Latest News for: Blockchain hackers

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Methods Blockchain Developers Use to Secure Their Crypto Projects

BTC Manager 29 Sep 2022
Developers in blockchain technology have frequently ...
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The Ethereum Merge: What Is Trading Headed Towards?

NewsBTC 28 Sep 2022
Can The Merge Secure Ethereum Against Hackers?. There is a lot of money involved in crypto, and the blockchain is a prime target for online hackers ... The blockchain will always have weak spots for hackers to take advantage of; The Merge has arguably made advances to secure the Ethereum network.
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8 Problems with Play-to-Earn Crypto Games

Bitcoin Chaser 27 Sep 2022
... blockchain projects are generally centralized, among others, the easier it is for hackers to find weakness to exploit. One of the biggest hacks this year occurred on the Axie Infinity blockchain thanks to a weakness in the protocol that North Korean hackers were able to exploit.
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Alcala Resumes Operations After Printing Over $3 Billion in Stablecoins by Mistake

BitRSS 27 Sep 2022
Some blockchain projects have to deal with hackers, ...
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Draper University and CEEK Launch Revolutionary VR and Metaverse Hacker House

Eagle-Tribune 26 Sep 2022
SAN MATEO, CA / ACCESSWIRE / September 26, 2022 / The House of CEEK is the first-of-its-kind virtual reality hacker house which will see the top applicants gathering at Draper University's immersive campus in Silicon Valley to build experiential destinations for the CEEK Metaverse and battle for over $160k in cash, tokens, and virtual land.
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Web2 Vulnerabilities: An Overlooked Danger For Web3 Projects

Binance Blog 23 Sep 2022
Over the last few months we’ve seen a number of Web3 projects targeted by hackers using Web2 exploits to steal hundreds of thousands of dollars in user funds ... Blockchain technology has revolutionized finance ... And so hackers are starting to use Web2 vulnerabilities as attack vectors when looking to steal project and user funds.
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Plans To Cut Transaction Fees Leave Arbitrum Susceptible To Attacks

Bitcoinist 23 Sep 2022
The vulnerability would have left the network porous and allowed hackers to steal funds from the Ethereum network ... The white Hat hacker got rewarded with 400 ETH for helping to flag the bug ... The hacker discovered that all incoming transactions pass through the bridge by message to a Delayed Inbox on the Arbitrum blockchain.
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Coinfirm’s Atomic AML Oracle Expands Across 9 Blockchains and 1,000 Addresses

Eagle-Tribune 23 Sep 2022
The number of addresses blacklisted – covering the OFAC sanctions lists, terrorism financiers, narcotics traffickers, arms dealers, major recent hacker wallets, and other high-risk flags – by the service has grown steadily to encompass 1,000 on each blockchain supported by the Atomic AML Oracle.
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Telos Brings Blockchain to Ivy League Campuses With Hack Boston & Workshops At Harvard University

Bitcoinist 22 Sep 2022
Blockchain technology is of great interest to participants of hackathons ... Given the growing interest in blockchain technology, it is plausible to assume there will be more hackathons and similar events ... As a result, attendees will gain a better insight into blockchain technology and its possibilities ... Reaching A New Era For Blockchain Technology.
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Market maker Wintermute tells hacker to return funds or face legal action

The Block 22 Sep 2022
Market making firm Wintermute has sent a message over the Ethereum blockchain to the hacker that stole $160 million from the firm on Tuesday. Sent at midnight UTC on Thursday, the message told the hacker to return the funds by end of the day, or else Wintermute would proceed to approach the authorities.
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Paypal, bitcoin, and the weaponisation of money

Moneyweek 22 Sep 2022
The weaponisation of money makes a strong case for buying bitcoin. © Artur Widak/NurPhoto via Getty Images ... The Times’ headline “Chancellor on Brink of Second Bailout for Banks” was even embedded into the very first block in the blockchain – the genesis block. Here was a money system that nobody, whether government or hacker, could print or debase ... .
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As blockchain evolves as a technology; businesses look to implement it to create a safer environment

Financial Express 20 Sep 2022
It is believed that blockchain has outgrown its infancy, and businesses have now been able to utilise it in its mature form ... According to Mahajan, blockchain now supplements and improves the current legal framework ... It is believed that blockchain can prevent cybercrime by making it more difficult for hackers to tamper with data.
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Crypto Market Maker Wintermute Hackers Drain $160M, Profanity Bug Suspected

CryptoPotato 20 Sep 2022
We will communicate with both affected teams asap.” Blockchain expert ZachXBT has managed to locate the hacker’s wallet, which held $13 million in Wrapped Bitcoin (WBTC), over $9 million worth of ETH, and $38 million in addition to other ERC-20 tokens as of Tuesday.
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1inch Network warns investors on account of cryptocurrency vulnerability in Profanity

Financial Express 19 Sep 2022
A follow-up investigation by blockchain investigator ZachXBT stated the exploit of the vulnerability which allowed hackers to conduct the draining of $3.3 million in cryptocurrencies.  ... However, hackers have shown the behaviour of targeting bigger wallets before moving over to wallets having lesser value.
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Metaverse-based LootMogul clocks $200 million investment from Gem Global Yield

Financial Express 17 Sep 2022
On the basis of information by Cointelegraph, the move follows a partnership announced in August with the open-source blockchain DigitalBits for the creation of the MOGUL tokens, a native token for the purpose of its gaming ecosystem ... Blockchain based Wire Network unveils its interoperability protocol.
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