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By the time of writing, the Roll social token platform has not issued an official statement about the attack, although a representative for Roll confirmed that the project’s hot wallet was the target of the hack.Roll, a platform for minting and issuing social tokens, has experienced a massive attack, leading
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Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network's rising transaction fees. Expected to take effect in July of this year, the move would send a part of every transaction fee to the Ethereum network itself. Ether allocated in this manner would
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Russian punk feminist group Pussy Riot has released a new music video and is auctioning a series of four, non-fungible-tokens to accompany its release and raise funds for their art projects and local activism.The group first rose to prominence in 2012 after staging a guerilla performance of an iconoclastic feminist
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BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm. Source
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London-based cryptocurrency exchange Exmo suffered a distributed denial-of-service attack on Monday, causing the platform’s servers to become unavailable.In a tweet on Monday, Exmo reported that hackers had targeted the exchange with $75 million in trading volume in a distributed denial-of-service, or DDoS, attack. These cyberattacks typically overload a system with numerous
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The exchange said it's working to bring services back online following the attack. Source
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Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance were victims of one of the largest flash loan attacks ever Saturday morning resulting in a loss of funds totaling $37.5 million, according to transaction details on Etherscan. Two hours later Cream said its contracts were “functioning as normal” and
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XRP rallied hard on Saturday in a move similar to a crowd pump recently observed in out-of-favor stocks such as GameStop. The cryptocurrency jumped 56% to $0.50944 to hit the highest level since Dec. 22, according to CryptoX 20 data. That was the biggest single-day percentage gain since Dec. 21, 2017. The
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With XRP plunging in value following a wave of exchange delistings and trading suspensions, Ripple Labs issued a statement Tuesday vowing to respond to the United States Securities and Exchange Commission’s allegations against the company. The statement opens with the following message:“The public and press have only heard the story from
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Cover Protocol announced it’s exploring launching a new COVER token through a snapshot after its current one was abused in a minting attack by a “white hat” hacker on Monday morning.The hacker, which could be an individual or a small group, claimed responsibility for an exploit in the decentralized finance (DeFi) insurance
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