Generating

2409+ related results were found.   
Subscribe Query
BeInCrypto
BeInCrypto
White Hat Hacker Saves the Day Amid $1.3 Million DeFi Exploit
3 days ago
SmartMoney Onchain
SmartMoney Onchain
followers

Lookonchain's data shows that a hacker attacked 2 wallets of Jihoz_Axie and stole $10.46M assets, including: 3.2M RON ($9.53M), 282.32 WETH ($834K), 160K PIXEL ($87K), 2.76M SLP ($10K), 2,042 USDC, and 164 AXS ($1,272). All assets were exchanged for 3,249 ETH ($9.6M) and deposited into TornadoCash.

3 days ago
Ui-Chain 超媒
Ui-Chain 超媒
followers

If you are a web 3 project party, you can do this 1. Spend 300,000 to build a good project that meets market demand, then go online, trial it on a small scale, and participate in a large scale after user experience, spontaneous publicity, and word-of-mouth spread (a bit like a growth hacker) 2. You can also build a rubbish project without spending money, and then spend 300,000 to attract KOLs to promote and guide users, RUG If you kol, you can do this 1. Spend $1,000 to invest in a good project that you have used and interacted with, and then share and promote it so that everyone can build with you to create greater wealth and prosperity together. 2. You can also charge the project partner 1,000 to 10,000 U.S. dollars to promote a spicy chicken project, guide users, and cut fans and leeks. If you are a user you can do this 1. Conduct in-depth research on projects, review relevant information, decide on investments based on your own investment logic and strategies, and then be responsible for your own investments. 2. Completely trust KOLs and strangers, make investment decisions based on KOLs or related information recommendations, and then you won’t be able to keep it even if you make money! Unable to obtain high multiples, I lost money and then scolded KOL and the project side. This circle always has too much of the latter and too little of the former. The original text of this article is from Chinese kol Rick and the author has deleted it. #strk #Portal #WLD #RNDR $BTC $ETH $BNB

3 days ago
Crypto
Hedera(HBAR)

$0.07

2.48%

Market Cap
2.37b
 

2.48%

Volume (24h)
27.60m
 

19.71%

Released on 17 Sep 2019
Cryptopolitan
Cryptopolitan
followers

Crypto networks like Bitcoin and Ethereum rely on decentralization and consensus mechanisms to maintain security and integrity. However, the threat of a 51% attack looms over these networks, where a group of miners controls more than half of the network’s mining hash rate, potentially allowing them to manipulate transactions. Understanding the cost implications of such attacks is crucial for assessing the security of these networks. Several sources provide estimates of the staggering amounts required to execute 51% attacks on Bitcoin and Ethereum. These costs encompass various factors, such as hardware, electricity, and operational expenses. Bitcoin and Ethereum’s power play and dominance According to recent analyses, attacking Bitcoin could range between $5 billion to $20 billion, while targeting Ethereum would necessitate over $34 billion. These figures highlight the immense financial resources needed to overpower these networks and the substantial deterrent against malicious actors attempting such attacks. A 51% attack happens when a single network miner or group of miners controls more than 50% of a blockchain network’s hash rate. By changing with blockchain data, the attacker might theoretically prevent transactions from happening on the blockchain, change the order of new transactions, and potentially reverse earlier transactions (known as “double spending”). However, a recent analysis found that carrying out attacks like this is monetarily unfeasible inside the present security configurations of Bitcoin and Ethereum. Based on the following factors and in reference to December 31, 2023, an Ethereum price of $2,279, a total of 28.8 million ETH staked, and an 899,840 validator count, CoinMetrics’ computations indicate that a 34% attack on the network would require an attacker to invest approximately $34.39 billion. In the event that the assault was to initiate on December 31, 2023, the assailant would have until June 14, 2024, to surpass the 33% threshold and seize control of the network. An assault on Bitcoin would likewise be deemed irrational. Scholars estimate that the production costs for the assailant would exceed $20 billion, given that they would be required to produce approximately 40 million S9 units. By December 2023, employing the most potent available ASIC, such as the forthcoming Bitmain S21, would cost approximately $5.6 billion, or about a quarter of the cost associated with utilizing the S9. This estimation comprises a unit cost of $2,240 and a production volume of 2.5 million machines. Although this strategy is more economical than the “naive” approach, it would require manufacturer cooperation to produce at this volume and with this level of efficiency, according to the research. However, potential retaliation and disruptions in the supply chain would likely befall the assailant. Bitcoin and Ethereum market performance While the evaluation may hold true for prominent blockchains such as Bitcoin and Ethereum, it does not apply to the majority of networks that have emerged within the last decade. In 2021, three 51% attacks were launched against Bitcoin SV, a blockchain that originated as a split from Bitcoin Cash and was primarily supported by Calvin Ayre and Craig Wright, both of whom are entrepreneurs.  Previously referred to as Zcoin, the lesser-known privacy-focused cryptocurrency Firo encountered a comparable ordeal. The Ethereum Classic platform was not immune to malicious actors. Our findings suggest that the current state of security in Bitcoin and Ethereum makes attacks economically unfeasible and provides empirical evidence of Nash Equilibrium in these networks. CoinMetrics’ Data According to the findings of the study, Bitcoin and Ethereum have attained a level of security where the costs and risks associated with 51% attacks substantially outweigh any potential benefits. This suggests that the desirability of hostile actions diminishes in comparison to alternative approaches, such as sincere participation in the network or abstaining from attacks. At the time of writing, Bitcoin (BTC) is worth $51,707.97, down 0.2% from an hour ago and 0.2% from yesterday. BTC’s value today is 9.7% higher than it was seven days ago. Ethereum (ETH) is worth $2,779.24 today, down 0.3% from an hour ago and 1.0% from yesterday. The value of ETH today is 11.7% higher than it was seven days ago. The global crypto market cap is $2.04 trillion today, down 0.62% in the last 24 hours and 74.33% from a year ago. As of today, Bitcoin’s market cap is $1.02 trillion, signifying a 49.96% domination. Meanwhile, stablecoins’ market cap is $140 billion, accounting for 6.87% of the total crypto market cap.

8 days ago
Crypto Daily™
Crypto Daily™
followers

The dreaded North Korean hacker collective Lazarus Group is now using the YoMix Bitcoin mixer to launder stolen funds after the recent crackdown on the Sinbad mixer.  The Lazarus Group is infamous for carrying out some of the largest crypto heists over the years, targeting a plethora of crypto firms.  YoMix Emerges As Alternative For Lazarus  Lazarus’ activities on YoMix were revealed in a report by blockchain analytics firm Chainalysis, which stated that the group moved its laundering operations from Sinbad mixer after it was sanctioned to YoMix. The report revealed that hackers associated with the group have resorted to using novel money laundering techniques, and are increasingly using cross-chain bridges to obfuscate the origins of the stolen crypto assets.  The Lazarus Group has historically used services such as Tornado Cash and the Sinbad Mixer to launder funds. However, the Chainalysis report revealed that the group has started using the services of a new mixer, YoMix. The Lazarus Group has been involved in several infamous hackings, such as those of Coincheck, Harmony, and Atomic Wallet.  Significant Increase Of Funds Into YoMix  In its report, Chainalysis reported a significant surge of funds flowing through the YoMix mixer, with data showing a five-fold increase in inflows. One alarming detail of these funds was that over one-third originated from wallets associated with crypto hacks. This indicated a significant reliance on YoMix by bad actors looking to obfuscate the origin of their funds.  The switch to YoMix indicates the adaptability of threat actors in the face of ever-changing security measures following the closure of previously popular avenues. Chainalysis also observed a shift towards less centralized money laundering practices at the deposit level. This observation was made even as laundering activities have become more centralized at the service level. This suggests that bad actors diversify their laundering activities across multiple services or deposit addresses.  Use Of Cross-Chain Bridges  Apart from moving to new mixing protocols, the Lazarus Group has also started using cross-chain bridges, enabling the seamless flow of funds through different blockchain networks. Chainalysis noted that bad actors transferred $743.8 million worth of crypto from addresses associated with hacks using cross-chain bridges in 2023. This is double what it was last year.  Despite the overall decrease in the total number of funds laundered compared to the previous year, using cross-chain bridges and other obfuscation techniques remains popular among cybercriminals. Chainalysis observed a general decline in the popularity of mixing services, with mixing services receiving $504.3 million worth of crypto, compared to $1 billion in 2022. Chainalysis attributed this decline to law enforcement and regulatory efforts.  “Much of this is likely due to law enforcement and regulatory efforts, such as the sanctioning and shutdown of mixer Sinbad in November 2023.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

8 days ago
NFT
Hacker Haiku
Floor Price
0 ETH
Total Volume
114.07 ETH
Minted on 11 Jan 2023
AZCoinNews
AZCoinNews
followers

Hayden Adams, the founder of Uniswap, took to Twitter on Tuesday, February 13, 2024, to alert the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams explained that he encountered a scam that involved someone buying an Ethereum Name Service (ENS) domain that was identical to his Ethereum address. ENS is a service that allows users to register human-readable names for their Ethereum addresses, such as “hayden.eth”. When he pasted his address into some UIs, the top result was an ENS match instead of the resolved ENS name, which could trick users into sending funds to the wrong address. He shared a screenshot of the scam on his tweet, which has since received over 2,000 likes and 500 retweets. He also posted a follow-up tweet, saying that the owner of the fake ENS domain contacted him and claimed that they did not realize the UI implications and were only speculating on its provenance. The owner also sent him the ENS domain and said they would do the same for similar ENS domains they owned. Adams said he was inclined to believe that the owner was not malicious, but rather naive, and that people will speculate on anything in crypto. However, he still warned that UIs should be aware of this potential phishing attack and avoid showing ENS domains that are identical to an address and probably avoid autocompleting ENS domains too. He also clarified some of the features and functions of crypto wallets, such as seed phrases, private keys, and public keys, and said that his team was working on improving the user experience and security of their wallet. Following Adams’ warning, Nick Johnson, the founder of ENS, expressed his view that interfaces should refrain from autocompleting names altogether, deeming it excessively risky. He noted that such a practice is discouraged in their user experience (UX) guidelines, which provide best practices and recommendations for developers and designers who want to integrate ENS into their applications. The ENS scam is not the first of its kind, as scammers have been using various methods to exploit the vulnerabilities and loopholes of crypto wallets and UIs. In December 2023, a hacker stole over $120 million worth of crypto from users of MetaMask, a popular browser extension that allows users to access Ethereum-based applications, by creating a fake version of the extension and tricking users into installing it and entering their seed phrases. The crypto community is advised to be vigilant and cautious when using crypto wallets and UIs, and to always double-check the addresses and names before sending or receiving funds. Users should also keep their seed phrases and private keys safe and secure, and never share them with anyone or enter them into untrusted websites or applications. Source: https://azcoinnews.com/uniswap-founder-warns-of-new-ens-scam-in-crypto-wallets.html

11 days ago
CoinSummer
CoinSummer
followers
  1. 🔬You can pay attention to opportunities 2. ❇️DeFi a. New items in the past day b. Project list c. Related projects SyncSwap has launched the 404 Warper function on the zkSync network Compound has voted to pass proposals 215 and 216, which will add 5850 COMP to the Base CometRewards contract The dYdX community proposes to lower the threshold for governance proposals and increase the maximum deposit period 3. 🌏Macro 4. 🐳 Giant whale movements Address labeled ZB exchange hacker transferred 1313 ETH to TornadoCash in the past 2 days A certain whale withdrew 95,400 LINK from Binance again Justin Sun: HT will continue to be destroyed. After this round of destruction, the total amount of HT will be 95 million. A giant whale withdrew 3 million BLUR from FalconX and pledged all of them 2756 BTC transferred from unknown wallet to Binance The address with the most MAVIA personal airdrops deposited 160,000 MAVIA into CEX yesterday, with the remaining holdings amounting to approximately US$5.1 million. Data: Multiple ETFs have purchased a total of 216,309 BTC, and GBTC has sold 153,773 BTC. The SPACE ID project party transferred a total of 18 million IDs to two addresses 21 hours ago Over 2.67 billion HEX were transferred to the destruction address, equivalent to approximately US$27.31 million
14 days ago
链上智者
链上智者
followers

[Golden Morning News | List of important developments overnight on February 11th] 1. In the past seven days, the NFT transaction volume on the Ethereum chain has exceeded US$150 million, and the market has been active; 2. BlackRock ETF increased its holdings of 5,264 BTC on February 10, showing its confidence in Bitcoin; 3. The Ethereum Dencun upgrade is expected to significantly reduce transaction fees and improve user experience; 4. A former U.S. senator warned that Bitcoin may weaken the U.S. dollar’s ​​status as a reserve currency; 5. Coinbase analysis shows that cryptocurrency voters will play an important role in the 2024 election season; 6. Starknet blockchain browser Voyager released the STRK airdrop data dashboard page for users to view; 7. PlayDapp has contacted the hacker through on-chain messages and issued a reward to request the return of funds; 8. Biconomy plans to tokenize RWAs worth trillions of dollars in the next 5 years to promote industry development.

15 days ago

Loading...