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Topsy-Turvy Tale of White Collar Hacker and Binance 7000 BTC Hack Recovery
8.8.2019
Binance’s 7000 BTC which happened back in May theft is not unknown to anyone. A hacker with a pseudonym ‘Bnatov Platon’ was after the hackers who shaped this theft. The initial intention of Platon was selfless, and rather he wanted to bring justice. But this noble cause has soon turned sour. Platon...
Was Binance Discussing A Possible Re-Org: A Big Question Mark On Decentralization?
11.5.2019
Binance Exchange, the last standing warrior against cyber-attacks, was hacked a couple of days ago. Hackers took away 7000+ Bitcoins, which were valued well over $40 million. Soon after the hack was discovered, the world’s largest crypto exchange suspended withdrawals and announced that it would...
Bitcoin’s Software Has Been Rolled Back Before
9.5.2019
When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. However, most...