Latest News for: Blockchain hacker


Blockchain Analysts Suspect Hackers Linked To $70M Crypto Heist

MENA FN 22 Sep 2023
(MENAFN - Investor Brand Network) Blockchain experts suggest that hackers linked to North Korea are the likely culprits behind a substantial$70 million theft from the cryptocurrency exchange known ... .

What Are Bridges in Crypto? Cross-Chain Bridges, Explained

Changelly 21 Sep 2023
Have you ever wondered how cryptocurrencies can be seamlessly transferred between different blockchain networks? The answer lies in the concept of bridges in the crypto world ... Cross-chain bridges typically use the Lock & Mint and Burn & Release models to transfer assets between blockchains.Types of Crypto Bridges.

FEATURE – Breakaway Balkans micronation dreams of crypto future

Financial Express 21 Sep 2023
Is blockchain solution ... “Blockchain is about freedom, it’s about your individual responsibilities,” said Mladen Milankovic, a Serbian software developer visiting Liberland ... But blockchains can be vulnerable to interference from hackers and in the United States, DAO members have faced liability for security failures.

CoinEx Update: Exchange Set To Resume Deposits And Withdrawals After Exploit

NewsBTC 21 Sep 2023
Furthermore, CoinEx revealed that it is working with various blockchain security firms to trace the hackers’ addresses and recover the stolen assets. Interestingly, many security organizations and on-chain investigators have linked the attack to the North Korean hacker group Lazarus Group ... The crypto exchange added. ... .

Balancer Protocol Gets Compromised Second Time In Less Than A Month

Bitcoinist 20 Sep 2023
Blockchain Security Firms Confirm The Stolen Amount ... On-chain sleuth PeckShield shared screenshots on X that the hacker has stolen $238,000 worth of crypto ... Another blockchain security firm, ZachXBT, affirmed the transfer of stolen funds by sharing the hacker address where funds are being directed..

CoinEX restarts operations with a new wallet system

Cryptopolitan 20 Sep 2023
The exchange had previously outlined its commitment to developing a new wallet system that would support its extensive range of 211 blockchains and 737 tokens, all of which were affected by the hacking incident ... Blockchain analytics firm Elliptic has suggested a link between the hack and North Korean hackers known as the “Lazarus Group.”.

Hacked crypto exchange CoinEx set to resume deposits and withdrawals

Invezz 20 Sep 2023
CoinEx, the crypto exchange that recently suffered a major exploit resulting in hackers stealing $70 million, has announced that it will resume deposits and withdrawals ... That however grew to $70 million with blockchain security data showing North Korea-affilliated hackers were involved.

CoinEx Confirms $70 Million Hack Due to Compromised Private Keys

Coinnounce 19 Sep 2023
Hackers Gained Access to Hot Wallets, Triggering a $70 Million Theft ... Several blockchain security firms have attributed the hack to North Korean "Lazarus Group" hackers. The exchange has also initiated communication channels with the hackers in an attempt to reach a mutually agreeable resolution.

Coinex Cyberattack Tied To North Korea-Funded Hackers

MENA FN 18 Sep 2023
(MENAFN - CoinXposure) In a recent disclosure, 23pds, the Chief Information Security Officer at SlowMist, a distinguished blockchain security company, accused North Korean state-sponsored hackers ... .

Web3 music platforms are combining new tech with Web2 features to give artists better compensation ...

Business Insider 18 Sep 2023
Web3 is a decentralized internet powered by blockchain technology, offering music artists direct and transparent payments via smart contracts, increased control over their creative content and earnings, and ownership of their work through nonfungible tokens, which can be collected and enjoyed by their most loyal supporters.

Blockchain Justice: Exchanges as the gatekeepers of Web3

Cryptoslate 17 Sep 2023
In the blockchain and Web3 ecosystem, the specter of scammers, rug pulls, fraudulent schemes, and phishing attacks constantly looms ... When such incidents occur, a pivotal aspect of the hacker’s strategy is to convert stolen cryptocurrencies into fiat currency through exchanges.

North Korea hackers swipe $70 million in cryptos

Cryptopolitan 16 Sep 2023
Digital currency, once hailed as the future of money, now finds itself under siege from the rogue nation’s state-sponsored hackers ... While CoinEx has maintained a relatively neutral stance on the identity of these hackers, recent revelations by two blockchain research companies, Elliptic and Chainalysis, suggest North Korea’s involvement.

Chainalysis reveals new update about North Korean hackers

Cryptopolitan 15 Sep 2023
In a significant development, the amount of cryptocurrency stolen by North Korea-linked hackers has seen a substantial decrease, plunging by 80% from the staggering figures reported in 2022 ... These audits aim to enhance the security and integrity of blockchain-based smart contracts, potentially reducing vulnerabilities that hackers can exploit.

Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker

Bitcoin 15 Sep 2023
The exchange emphasized its mission to make “the world a better place through blockchain.” Coinex believes the hacker might “share similar aspirations.” The exchange seeks to initiate dialogue with the attackers, noting that a significant bug bounty would be awarded if the funds are returned.

Blockchain analysts suspect N. Korea-linked hackers behind $70m crypto theft

Reuters 15 Sep 2023
LONDON, Sept 15 (Reuters) - Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx ... Blockchain research firm Elliptic said that "a number of factors" indicate that the Lazarus Group - a hacker group associated with North Korea - was responsible for the attack.

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