Hack
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 Drain Nearly $200M From Cross-Chain Token Bridge Nomad
Nomad bridge suffered an attack on Monday as hackers drained the protocol of virtually all of its funds to a total of nearly $200 million. "The Hash" panel discusses the latest crypto hack, how investors should protect their digital assets and the potential risks of cross-chain bridge models.
RPT: Axie Infinity’s Ronin Network Hack Started With Fake Job Ad
A fake job ad for Axie Infinity reportedly led to a sophisticated exploit in March that drained $625 million in crypto from the protocol's Ronin network, according to The Block. "The Hash" panel discusses the latest details of one of the largest hacks in DeFi history.
‘Move-to-Earn’ App Stepn Suffers Cyber Attack After Upgrade
Stepn, a “move-to-earn” application on the Solana blockchain that rewards users in crypto from walking or jogging, suffered multiple distributed denial of service (DDOS) attacks following a recent upgrade. “The Hash” panel discusses the significance after users were recommended to “get some rest.”
Beeple’s Twitter Hacked for ETH Phishing Scam
Graphic artist Mike Winkelmann, known in the NFT world as @beeple recently had his Twitter account hacked to promote a phishing attack that stole victims’ ETH funds. “The Hash” group discusses the need for education about cold storage as hacks continue to plague the crypto ecosystem, and holding Web 2 companies accountable for allowing these attacks and scams on their platforms.
US Government Warns Further Crypto Attacks From North Korea Following Axie Infinity Hack
Halborn Co-founder Steven Walbroehl discusses North Korea’s involvement in the over $600 million hack of Axie Infinity’s Ronin network and the role of blockchain analytics in uncovering the perpetrators. Walbroehl explains the probability of the funds being recovered, the use of social engineering, and the Lazarus group’s history of perpetrating online attacks. Plus, a conversation about the recent $182 million exploit of the Beanstalk stablecoin protocol.
