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Showing posts with label active exploitation. Show all posts
malware
active exploitation Bug Exploit CrossCurve EYWA malware

CrossCurve Bridge Hit by $3 Million Exploit after Smart Contract Flaw


CrossCurve, a cross-chain bridge formerly known as EYWA, has suffered a major cyberattack after hackers exploited a vulnerability in its smart contract infrastructure, draining about $3 million across multiple blockchain networks. The CrossCurve team confirmed the incident on Sunday, saying its bridge infrastructure was under active attack and urging users to immediately stop interacting with the protocol. “Our bridge is currently under attack, involving the exploitation of a vulnerability in one of the smart contracts used,” CrossCurve said in a post on X. 

“Please pause all interactions with CrossCurve while the investigation is ongoing.” Blockchain security account Defimon Alerts said the exploit stemmed from a gateway validation bypass in CrossCurve’s ReceiverAxelar contract. According to the analysis, the contract was missing a critical validation check, allowing attackers to call the expressExecute function using spoofed cross-chain messages. 

By abusing this flaw, the attackers were able to bypass the intended gateway validation logic and trigger unauthorized token unlocks on the PortalV2 contract, resulting in the loss of funds. The exploit affected CrossCurve deployments across several blockchain networks. 

Data from Arkham Intelligence, shared by Defimon Alerts, shows that the PortalV2 contract balance fell from roughly $3 million to nearly zero around Jan. 31. Transaction records indicate the attack unfolded across multiple chains rather than a single network. 

CrossCurve operates a cross-chain decentralized exchange and liquidity protocol built in partnership with Curve Finance. The system relies on what it describes as a Consensus Bridge, which routes transactions through multiple validation layers, including Axelar, LayerZero, and the EYWA Oracle Network. In its documentation, CrossCurve had described this architecture as a security advantage, stating that “the probability of several crosschain protocols getting hacked at the same time is near zero.” 

The incident, however, showed that a single smart contract flaw can still compromise a broader system. The project has backing from prominent figures in decentralized finance. Michael Egorov invested in the protocol in September 2023, and CrossCurve later said it had raised $7 million from venture capital firms. Following the exploit, Curve Finance warned users with exposure to EYWA-related pools to reassess their positions. 

“Users who have allocated votes to Eywa-related pools may wish to review their positions and consider removing those votes,” Curve Finance said on X. 

Security researchers said the attack echoes earlier bridge exploits, drawing comparisons to the 2022 Nomad bridge hack, in which about $190 million was drained after attackers discovered a faulty validation mechanism.
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vulnerability patch
active exploitation CISA advisory Cyber Security file transfer security Fortra GoAnywhere MFT software exploitation Threat actors vulnerability patch

Fortra's GoAnywhere MFT Software Faces Exploitation, No Evidence of Active Exploitation Detected

 

Reports on the exploitation of Fortra's GoAnywhere MFT file transfer software raised concerns due to the potential development of exploit code from a publicly released Proof of Concept (PoC). As of Thursday afternoon, there was no evidence of active exploitation.

Researchers from Shadowserver, in a post dated January 25, noted over 120 instances of exploits based on the publicly released PoC code. However, they suggested that widespread success for attackers is unlikely due to the limited exposure of admin portals (only 50) and the majority being patched.

The vulnerability, identified as CVE-2024-0204 with a CVSSv3 score of 9.8, enables hackers to remotely create a new admin user through the software’s administration portal. This issue emerged a year after the Clop ransomware gang exploited a GoAnywhere MFT zero-day vulnerability, compromising over 130 organizations. Fortra responded by releasing a patch on January 22, urging immediate action from security teams. The company had notified customers on December 4 and released the patch on December 7.

Ashley Leonard, CEO at Syxsense, emphasized the critical nature of the CVE, stating that the vulnerability allows unauthorized users to bypass authentication and create a new admin account remotely.

Despite the lack of active exploitation, the Cybersecurity and Infrastructure Security Agency (CISA) has not included the vulnerability in its Known Exploited Vulnerabilities (KEV) catalog. CISA defines "active exploitation" based on real-time success demonstrated by threat actors in the wild.

Ransomware groups have historically utilized file transfer software in their tactics, with examples like REvil using GoAnywhere MFT for deploying malware and exfiltrating sensitive data. Though REvil is no longer active, similar tactics persist, and groups like LockBit are known to exploit new vulnerabilities swiftly. Security experts advise organizations leveraging the software to patch immediately, considering the potential threat.

Callie Guenther, senior manager of cyber threat research at Critical Start, highlighted the relative ease of exploiting the Fortra GoAnywhere MFT vulnerability, described as a "1998 style" path traversal flaw. With the PoC available and the simplicity of exploitation, there are concerns that threat actors might start scanning for vulnerable instances of GoAnywhere MFT to exploit the flaw. While it's uncertain if CISA will include this flaw in the KEV catalog, they have previously issued advisories for similar vulnerabilities and added a remote code injection issue in Fortra's GoAnywhere MFT (CVE-2023-0669) to the catalog.
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