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Hack
Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.
US Crypto Bill Pile Up; Philippines Binance Warning
Senate proposal suggests responsibility for Bitcoin and Ethereum should lie with the CTFC. Philippines’ SEC warns public not to invest with Binance. Solana blames Slope mobile wallet app for exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
BTCS CEO: Ethereum Could be Crypto’s ‘Silver Lining’
Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential factors behind the ETH rally and its impact on the overall markets. “I think Ethereum could definitely be a silver lining here,” Allen said.
Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise
Approximately 8,000 crypto wallets were hacked Tuesday with at least $5 million worth of Solana-based tokens drained from unsuspecting users. Ledger Enterprises Global Head Alex Zinder weighs in on the exploit and how Ledger protects its customers. “Security is really the precursor to mass adoption and scalability,” Zinder said.
ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals
The self-titled “world’s most secure” exchange may be the third crypto company to suffer a multimillion-dollar exploit this week.
Chainalysis Estimates $2B Stolen From Cross-Chain Bridge Hacks This Year
This week, hackers used a vulnerability on the Nomad bridge to steal $190 million worth of crypto.
Nomad’s US$200 Mln Hack; Saylor Steps Down
Over 300 perpetrators suspected in Nomad cross-chain bridge hack. BItcoin and Ethereum fall after stock market jitters over Pelosi visit. MicroStrategy CEO Michael Saylor moves to chairman role to focus on Bitcoin. Crypto tax service launches in India.
Magic Eden COO on Multimillion Dollar Solana-Based Crypto Wallet Hack: 'It's an Education Thing'
Over 8,000 “hot” Solana-based crypto wallets have been compromised in an ongoing exploit amassing at least $5 million. Zhuoxun Yin, COO and co-founder of NFT marketplace Magic Eden, discusses what this means for Magic Eden and NFT application builders. "This is sort of a longer-term education piece that will continue to be a strong narrative," Yin said.
Hackers Return $9M to Nomad Bridge After $190M Exploit
The popular Ethereum to Moonbeam bridge is working with law enforcement and data analytics firms.
Solana's SOL Token Holds Price Support Despite Hack
Early Wednesday, an unknown attacker drained at least $5 million of SOL and other tokens from Solana digital wallets.
