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 ErgoBTC’s tweet, the bitcoin tumbler used by the alleged hacker to launder the 271 BTC is commonly used by LazarusGroup — the notorious North Korean state-backed cybercrime syndicate that has been linked to several crypto exchange hacks ...Details from blockchain ...
Zilliqa (ZIL) is the native token/cryptocurrency of the Zilliqa blockchain ... What is the Zilliqa blockchain network? ... 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.
Per blockchain records, it appears the alleged hacker has laundered almost all of the proceeds from the incident via TornadoCash, a “coin mixer” that serves to obfuscate the on-chain link between the source and destination of transactions on the Ethereum blockchain.
A report by the blockchain security company PeckShield said the attack against the popular crypto exchange resulted in 4,600 ETH being siphoned off the platform ... On the other hand, PeckShield reported that the hackers actually managed ...
Report says North Korean hackers stole fortune in cryptocurrency in 2021 ... One crypto user with nearly 350,000 Twitter followers, who posts under the handle @BENBALLER complained 4.28 ETH has been sold and questioned how a hacker made it past two-factor authentication which is supposed to make accounts more secure.
Decentralized finance — known as “DeFi”— is a sector within the blockchain industry that includes a number of applications that aim to disrupt and displace the world of traditional finance ... The origins of DeFi can be traced back to the launch of the Bitcoin blockchain, mainnet, in January 2009.
In this highly competitive and changing environment, it is important for developers to consider the processes that are key to understanding how different blockchains can meet specific needs ... By choosing to focus on the scalability and decentralisation of their software, blockchain platforms are at risk of being infiltrated by attackers and hackers.
North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms ... North Korean HackersStole $400 Million in CryptoLast Year. Blockchain analytics platform Chainalysis published an analysis on North Korean hackers and their unlaundered cryptocurrency holdings Thursday.
Cybercriminals linked to North Korea carried out at least seven attacks on cryptocurrency platforms last year, netting some $400 million in digital assets, according to blockchain analysis firm Chainalysis.
MPC) in the blockchain including ECDSA, Schnorr Signature, Bls Signature, and Bip32( i.e ... a set of smart contracts that allow developers and companies to get their smart contracts, blockchains, web3 applications etc., audited by the decentralized auditors’ and hackers’ community and makes it easy for everyone to secure their assets.
Polygon, a new blockchain in 2021, also got 12% of the brunt ... One reason for the increasing number of attacks comes from the rapid growth of blockchain DApps ... Another reason is that more and more hackers have noticed the increasing TVL of crypto and blockchain projects ... Uncover blockchain data and invest smarter with Footprint.
With such explosive growth, blockchain security became more important than ever.Hackers found new ways to play old tricks - Centralization issues were the most common attack vector exploited in the $1.3 billion in user funds lost in total across 44 DeFi hacks.
Some elements of DeFi systems, majorly based on the Ethereum blockchain, are still dependent on some centralised servers. Hackers, over the years, have gained an expertise in breaching normal servers... .
Mastercard acquires blockchain analytics startup, CipherTrace ... Mastercard acquires blockchain analytics startup, CipherTrace ... As a result, digital assets have become the currency of choice for a number of hackers and other criminals. Blockchain, on the other hand, is the public ...
On Friday, a Reddit post by Vitalik Buterin, the co-founder of Ethereum (ETH), underlined major security problems around cross-chain bridges in the blockchain ecosystem, which he believes are being overlooked.� ... For blockchains such as Bitcoin Cash, on the other hand, the cost can be as low as $13,846 per hour.