#hacking

Bittensor, a decentralized network for AI systems, has reported a hacking incident on July 2 that resulted in the theft of $8 million worth of TAO tokens.

CiberInteligenciaSV, the hacking group behind the security breach of El Salvador's state-run Bitcoin wallet Chivo, has started leaking portions of the app's source code. They had already disclosed the personal information of almost all adult users in El Salvador (5.1 million people) who downloaded the wallet.

The DeFi project Unizen has announced plans to refund victims of a hacking attack that resulted in losses of $2.1 million. Users who lost less than $750,000 will receive compensation "immediately."

Jeff Zirlin, the co-founder of EVM blockchain Ronin and the popular game Axie Infinity, suffered a significant loss of approximately $10.5 million in cryptocurrency following the hacking of two personal wallets.

A hacking group with ties to Russia, known as Anonymous Sudan, has claimed responsibility for the recent DDoS attacks that intermittently disrupted OpenAI’s ChatGPT services.

After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase. A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users. Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks. Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.

The Exactly Protocol has suffered a hacking attack. Running on the Optimism blockchain, this lending DeFi platform was targeted by malefactors who stole over 4300 ETH, totaling approximately $7.3 million. Both BlockSec and Beosin security agencies have corroborated the theft. The hackers reportedly found and exploited a weak point in the platform's smart contracts, although the finer details are still under wraps. UPD: The team at Exactly Protocol would declare a $700,000 reward for any leads on the hacker, should they not receive a response from the malefactor by the end of August 22nd. "You can return the funds, minus a 10% fee to you, without worries about us coming after you," the Exactly team conveyed in their message.

The exchange asserts that their computers showed no signs of compromise during the recent incident, pointing to the breach of their custodian, Liminal Custody, as the main factor.

The North Korean hacking group Lazarus is now impersonating the CEO of Fenbushi Capital, a Chinese digital asset management company, to launch phishing attacks on LinkedIn users, reports cybersecurity firm SlowMist.

On April 12th, a former senior security engineer for a major international tech company was sentenced to three years in prison. His crimes involved the hacking of two decentralized cryptoexchanges, as well as the theft of over $12 million in digital assets.

PlayDapp, the cryptocurrency gaming platform, is reeling from a massive $290 million token loss following two hacking incidents in just one week. The initial breach was on February 9, where a hacker managed to mint 200 million PLA tokens, valued at $36.5 million, presumably by cracking into the developers' private key.

‘We’ll be working with tier 1 auditors to strengthen our security around new features and push industry-leading practices in protecting our users,’ says Unibot’s team.

Atomic Wallet has landed in legal hot waters. This development comes after a hacking event that wiped out more than $100 million. The claimants assert that the developers neither informed the users about the security vulnerability nor contacted law enforcement after the breach. Many prosperous investors, some having affiliations with Russia, are included in the court case.

Ethereum co-founder has raised four primary concerns of Worldcoin: privacy, accessibility, centralization, and security. While Worldcoin's Proof-of-Personhood (PoP) system is designed to authenticate unique users without revealing personal data, Buterin warns that any data leak could lead to misuse of identity information. He also points out that accessibility is an issue, as participation requires physical access to a device called "Orb," potentially limiting the project's reach. Lastly, he mentions security risks such as phone hacking and coercion to scan irises. Despite these concerns, Buterin does see the value in the concept of Worldcoin, and suggests a combination of social-graph-based, general-hardware biometric, and specialized-hardware biometric techniques as a potential solution.