Web3 and the future of data portability: Rethinking user experiences and incentives on the internet

Tech conversations are now peppered with a new, contentious buzzword: Web3, and we’re all likely to hear a lot more of it in the coming years. It’s an umbrella term for disparate ideas all pointing in the direction of making the internet more dec… Continue reading Web3 and the future of data portability: Rethinking user experiences and incentives on the internet

Web3 and the future of data portability: Rethinking user experiences and incentives on the internet

Tech conversations are now peppered with a new, contentious buzzword: Web3, and we’re all likely to hear a lot more of it in the coming years. It’s an umbrella term for disparate ideas all pointing in the direction of making the internet more dec… Continue reading Web3 and the future of data portability: Rethinking user experiences and incentives on the internet

Ex-Crypto CEO accused of 2016’s $11 billion Ethereum DAO hack

By Waqas
According to journalist Laura Shin and Blockchain data security firm Chainalysis, in 2016, a programmer, Toby Hoenisch, allegedly…
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Wormhole hack – Hackers steal $320M in one of the largest crypto heists

By Waqas
Wormhole has confirmed the hack but claims that the stolen funds have been restored and the vulnerability in…
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Hackers stole more than $320 million in cryptocurrency from DeFi platform Wormhole

A hacker stole $320 million worth of Ethereum cryptocurrency from a decentralized finance platform Wormhole on Wednesday. The attack is the largest against the cryptocurrency industry so far in 2022 and one of the top hacks of the industry to date. As of Thursday morning, all of the stolen funds were “restored,” the trading platform was back up, and an incident report was coming soon, according to tweets by the company. The vulnerability used by the attacker had been fixed, Wormhole said late Wednesday. The platform allows users to send Ethereum and Solana cryptocurrencies across two different blockchains. A preliminary analysis of the attack by blockchain security firm CertiK shared with CyberScoop found that the hacker was able to exploit a vulnerability that allowed it to create a fake Solana transfer that it used to claim real Ethereum. “We seem to be at an awkward point where the demand for […]

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Multichain hack: Hacker returns $1 million, keeps $150k as bug bounty

By Deeba Ahmed
The hacker turned out to be a “white hat” decided to return most of the stolen funds but…
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Crypto.com confirms suspicious activity after users report stolen funds

By Waqas
Several Crypto.com users reported that their wallets suffered suspicious transactions that stole thousands of dollars in Ethereum (ETH)…
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