Incident Overview
2gether CEO Ramón Ferraz Estrada has reported security a breach in a series of tweets. He explained that on July 31st, they experienced a cyberattack on their servers, which led unknown hackers to steal cryptocurrencies worth $1.4 million from 2gether investment accounts.
While the funds were stolen and an investigation was under progress, Ramón assured that no sensitive data like customers' payment information that card data used for buying cryptocurrencies, or banking details were stolen, but the passwords were breached by the hackers anyway. Thus, it’s advised to change them as logical security practices.
Incident Report
Protocol Information
Market Context at Time of Hack
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to 2gether, these are the critical security checks that could have prevented this incident (July 2020).
- Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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Learn to Prevent the Next 2gether
The 2gether hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.