Aptos

Security

<ul class="news-points"> 
 <li>Upbit identified a $3.4B inflow in counterfeit APT tokens dubbed “ClaimAPTGift.com”</li> 
 <li>Definalist unveiled a failure to check the type of arguments when the scam occurred.</li> 
 <li>In the wake of the breach, Upbit suspended transactions but later resumed them.</li> 
</ul> 
In a dramatic unfolding of events, the <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a>, often thrashed by exploitation and security breaches, recently shook the community with a massive fraudulent deposit incident. On September 21, the South Korean crypto exchange Upbit identified a staggering $3.4 billion in counterfeit APT tokens dubbed “ClaimAPTGift.com” deposited in the exchange’s 400,000 Aptos wallets.&nbsp; 
An X (formerly Twitter) account run by a group of South Korean crypto traders, named ‘Definalist’ shared a post about the “huge and foolish incident.” Unveiling the hacker’s tactics, Definalist asserted that the scam occurred because “there was a failure to check the type arguments and all the same functions transfers were recognized as the same APT native token.”&nbsp; PeckShield Alert, the leading blockchain security and data analytics company, also<a href="https://x.com/PeckShieldAlert/status/1706126303139926229?s=20" target="_blank" rel="noopener noreferrer nofollow"> </a>shared an X thread, drawing their followers’ attention to the attack. 
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The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/upbit-resumes-services-after-a-major-security-breach-report/">Upbit Resumes Services After a Major Security Breach: Report</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Upbit Resumes Services After a Major Security Breach: Report

Coin Edition

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