2018-12-31 17:04 |
This year $878,000 have been reportedly awarded to hackers by blockchain companies on vulnerability disclosure platform HackerOne
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Cryptocurrency transfers work because of the software developed by programmers like Satoshi Nakamoto and many other innovators along the way. As with all software, however, blockchain protocols are not perfect, and over the last decade black and white hat hackers have revealed many bugs.
2018-12-31 02:00 | |
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Bitcoin may have been dubbed the “world’s most secure transaction settlement layer” by Anthony Pompliano, but the industry surrounding the protocol may not be all too secure. Case in point, crypto startups have forked out over $878,000 in bounty to white hat hackers in 2018, specifically for solving bugs that slipped under the radar.
2018-12-31 01:00 | |
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While hardcore cryptocurrency enthusiasts often tout blockchain for its heightened security, the technology is not perfect – and there are often tons of vulnerabilities in the code. Indeed, blockchain companies have received at least 3,000 vulnerability reports in 2018 alone.
2018-12-30 10:00 | |
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North Korean hackers deploy new 'Durian' malware to target South Korean crypto firms, with potential links to the notorious Lazarus Group uncovered. The post Kimsuky hacking group targets South Korean crypto firms with new malware — report appeared first on Crypto Briefing.
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: “The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.
A hacker exploited a bug in a newly launched gaming token on Blast network — Super Sushi Samurai — to steal roughly $4. 6 million worth of Ethereum on March 21 — less than a month from its launch.
Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb.
Bitcoin has broken the $53,000 level for the first time since Dec. 4, 2021, and is currently sitting around $53,538 as of press time. Ethereum is also up on the day, surpassing $3,150, an increase of 4% on the intra-day low.
Orbit Chain is coordinating its investigation with the Korean National Police Agency and KISA (Korea Internet & Security Agency), and Theori.
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.