Latest News for: Blockchain hacker


Polygon-based protocol exploited in a TITAN-style attack; YELD crashes 100%

Crypto Economy 28 Jul 2021
According to the blockchain security and data analytics firm PeckShield Inc., hackers were able to mint 4,995 billion of native YELD tokens and later swap 4% of them to approximately 123 ETH .Prominent decentralized finance platforms QuickSwap, SushiSwap as well ApeSwap were used for the hack.

Roger Huang on how Bitcoin could one day be the world’s reserve currency

Cryptoslate 28 Jul 2021
Roger Huang is one such individual. Back in 2014, when crypto information was scanty and much of the industry considered a hacker’s basement paradise, Huang became one of the first writers focusing on cryptocurrencies, blockchain technology, and their cumulative role in the broader area of remittances and payments ... On how Huang got started in crypto.

BSC Announces Priority ONE: $10M Bug Bounty Fund to Increase Protocol Security

Crypto Economy 27 Jul 2021
Binance Smart Chain (BSC), a blockchain network developed by Binance, has launched a $10 million bug bounty program, Priority ONE, aiming to keep the BSC blockchain network secure by encouraging bug bounty hunters and ethical hackers ... If you found this article interesting, here you can find more Blockchain and cryptocurrency news.

Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security

Bitcoin 26 Jul 2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers ... the ethical hacker.

Thorchain suffers $8 million loss by hacker wanting to ‘teach lesson’

The Block 23 Jul 2021
The platform, which looks after $100 million in funds, is designed for exchanging crypto tokens across different blockchains. In this attack, the platform was exploited for $8 million as the hacker was able to trick the network into thinking they had deposited a range of funds, when they hadn’t, and then somehow getting a refund.

Emerging IoT Technologies You Need To Know In 2021

The Signal 23 Jul 2021
5G ... Cost-effective wireless video surveillance will enhance security measures ... It ensures that IoT applications can steadily process large volumes of data, communicate with integrated applications and stay resilient to hacker attacks. Blockchain. The convergence of blockchain and IoT is expected to result in something bigger than the internet itself ... .

Jax.Network vs. Payoneer: A Comparative Review

Cryptopolitan 20 Jul 2021
Cross-border remittance has always been centralized financial institutions like Payoneer before the advent of blockchain technology. The application of blockchain in the financial sector has given rise to new players in the industry, such as Jax.Network ... Jax.Network is a blockchain ...

Give Some Attention to The Reimbursements of Bitcoins That Have Made It a Top Cryptocurrency!

Cryptopolitan 16 Jul 2021
It is because all the transactions which you make by using bitcoin are carried on the very advanced and highly technical platform that is blockchain ... There is no risk when you make the bitcoin transactions as no possible hacker can crack the security of the blockchain network ... In the bitcoin blockchain network, your identity is not revealed.

THORChain (RUNE) says it lost $4.9 million in a recent DeFi attack

Invezz 16 Jul 2021
The exchange was hacked for $4,000 ETH (about $5 million) ... Bug in Bitrost allowed the hackers to succeed. During the investigation into the hacking incident, it was revealed that a vulnerability in Bitfrost opened the door for the hackers to succeed. The DeFi protocol links Polkadot with several other proof-of-stake blockchains ... ....

DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

Cryptoslate 16 Jul 2021
ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today. “During a live attack, the network has been halted ... Ironically, some of the network’s participants might’ve even profited from the hacker attack ... ....

Custom crypto-asset trading protocol Plethori adds security from QANplatform

CryptoNinjas 14 Jul 2021
The value of QANplatform’s quantum-resistant blockchain is that it provides security against the emerging threat to blockchain ... Blockchain ledgers are secure and unchangeable because they are decentralized ... Thus, blockchain is open to attack including vulnerable to hackers operating at speeds that can penetrate decentralized security.

Zilliqa Price Prediction 2021 – 2022

Cryptopolitan 12 Jul 2021
This post will shed light on the Zilliqa blockchain, ZIL cryptocurrency, and Zilliqa price prediction/forecast from 2021 through to 2022 ... Zilliqa integrates enterprise-grade security features that have gone a long way in ensuring that hackers cannot access its transactions or the DApps developed on the blockchain.

Mass internet outage shows why we need deeper decentralization of web 3.0

Cryptoslate 10 Jul 2021
So how did this happen? When considering the economic damage, and the recent spate of high-profile hacker attacks, most readers might be shocked to learn that the outage was due to something incredibly mundane ... Blockchain technology ... How can blockchain projects help decentralize the Internet?.
photo: Creative Commons
Bitcoin gold coins

Easy Steps That You Need to Follow for Investing in Bitcoin! – A Complete Guide ...

The Signal 09 Jul 2021
Bitcoin has now become one of the most popular things among traders and investors ... It uses blockchain technology which is a very highly advanced coding mechanism that helps in providing the best privacy to the user. Now hackers can hack the blockchain network, which is its specialty ... Step 1 ... Step 2 ... Step 3 ... Step 4 ... Step 5 ... The ending thoughts! ... .

Bitcoin – Demystifying the high-profile cryptocurrency

Mmegi Online 02 Jul 2021
The Bitcoin uses blockchain technology for tracking and validating transactions in the form of a fraud-proof database ... The cryptographic keys and the blockchain technology through its indelible virtual trail make it hard for hackers to steal anyone’s identity.