hacker

99,9% Wertverlust – beim Shiba Inu ist Vorsicht geboten

Der Hype um den alternativen Hundetoken Shiba Inu erreichte zuletzt ein ungekanntes Ausmaß. Investoren sind kritisch und schimpfen ihn Memecoin oder Shitcoin. Der leitende Entwickler von Shiba Inu, Shytoshi Kusama, hält dagegen.Gesponsert Gesponsert Quelle: Deseret Blicken wir ein halbes Jahr zurück Im Mai dieses Jahres befand sich der gesamte Kryptomarkt als Reaktion auf Maßnahmen der chinesischen Regierung im Sinkflug. China hatte den Handel mit und die Erstellung von Kryptowährungen stark eingeschränkt. SHIB wurde zu dieser Zeit von vielen als wertlos kritisiert. Die Erwartungshaltung war dementsprechend, dass Shiba Inu seine 15

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

How to Best Protect Your Money From Hackers as Crypto Markets Boom

“I got hacked and don’t even know how it happened,” mourned one crypto user on Twitter. “I left my wallet open in my browser on MetaMask and they got into my wallet. Lost all saitama, floki and hokk.”Sponsored Sponsored A small crypto investor, @ltjyaussie says he has always been careful with wallet security issues but did not know what hit him this time around. The Cyprus-based investor was a victim of a systematic attack. Against all his perceived defenses, he still got taken for a ride. He’s just one of

Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

White hat hacker paid DeFi’s largest reported bounty fee

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by

Crypto Hacker’s Data Vulnerable to FBI Through Palantir Glitch

A glitch in the Palantir system allegedly allowed the FBI  unauthorized access to data on a crypto hacker case from 2019. Sponsored Sponsored The Peter Thiel-founded AI company, Palantir faced unwelcomed news.  A new report claims the artificial intelligence giant faced a glitch in their secretive software program used by the FBI. Such a mishap allowed the FBI unauthorized access to private data for over a year.  Clients of this power intelligence software include the CIA, US immigration agency ICE, and the FBI among others. Sponsored Sponsored The accusation came from a

Poly Network hacker returns less than 1% of the $600M theft

These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show that $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens are being returned.So far, we have received a total value of $4,772,297.675 assets returned by the hacker.ETH address: $2,654,946.051BSC address: $1,107,870.815Polygon address: $1,009,480.809 pic.twitter.com/bPFAQk4mvS— Poly Network (@PolyNetwork2) August 11, 2021Data from BscScan also shows the

THORChain hit by another exploit; loses up to $7.6M

With the emergence of cryptocurrencies, also came a corresponding rise in ransomware attacks. Several security loopholes in the cryptocurrency space in general, and smart contract platforms in particular, have come to light over the last few years. Once hailed as foolproof, blockchains have fallen fall prey to illicit activities, an assertion evidenced by the numerous scams and fraudulent activities that ensued. The latest to fall victim to the same is THORChain, a popular cross-chain decentralized exchange. It’s in the news today after an exploit drained millions of dollars from the

ChainSwap saga: Platform hit again; MATTER, ROOM, others tank; compensation plan announced

On Saturday, a hacker attacked the cross-chain decentralized finance (DeFi) platform ChainSwap (ASAP), exploiting a critical vulnerability in its smart contract.Roughly nine days after its latest exploit, which resulted in losses of around $800,000, the project got drained for a significantly larger sum as more than 10 tokens have been impacted.ChainSwap hacker Many projects partnered with the cross-chain platform to bridge tokens between Ethereum (ETH)) and Binance Smart Chain (BSC) were affected, including Umbrella Network (UMB), Antimatter (MATTER), Dafi (DAFI) and Option Room (ROOM), to name a few.The team published a