Latest News for: Blockchain hacker

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More security, transparency, and scalability: What blockchain needs for mass adoption

NewsBTC 28 Jun 2022
Shortly following the Ukraine rug pull, in March this year, hackers discovered a weakness in the Ronin blockchain used by popular play-to-earn platform Axie Infinity ... Gox exchange collapsed in a years-long attack by hackers ... Blockchain’s utility isn’t limited to just cryptocurrency, though.
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Hackers Begin Laundering Funds Stolen From Harmony’s Horizon Bridge

BTC Manager 28 Jun 2022
Hackers who made off with $100 million worth of altcoins from the Horizon blockchain bridge five days ago have begun disposing of their loot. $22 Million Worth of Ether Shifted to Tornado Cash In a Twitter thread posted on June ....
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This crypto hedge fund is in default on a R10 billion loan

Independent online (SA) 28 Jun 2022
Last week, the blockchain company Harmony announced that hackers had seized roughly $100 million in cryptocurrency by exploiting the firm's ethereum and Binance Chain bridge. Blockchain functions as a decentralized ledger, a record of transactions that is publicly available and verifiable but not maintained by any one entity.
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Hacker begins laundering funds from $100 million Harmony bridge attack

The Block 27 Jun 2022
The hacker responsible for stealing $100 million from Horizon, a cross-chain bridge tied to the Harmony blockchain protocol, has begun laundering the funds, according to reports by PeckShield ... The blockchain project has even offered to waive any law enforcement action should the hacker return the stolen crypto assets.
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XCarnival suffers $3.8 million hack, offers 1,500 ETH bounty to hacker 

Cryptopolitan 27 Jun 2022
However, the hacker has accepted a bounty offer to return part of the stolen funds ... Blockchain security firm PeckShield explained that the hacker manipulated the protocol by using a withdrawn pledged NFT as collateral to borrow more funds ... The team negotiated with the hacker to return half of the stolen funds while keeping the rest as a bounty.
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Hacked Lending Protocol XCarnival Gets $1.9M Worth of ETH Back

Crypto Economy 27 Jun 2022
However, the network was quick to make negotiations with the hacker. These hackers were ready to return half of the stolen funds after 24 hours of the incident. According to the network, these hackers exploited the flaw in a smart contract. Also, these hackers used a withdrawn Bored Ape Yacht Club NFT as collateral to borrow from the platform.
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Crypto scams: Invested due to FOMO? You could be a victim of one of these ...

BGR 27 Jun 2022
And unlike banks, blockchain lacks common know-your-customer (KYC) protocols ... Though blockchain is public and creates permanent, open-access records, people can transact on blockchain more or less anonymously — making it easy to trick you, take your money, and run ... on blockchain.
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Harmony Protocol announces a $1 million reward

Coinnounce 27 Jun 2022
Harmony Protocol is a proof-of-stake blockchain.
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Ethereum liquidity provider XCarnival negotiates return of 50% stolen ETH

The Coin Telegraph 27 Jun 2022
According to blockchain investigator Packshield, the hacker used a previously withdrawn pledged NFT from the Bored Ape Yacht Club (BAYC) collection as collateral to drain the assets ....
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U.S. crypto firm Harmony hit by $100 million heist

Gulf Daily News 26 Jun 2022
Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted ... Elliptic, which tracks publicly visible blockchain data, said the hackers stole a number of different cryptocurrencies from Harmony, including ether, Tether, and USD Coin, which they later swapped for ether using so-called decentralised exchanges.
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$100 million worth of crypto has been stolen in another major hack

Khaama Press 26 Jun 2022
Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge, in the latest major heist in the world of decentralized finance ... on the blockchain, bridges have become a prime target for hackers due to vulnerabilities in their underlying code.
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Crypto Moves – Bitcoin and Ethereum rise; Celsius prepares for bankruptcy; $100m heist hits crypto ...

Arab News 26 Jun 2022
According to the company, the heist targeted its Horizon bridge, which transfers crypto between different blockchains ... According to Elliptic, which tracks publicly visible blockchain data, the hackers stole Ether, Tether, and USD Coin from Harmony, which they later traded for ether using decentralized exchanges.
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Harmony announces a $1 million bounty for Horizon bridge stolen funds recovery

Cryptoslate 26 Jun 2022
Harmony network on June 24 revealed a hacker had exploited its horizon bridge and made away with $100 million. The Layer-1 blockchain, however, announced on June 26 that it is offering a $1 million bounty for its recovery ... The announcement of the bounty is perhaps a further attempt to encourage the hacker to return the proceeds of the exploit.
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Crypto Firm Harmony Hit by $100 Million Heist

The Epoch Times 26 Jun 2022
... in a string of cyber heists on a sector long targeted by hackers ... Thefts have long plagued companies in the crypto sector, with blockchain bridges increasingly targeted.
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Hackers steal $100 mn in crypto from Harmony Blockchain bridge

The Siasat Daily 25 Jun 2022
Hackers have stolen at least $100 million worth digital tokens from Harmony, the crypto startup behind Horizon Blockchain Bridge which allows users to transfer their crypto assets from one Blockchain to another ... In January this year, hackers stole crypto tokens worth $120 million from Blockchain-based decentralised finance (DeFi) platform BadgerDAO.

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