Thursday, December 19, 2024
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Decentralized Governance in the Wild – Lessons From the KuCoin Hack

Blockchain-based networks provide a unique and unprecedented opportunity to experiment with new forms of organization – both organization of information and software processes as well as governing human action. But nobody ever said creating new forms of organization would be easy, or glitch-free.When a group of enthusiastic entrepreneurs or developers

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BitMEX charges, Bitcoin stays calm, KuCoin ‘identifies’ hack suspects

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week CFTC charges BitMEX with illegally operating derivatives exchangeThe U.S. Commodity Futures Trading Commission has charged the derivatives exchange BitMEX with operating an unregistered trading platform and violating Anti-Money

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Why traders are not worried that the KuCoin hack will drop Ethereum price

Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it doesn’t mean it’s laundered.All transactions made on the Ethereum blockchain network are traceable using blockchain explorers,

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Hackers Drain Kucoin Crypto Exchange’s Funds in Security Breach CoinDesk –

An Asian cryptocurrency exchange’s funds have been compromised in a security breach.The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 UTC time Saturday,

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