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Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
Hacks, bugs, scams and other things in Moneytech and Web3 that did not go as it was expected
In its under two months of existence, Friend.tech has pumped, died and been revived, then been cloned, hacked, and the clone reportedly hacked at a loss to protect its monopoly. Safe to say that our original skepticism towards the project is yet to have softened.
Ethereum's Holesky testnet, designed to replace the outdated Goerli, was relaunched successfully after an initial setback. Despite challenges, Ethereum's diverse development community remains robust, ensuring its competitive edge in the blockchain space.
The vulnerability could allegedly impact multiple applications. With no immediate fix on the horizon, the Lightning Network community may face significant challenges ahead.
Alexander MardarThe vulnerability could allegedly impact multiple applications. With no immediate fix on the horizon, the Lightning Network community may face significant challenges ahead.
Alexander MardarIn its under two months of existence, Friend.tech has pumped, died and been revived, then been cloned, hacked, and the clone reportedly hacked at a loss to protect its monopoly. Safe to say that our original skepticism towards the project is yet to have softened.
Jack MartinEthereum's Holesky testnet, designed to replace the outdated Goerli, was relaunched successfully after an initial setback. Despite challenges, Ethereum's diverse development community remains robust, ensuring its competitive edge in the blockchain space.
Alexander MardarMixin Network faced a $200 million loss due to a cyberattack on its cloud provider. The incident underscores the risks of blockchains’ reliance on centralized infrastructure.
Alexander MardarAs relations between the Russia and North Korean governments continue to cosy up, a Chainalysis investigation has found that since 2021, Russian crypto exchanges have been laundering stolen crypto used to fund the DPRK nuclear arms program.
Eva Senzaj PauramVitalik Buterin’s account on the X social media platform was recently hacked, and $691K stolen from unsuspecting followers. In June Bitboy Crypto’s account was similarly compromised, leading to followers losing $760K of funds. Is there something about the nature of crypto that attracts such scams?
Jack Martin$PEPE price is in freefall after 60% of the team account’s funds were sold. One co-founder blames team members for pulling the rug on the project, but the community is finding it hard to believe his story.
Eva Senzaj Pauram$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.
Jack Martin