2023-5-28 11:08 |
The attacker used the lack of slippage control over tokens to steal the funds.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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CertiK analysis reveal that cryptocurrency hackers used the black-market IDs to evade detection. The analysis also reveals lack of proper staff training and equipment leads to these hacks as well as hackers being part of projects which they later hack.
2022-11-18 12:25 | |
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The term “utility” has been a source of concern for many NFT enthusiasts. The current NFT space has demonstrated a lack of innovation and a disregard for providing utility other than digital artworks being used as profile pictures across social media platforms such as Twitter and having little to no substance beyond that. Most NFT […]
2022-3-16 02:07 | |
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A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them.
2020-12-20 17:30 | |
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Since it was introduced in 2009, one of the biggest knocks against Bitcoin has been its lack of price stability. Bitcoin volatility has been a much-discussed topic over the past decade. Some believe that the price of Bitcoin is not stable enough to be used as a currency, while others believe that its price is becoming more stable with each passing day.
2020-10-26 20:10 | |
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Banks and traditional asset managers used to stay away from Bitcoin and other cryptocurrencies, fearing for their reputation and scared of lack of regulation and wild volatility. However, the recent performance proved that Bitcoin should not be ignored.
2020-2-4 19:00 | |
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Bitcoin’s lack of widespread acceptance by merchants and use by shoppers isn’t just because of the perceived technological barriers and a lacking ecosystem. Tax complications also plague would-be BTC spending.
2019-11-29 23:40 | |
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Special thanks to the Gitcoin team and especially Frank Chen for working with me through these numbers The next round of Gitcoin Grants quadratic funding has just finished, and we the numbers for how much each project has received were just released.
2019-10-30 04:03 | |
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The store of value narrative for Bitcoin has been gaining a solid amount of traction over the years, notably naysayers have used the supposed lack of solid data to deny the benefits of Bitcoin in an investment portfolio.
2019-10-12 11:00 | |
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Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! I used to often avoid any activity because of lack of motivation. However, smartwatches helped me gamify that process, and now I genuinely look forward to completing my daily step goal.
2019-8-30 14:43 | |
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It’s 2019, the Nintendo Switch is the vanguard of the next generation of video game consoles, and — in case you needed reminding — it still doesn’t have voice chat support. Well, at least the company hasn’t personally enabled it yet.
2019-7-24 22:05 | |
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When the anonymous social media app YOLO was launched in May 2019, it topped the iTunes downloads chart after just one week, despite the lack of a major marketing campaign. Designed to be used with social network Snapchat, YOLO lets users invite people to send them anonymous messages.
2019-7-22 20:00 | |
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When the anonymous social media app YOLO was launched in May 2019, it topped the iTunes downloads chart after just one week, despite the lack of a major marketing campaign. Designed to be used with social network Snapchat, YOLO lets users invite people to send them anonymous messages.
2019-7-22 20:00 | |
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First scalable decentralized social security network Project Introduction Asure Network is a layer 2 scaling network that enables fast, easy and secure transactions for not only payment transactions, but also generalized smart contract.
2019-7-18 11:03 | |
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Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.
2019-7-12 14:15 | |
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Following a Spanish investigation into a gang’s recently-busted money laundering operation, the nation’s police force claim to have exposed gaps in the European Union’s regulations designed to prevent money laundering.
2019-7-12 02:00 | |
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Speaking at the Bitcoin 2019 conference, Snowden stated that Bitcoin's lack of privacy was presently its biggest flaw, and he opened up about the encrypted services he used to communicate with journalists in 2013 (which he paid for with bitcoin).
2019-6-28 19:13 | |
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By CCN Markets: One of Africa’s largest insurers, Old Mutual, has announced it will no longer cover crypto mining equipment due to lack of regulation. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners.
2019-6-14 11:31 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-6-4 23:41 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value.
2019-5-31 23:41 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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The blockchain space has struggled with a lack of legitimate use-cases — but a new site solves that problem by generating revolutionary projects on demand. Thanks to marketeer Tamas Torok, cryptocurrency entrepreneurs can simply click a button to receive “inspired” applications of distributed ledger technology like the one below.
2019-5-14 18:43 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.
2019-5-11 21:34 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Consortium blockchains have shown their failures throughout recent history. From R3 Corda’s crippled partnerships with its banking partnerships to the agonizingly slow Hyperledger development times, consortium chains have shown that they presently lack the economic models, partnerships, and projects to remain viable in the present blockchain landscape.
2019-5-5 12:00 | |
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Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.
2019-4-21 11:03 | |
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Cambridge Reveals Lack Of Standard Terms Affect Cryptocurrencies And Regulators According to a recent study conducted by the Cambridge Centre for Alternative Finance (CCAF), the lack of standard global terminology for cryptocurrencies affects the ability to implement clear regulations in the space.
2019-4-17 22:11 | |
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Not everyone who used Mt. Gox or even who lost money on the disgraced bitcoin exchange is entitled to receive anything from the civil rehabilitation plan, a recent document posted to the failed exchange’s website reveals.
2019-4-5 23:30 | |
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Cryptomining manufacturer Bitmain has revealed the release date for its next-generation Antminer S17 series. The S17 set of miners includes the Antminer S17 Pro, Antminer S17 and the Antminer T17.
2019-3-30 23:28 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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Given how sleek and digital modern gaming is, it’d hard to remember sometimes just how weird and arcane it used to be — and just when you’d forgotten, here comes a game like StarTropics to remind you.
2019-3-19 01:54 | |
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Blockchain technology, especially in the form of cryptocurrencies and digital assets, is already extremely popular and widely used across the globe. Unfortunately, the United States is behind the times with this advanced technology largely due to a lack of overall government regulations.
2019-3-14 12:04 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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In the consumer world, personal data has been used as a “payment” for services, whether that be a Facebook account or a grocery discount or a loyalty rewards program. If you take the Facebook example, consumers “pay” for the service by supplying data which in turn makes the company money through ads that rely on this data.
2019-3-2 16:30 | |
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Decentralized payment processing service BTCPay Server announced a new service available through their platform on February 22, 2019: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups.
2019-2-27 23:26 | |
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BlockchainDefender is strongly interested in the trust that people have for cryptocurrency and blockchain projects. The company has released a report examining how a lack of trust affects the global market capitalisation of the cryptocurrency industry.
2019-2-5 14:28 | |
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Yet another tool is being added to Bitcoin’s growing number of privacy solutions. Thought up at a brainstorming event attended by Bitcoin developers and privacy researchers last summer, Pay to Endpoint (P2EP) is a relatively new trick that utilizes the well-known CoinJoin mixing technique to make blockchain analysis much harder.
2019-1-1 19:31 | |
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While most crypto investors are shooting for the moon, Blockstream is focused on things a bit closer to Earth: in the outermost layer of its atmosphere, to be exact.
2018-12-18 00:31 | |
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According to news outlet, News.Bitcoin.com, it has been unveiled that Russia is in heat for not having an appropriate regulatory framework on cryptocurrencies. Because of the problems that can arise from this issue, members from the Russian Lawyers Association and Blockchain Lawyers have decided to come together to create a standard that would be used […]
2018-12-17 08:42 | |
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After drawing a lot of criticism by their own community for the lack of communication, sloppy updates and almost no activities on the business side of the project, things are starting to swing back in the right direction for OMG.
2018-12-3 22:45 | |
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The Let’s Talk Bitcoin Network hosts several podcasts for regular discussion topics in the world of blockchain and cryptocurrency, including the popular weekly show What Bitcoin Did.
2018-11-20 22:58 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Our first blockchain conference is fast approaching, so what better time to take a moment to delve into one the more controversial aspects plaguing the cryptocurrency industry: stablecoins. Stablecoins are a special kind of digital asset.
2018-10-26 15:51 | |
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David Chaum, the cryptographer credited with starting the cypherpunk movement in the 1980s and launching eCash, an early form of virtual money in the 1990s, thinks people are taking financial privacy a lot more seriously these days.
2018-10-24 18:02 | |
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Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.
2018-10-23 23:22 | |
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Novogratz Says Tether Didn’t Do a Good Job to Create Transparency The billionaire and recognized investor, Mike Novogratz, has blamed Tether due to its lack of transparency to manage funds. Tether (USDT) is one of the most known and used stablecoin in the market.
2018-10-19 19:32 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Wars have been started and peace agreements signed, all over money-either a lack of it or the desire to control what’s valuable. Now, many people, including government leaders, understand that Bitcoin and cryptocurrency are valuable, and they know this new kind of money isn’t going away.
2018-9-27 21:30 | |
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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.