hack or exploit

Fake GIWA Layer 2 Bridge Drained of 766 ETH

0Importance
closedStatus
1News media
2Pieces
Published

A fake GIWA network moved about 766 to 767 ETH through a bridge after DYORSWAP treated it as the real chain, and the incident was tied to 1,335 bridged addresses. DYORSWAP later said it had repaid more than 200 ETH to affected users, while GIWA warned users to avoid unofficial RPCs, bridges and contracts as investigators tracked funds across multiple addresses. One report dated the bridge transfer to Sept. 27 and identified the bridge as impersonating the Upbit-backed GIWA network.

Key claims & sources

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The project warned users to avoid unofficial RPCs, bridges and contracts while investigators traced funds across multiple addresses.
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DYORSWAP said about 1,335 addresses bridged roughly 767.65 ETH into the fake GIWA network, and that affected users had received more than 200 ETH in reimbursements.
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A report said the fake Layer 2 impersonating Upbit-backed GIWA saw 766.25 ETH moved out of its Ethereum bridge on Sept. 27.

Market reaction i

EthereumETH the event is about this asset
first headline
+0.2% 2 h before
-1.3% 4 h after
$2,688price at publication
13data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 28 12:14
The Defiant scoop
Breaks the event: $2M
+6 h 47 m
Sep 28 19:01
DefiLlama hacks adds our clock
Sharpens the figure: $2.1M; brings into the story: DYORSWAP

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