 to read all the articles I’ve added this month to: 1. Summarize 2. Generate...
Beyond the Headline: $163 Million in Profanity Related Losses
As disclosed by 1inch on September 14th, a vulnerability in Profanity an Ethereum vanity address generator was discovered. A day later $3.3 million was stolen from about a dozen vanity addresses including 0xBA5Ed… owned by the Index Finance Exploiter and 0x00000000000… which saves gas costs on certain contract interactions due to its leading 0s. Two days ago a Wintermute wallet which similarly used leading 0s to save on gas costs initiated $160 million in unauthorized transfers and CEO Evgeny Gaevoy confirmed the loss was likely linked to a Profanity-type exploit.