Bookmarking Crypto Insights
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“My Bitcoin was taken. How?” A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out. Go to Source Powered by WPeMatico
While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate. Go to Source Powered by WPeMatico
On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold … Read more
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield. Go to Source Powered by WPeMatico
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm. Go to Source Powered by WPeMatico
The industry is likely to see “further attempts from hackers targeting bridges in 2023,” while users are urged to be warier of their private keys. Go to Source Powered by WPeMatico
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK. Go to Source Powered by WPeMatico
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Go to Source Powered by WPeMatico
On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and he insisted he was “surprised that the crash did not happen earlier.” Buterin: Bitcoin Is ‘Not Succeeding … Read more
The demand for blockchain security experts comes amid a rise in crypto hackings in 2022. Go to Source Powered by WPeMatico
