EthereumBeginnerCrypto hackers have capitalized on the recent Ethereum price plunge by purchasing a substantial amount of the cryptocurrency using funds stolen in the 2022 Nomad bridge hack. On August 5th, blockchain analytics firm Lookonchain revealed that the hackers acquired 16,892 ETH, valued at approximately…
#crypto#hackers
EthereumBeginnerJuly proved to be a tumultuous month for the cryptocurrency industry, with a staggering $266 million lost to hackers across 16 separate attacks. The most significant blow was dealt to Indian crypto exchange WazirX, which suffered a massive hack on July 18th, resulting in losses exceeding $230…
#crypto#hackers#scam
GeneralBeginnerCasper Network, a prominent blockchain platform known for its innovative approach to decentralized applications, has faced a serious security breach, leading to a temporary halt in operations. The incident has raised significant concerns about the security of decentralized finance (DeFi) protocols…
#crypto#defi#hackers
EthereumBeginnerThe hacker behind the February WazirX heist has consolidated $57 million worth of stolen Ethereum (ETH) into new cryptocurrency wallets. This latest development comes as the Indian exchange, WazirX, doubles down on its bug bounty program in an attempt to recover the misappropriated funds.…
#crypto#defi#hackers
EthereumBeginnerTornado Cash, which was sanctioned by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) earlier this year, has seen a surprising surge in activity. According to data from Flipside Crypto, deposits into Tornado Cash have reached nearly $1.9 billion in the first half of 2024,…
#court#crypto#hackers
EthereumBeginnerIndian cryptocurrency exchange has been shaken by a security breach, resulting in a reported loss of $235 million worth of digital assets. The exact exchange involved and the nature of the hack haven’t been officially disclosed yet, but Indian authorities are investigating the incident. This event…
#crypto#hackers#india
BitcoinBeginnerZachXBT has uncovered a money laundering operation allegedly tied to the Lazarus Group, a notorious North Korean hacking group. The group is suspected of being behind the May 2024 hack of Japanese cryptocurrency exchange DMM Bitcoin, where they stole a staggering $305 million in Bitcoin. According…
#crypto#hackers#scam
SolanaBeginnerDoja Cat, a popular rapper, has been targeted by hackers in a social media scam that resulted in significant financial losses for unsuspecting investors. According to reports, Doja Cat’s X account was compromised and used to promote a fake cryptocurrency named “Doja Cat (DOJA)”. The hackers…
#hackers#memecoin
EthereumBeginnerEthereum, the leading blockchain platform for smart contracts, is gearing up for its first-ever “Attackathon” – a hacking competition with a hefty $2 million prize pool. This initiative, announced on July 8th by the Ethereum Protocol Security (EPS) research team, marks the biggest crowdsourced…
#crypto#hackers#security
EthereumBeginnerHackers behind the 2021 PancakeBunny exploit have resurfaced. On July 7th, 2024, a wallet linked to the attackers transferred over $2.9 million worth of stolen Ether (ETH) through Tornado Cash, a cryptocurrency mixing service known for its ability to obfuscate transaction trails. The PancakeBunny…
#crypto#daos#defi
GeneralBeginnerTether CEO Paolo Ardoino has emerged as a proponent for localized AI models. He believes this approach is key to safeguarding user privacy and data security and preventing future hacks. Localized AI models, as Ardoino describes them, are those designed to run directly on user devices – smartphones…
#ai#chatgpt#decentralization