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Breaking Web3: Exploitation Techniques for Cryptocurrency Hacking

Date

August 25, 2022

Time

17:30

Track

Main Track

In my previous presentations I have spoken about bridge vulnerabilities and how to exploit them by simple tools. This was an introduction to the core concepts of cryptocurrency hacking in a system where web2 and web3 are combined. This talk goes further into these exploitation techniques with a walk through of an imagined Web3/blockchain project which has the most common vulnerabilities present.

This talk covers:

– A full topology of a blockchain project and pointing our common points of vulnerabilities, common entry points for exploitation

– Exploiting a vulnerable Substrate node and breaching its ed25519/sr25519 private keys

– DoS attack against the network by resource intensive TX flood

– Social engineering users to sign transactions that actually steal all of their tokens

– Exploiting an ERC20-based smart contract with the stolen private key and stealing tokens

As a bonus, we will be hosting Crypto CTF Vol 9 Round 1 (cryptoctf.org) during HITBSecConf2022 – Singapore which will include challenges related to this presentation.

Speakers

Researcher

National University Singapore

Dr. Wang Kailong is currently a research fellow at National University of Singapore (NUS). He received his PhD degree from School of Computing NUS in 2022. He has worked as a Research Assistant in NUS while pursuing his PhD degree from 2016 to 2021. His research interests include mobile and web security and privacy, and protocol verification. His works have appeared in the top conferences such as WWW and MobiCom.

Co-Founder & CTO

Authomize

Mr. Gal Diskin is a cybersecurity and AI researcher. He was previously the VP & head of Palo Alto Networks’ Israeli site, and is a serial entrepreneur. Mr. Diskin’s research has been featured in HITB, Defcon, Black Hat, CCC, and other conferences, spanning fields from low level security research such as hardware vulnerabilities, binary instrumentation, and car hacking to high level research on AI detection methods, Enterprise security, and Identity security. Mr. Diskin was also the technical lead and co-founder of Intel’s software security organization, as well as the CTO of Cyvera and HeXponent (co-founder) before their acquisition.

Senior Security Researcher

Huajiang โ€œKevin2600โ€ Chen (Twitter: @kevin2600) is a senior security researcher. He mainly focuses on vulnerability research in wireless and Vehicle security. He is a winner of GeekPwn 2020 and also made to the Tesla hall of fame 2021. Kevin2600 has spoken at various conferences including KCON; DEFCON and CANSECWEST.

Security Researcher

Li Siwei is a security researcher. He specializes in Big data analysis and AI Security.

Founder, CEO

CloudSEK

Rahul Sasi is an Indian entrepreneur, Founder of CloudSEK, and a security expert. He was voted as the top influential Cyber Security person in 2015, he has made a significant open source contribution to the security landscape and is an invited speaker to over 20+ countries. He is part of the working committees of RBI and MeitY.
CloudSEK : https://cloudsek.com/
LinkedIn: https://www.linkedin.com/in/fb1h2s/

Senior Security Engineer

CloudSEK

Vishal Singh is working as a Senior Security Engineer at CloudSEK. His main responsibility includes handling the Research & Development of CloudSEK ASM. He loves automating manual effort tasks, and also likes net surfing & exploring new places in his free time.

Other Talks in This Track

LOCATION

CommSec Track

DATE

August 26

TIME

16:30

LOCATION

CommSec Track

DATE

August 26

TIME

17:30

LOCATION

CommSec Track

DATE

August 26

TIME

12:00