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 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 123ETH .Prominent decentralized finance platforms QuickSwap, SushiSwap as well ApeSwap were used for the hack.
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.
Binance SmartChain (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.
The Binance SmartChain 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.
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.
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 ... .
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 ...
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.
The exchange was hacked for $4,000ETH (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 ... ....
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 ... ....
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.
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.
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?.
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! ... .
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.