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Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant
1.5.2022
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change...
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
Deus DAO Exploited Again, Loses Reported USD 13M+ in Flashloan Attack
28.4.2022
Another day, another exploit. Deus Finance DAO seems to have lost at least USD 13m in its own latest flashloan attack.
The project which describes itself as a “decentralized bilateral OTC [over-the-counter] derivatives platform” has confirmed the attack, claiming that user funds are safe,...
Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
Bored Ape Yacht Club NFTs stolen in Instagram phishing attack
25.4.2022
The phishing attack coincided with the one-year anniversary of BAYC's launch, leading many users to believe that the link was authentic
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
24.4.2022
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie...
Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct
22.4.2022
A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved
Moonbirds NFTs Retain the Top Spot but Suffer Sybil Attack
18.4.2022
Moonbird NFT consists of 8,888 non-fungible Moonbirds. The team defines Moonbird NFT as the next-generation deflationary protocol on Binance Smart Chain. Its governance token is MBIRD, and the reserve token is SBIRD. MBIRD allows the holder to participate in the governance system of Moonbird, while...
MetaMask warns Apple users over iCloud phishing attacks
18.4.2022
The firm warned that If an Apple user has enabled automatic iCloud backups of their MetaMask wallet data, their seed phrase is being stored online
How the Play-to-Earn Industry Can Rebuild Better After the Ronin Attack
7.4.2022
Cosmos-Based Juno Blockchain Pushed Offline in Apparent Attack
7.4.2022
A malicious smart contract has put the network out of commission for over 24 hours and comes less than a month after a controversial governance vote
Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend
6.4.2022
Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets
Sky Mavis Raises $150M Round Led by Binance to Reimburse Ronin Attack Victims
6.4.2022
The round along with Sky Mavis and Axie Infinity funds will be used to refund users
Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far
5.4.2022
Last week’s $625 million exploit of the Axie Infinity sidechain underscores the risks of sacrificing decentralization for scale, Ethereum boosters say
Battlefield 2042's First Serious Changes Are Coming (Slowly)
5.4.2022
As much as I’ve enjoyed Battlefield 2042, I’m also aware that most long-time fans of the series have not been enjoying the game’s launch, equipped with a long list of complaints that range from the game’s lack of polish to its overall feel. And while DICE have slowly been chipping away at some...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
2.4.2022
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information...
Ola Finance Exploited for $3.6M in Re-Entrancy Attack
31.3.2022
The attack took place on the DeFi protocol’s implementation on the Fuse blockchain
Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators
29.3.2022
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge...
Among Us Servers Have Been Down For Over 48 Hours Due To DDoS Attack
27.3.2022
Popular online indie sneak-and-stab simulator Among Us is currently facing an ongoing DDoS (distributed denial of service) attack. According to Among Us developers Innersloth, the game has been offline in both North America and Europe for over two days due to the attack. Read more
Elden Ring's Wolf Pack Ashes Are Loyal Pups, And Therefore The Best
25.3.2022
Elden Ring has a bunch of spirit ashes, ethereal summons you can call forth to aid you in battle. Some, like Banished Knight Oleg, are highly effective damage dealers, capable of wiping out even the toughest of bosses. Others, hm, not so much—looking at you, spirit jellyfish ashes. While each...