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Quantum computers may soon breach blockchain cryptography: Report
5.1.2023
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either
Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11
12.2.2022
Alchemy raises $200 million in a Series C round, Hashstack launches collateral protocol on Harmony, and Bunny Finance forms DAO after a hack — all coming to you in this week’s Finance Redefined
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
4.2.2022
On February 2, 2022, the Wormhole Network’s ethereum ↔ solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds have been restored and Wormhole is back up.” The team has also said...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
3.2.2022
Reports indicate that the Wormhole Network’s ethereum ↔ solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The developers behind the Wormhole Network have told the public the network...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date
28.1.2022
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit...
What Google’s Quantum Breakthrough Means for Blockchain Cryptography
22.9.2019
We’ve been warned for years that a quantum computing breakthrough is just around the corner. When that day comes, we’re told, it could render existing encryption standards obsolete, threatening the security of every major blockchain. It seems that day has finally arrived, with Google...