Hackers are paying deep attention to decentralised apps (DApps) these days. Late last year, Chinese cryptocurrency platform Blockchain Truth reported that EOS blockchain lost around $1 million to hackers since July 2018.
This time around, blockchain security company PeckShield in a report indicates that as of April 30, 2019, four hacker attacks resulting in the loss of 17,630 EOS (around $80,000) happened on EOS.
A duplicate of the EOS attack, happened to TRON (TRX) DApps, and around $178,194 in TRX and BTT were allegedly lost. In total, around $258,000 were carted away from both TRON and EOS in April alone.
According to Coinness, the report emphasizes that the hack that happened on EOS DApps are duplicated on TRON. Talking on the EOS DApp security concern, the security firm alerts that there are indications that EOS DApp threat can transfer from on-chain to off-chain servers.
Dapp security issues move across chains, giving hackers the advantage to attack any blockchain vulnerable to the hack.
Meanwhile, on the 11th of this month, PeckShield’s data revealed a vital information on BTTBank Fake BTT attack. The data showed that the hacker’s account starting with TCX1Cay… created a TRC10 token named BTTx with token ID 1002278.
Within a short time, 40,000,000 BTTx tokens were moved into a several addresses which launched “fake BTT” attacks on BTTBank’s account starting with TXHFhq. BTTBank otherwise known has TronBank BTT, is regarded as an investment product of BTT token.
TRON Network is renowned for having increasing number of DApps within growing users. TRON DApps are performing excellently to the extent that at some points, its daily transaction volume doubled EOS and Ethereum combined.
With developments and incentives in place, a large number of Ethereum developers have fled the network to TRON, increasing its ecosystem with state of the art designs and innovations.