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As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token, or NFT, collection's official Instagram page and shared links to a fake airdrop with the project's followers.Crypto enthusiasts who connected their MetaMask wallets to the scam website were subsequently drained of their Ape
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In feudal Japan, the term ronin was used to describe a Japanese samurai without a master. Left alone due to the death of his lord, or loss of his privilege, a ronin was a warrior adrift, roaming at large, free from the constraints of loyalty. Expressed by two characters that
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According to Daniel Hwang, head of protocols at Stakefish, which runs a validator for Juno, members of the Juno community are trying to figure out who would have been motivated to execute the attack for no obvious financial gain. According to Hwang, token holders are pointing fingers at potential culprits
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Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to deal with noncustodial crypto wallets. Should the regulatory project make it to
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The round along with Sky Mavis and Axie Infinity funds will be used to refund users. Source
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When you look under the hood, bridges like Ronin’s typically work by locking up cryptocurrency in smart contracts on one chain, and then re-issuing those tokens in “wrapped” form on a destination chain. So for example, if you were to use the Ronin Bridge to move ether (ETH) from Ethereum
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The attacker began by withdrawing funds using Tornado Cash, which enables users to transfer crypto without leaving a trace. After transferring the funds to the Fuse network, the borrower used them as collateral to take out loans on Ola’s decentralized lending platform. Taking advantage of the re-entrancy bug, the attacker
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Recently launched nonfungible token (NFT project), “Rare Bears,” was hit with an attack, after a hacker posted a phishing link in the project‘s Discord channel, stealing nearly $800,000 in NFTs.Analysis from blockchain security firm Peckshield detailed that the attacker was able to steal 179 NFTs including “Rare Bears” and other
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Bitcoin plunges below $40,000 in the early hours of the weekend and proceeded to backpedal in the face of escalating tensions on the Ukraine-Russia border, not to mention ongoing inflationary unease. At the time of writing, the world’s most popular cryptocurrency was trading near $38,700, down 3.4% in the previous 24
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Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet by leveraging a phishing scheme. Attacker
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