The hacker culture is a subculture of individuals who enjoy the intellectual challenge of creatively overcoming and circumventing limitations of systems to achieve novel and clever outcomes. The act of engaging in activities (such as programming or other media) in a spirit of playfulness and exploration is termed "hacking". However, the defining characteristic of a hacker is not the activities performed themselves (e.g. programming), but the manner in which it is done: hacking entails some form of excellence, for example exploring the limits of what is possible, thereby doing something exciting and meaningful. Activities of playful cleverness can be said to have "hack value" and are termed "hacks" (examples include pranks at MIT intended to demonstrate technical aptitude and cleverness). The hacker culture originally emerged in academia in the 1960s around the Massachusetts Institute of Technology (MIT)'s Tech Model Railroad Club (TMRC) and MIT Artificial Intelligence Laboratory.
According to CertiK, a blockchain analytic platform, the exploiter moved 365.69 ETH, worth roughly $600,000 at spot rates, to a new address ... It is not yet clear what the hacker intends to do with the $600,000. Cream Finance is a blockchain-agnostic DeFi protocol deployed on Ethereum, Fantom, Polygon, and the BNBSmartChain (BSC).
A “soft fork” refers to a backwards-compatible, upgraded version of the existing blockchain ... This is particularly true if the split occurs between the miners and the nodes, as it exposes the blockchain and its fork to hackers and thieves who could use their computing power to overcome the network to steal funds.
Passwords alone can no longer meet today's security needs; leveraging the immutability of the blockchain on the backend enables a seamless and password-less environment, allowing users to access accounts securely from all their devices with one click ... Blockchain technology can revolutionize the way passwords are secured and managed.
A hacker has allegedly moved stolen funds from six years ago from one wallet to another. In the details by Chainalysis, the hacker accumulated the funds in a string of operations since 2016 ... The hacker, also known as the Blockchain Bandit’ was famous for attacking Ethereum wallets with less sophisticated security keys.
The FBI accused two groups of North Korean government hackers of carrying out last year’s heist of $100 million in crypto stolen from a company that allows users to transfer cryptocurrency from one blockchain to another ...Hacker exploits Harmony blockchain bridge, loots $100M in crypto.
Last year, Harmony reported that unknown hackers ... Last year, Harmony reported that unknown hackers stole money from one of its blockchain bridges and that it was working with law enforcement and forensic specialists to identify the perpetrators and….
The hacker of Wormhole, one of the largest cross-chain bridges between Solana and other blockchains, has moved stolen funds of $155 million worth of ETH for the first time in months to a decentralized exchange ... Across a slew of transactions, the hacker made off with nearly 120,000 Wormhole Ethereum (WeETH) worth over $320 million.
North Korean hackers were behind the theft of ...Harmony, which has its headquarters in California, announced in June that hackers had stolen $100m in digital coins from Horizon bridge, a so-called blockchain bridge used to move cryptocurrencies between different blockchain networks.
In a Twitter thread on Monday, MistTrack said Lazarus passed the stolen funds through multiple exchanges and blockchains while attempting to cover their on-chain tracks ... Other funds were transferred to Ethereum, and then eventually to Tron, where the recipient addresses were related to a “USDT mixed network.” Blockchain Bridges.
The Lazarus and APT38 outfits perpetrated the June attack on U.S.-based blockchain specialist Harmony’s HorizonBridge, the FBI said in a statement. Horizon is an example of software that allows crypto tokens to move between different blockchains.
The Lazarus and APT38 outfits perpetrated the June attack on US-based blockchain specialist Harmony’s HorizonBridge, the FBI said in a statement. . Horizon is an example of software that allows crypto tokens to move between different blockchains.
The crypto community on Monday began noticing blockchain data showing that the funds were converted into staked Ether and then wrapped staked Ether — tokens that are supported on the Lido decentralized finance platform ...Wormhole is a communication bridge between Solana and other DeFi blockchain networks.