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Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

Source Node: https://coingape.com/93087-2/
Time Stamp: November 2, 2021 6:01 AM - Modified On: November 2, 2021 - Published By:
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The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

Secreteum: A decentralized encrypted messaging app

Source Node: https://ambcrypto.com/secreteum-a-decentralized-encrypted-messaging-app/
Time Stamp: October 6, 2021 5:00 AM - Modified On: October 6, 2021 - Published By:
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Messaging apps are ubiquitous – more than 3.6 billion people worldwide use them, with the average person sending up to 72 messages every 24 hours. Every day WhatsApp alone channels over 100 billion messages, while WeChat transmits 205 million video messages. With this popularity has come a darker side: that of hacked personal data, cybertheft, and government violations of privacy. The way messaging apps are designed, work, and are managed exposes them by default to many risks: Most messaging apps require the user to input sensitive personal data, including name,

This NFT Collection By This 12-Year Old Generates $5 Million In Record Time

Source Node: https://coingape.com/nft-collection-this12-year-old-generates-5-million-record-time/
Time Stamp: October 2, 2021 3:33 AM - Modified On: October 2, 2021 - Published By:
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The non-fungible tokens (NFT) space has been attracting a large part of the global developers’ community and even 12-year-old kids are joining the rush. Once such 12-year-old Benyamin Ahmed coder recently joined the developers’ team of Boring Banas Co. to create an NFT collection dubbed Non-fungible Heroes (NFH). advertisement This entire collection featuring 8,888 comic book-esque characters sold out in just 12 minutes for a record $5 million, as per the data on Dune Analytics. The NFT collection for NFH features heroes, villains, and gods, with their own storylines. “It

Cardano ($ADA) Announces New Stablecoin Issuer, Hoskinson Calls it Game-Changer

Source Node: https://coingape.com/cardano-ada-announces-new-stablecoin-issuer-hoskinson-calls-it-game-changer/
Time Stamp: September 27, 2021 2:15 AM - Modified On: September 27, 2021 - Published By:
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Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming @IOHK_Charles & @shahafbg announced that @COTInetwork would be the official issuer of #Djed, a new stablecoin for #Cardano https://t.co/ifm9S6WAz6 — Input Output (@InputOutputHK) September 26, 2021 advertisement Hoskinson believes the new kind of Djed stablecoins

Ethereum, Uniswap Price Analysis: September 27, 2021

Source Node: https://coingape.com/ethereum-uniswap-price-analysis-september-25-2021/
Time Stamp: September 27, 2021 1:10 AM - Modified On: September 27, 2021 - Published By:
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By John Isige Published 8 hours ago Updated 6 hours ago Ethereum leads altcoins into recovery after rebounding from last week’s crash to the 100-day SMA. Uniswap gains 35% in 24 hours, testing the $25 hurdle after leaving support at $17.5 in the rearview. The crypto market is making a comeback in the green with a bang as the week takes off. Trading over the week mainly favored the bulls after they defended crucial support levels last Friday. Volatility shot up following news that China has revolutionized crackdown on crypto

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Source Node: https://coingape.com/bitcoin-btc-whales-care-a-little-about-chinas-crypto-ban-accumulation-increases/
Time Stamp: September 27, 2021 12:19 AM - Modified On: September 27, 2021 - Published By:
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Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors’ reaction was obvious as the crypto market plunged immediately following the news. advertisement But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% up at a price of $44.030 and a market cap of $827 billion. It means strong whale purchases have recovered almost 80% of the last market dip. Citing data from Santiment, crypto analyst Lark

Bitcoin Price Forecast: BTC Bulls Keep Pushing To $48,000

Source Node: https://coingape.com/bitcoin-price-forecast-btc-bulls-keep-pushing-to-48000/
Time Stamp: September 27, 2021 12:06 AM - Modified On: September 27, 2021 - Published By:
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By John Isige Published 9 hours ago Updated 9 hours ago Bitcoin price rises above $44,000 after bulls defended support at $40,000 all weekend long. Bulls have eyes glued on the supply zone at $48,000, but first, the 200-day and the 50-day barriers must come down. Bitcoin remained stable above $40,000 throughout the weekend. Buyers managed to lift the largest cryptocurrency above $42,000 and closed the gap to $44,000. At writing, the bellwether cryptocurrency is dancing slightly above $44,000 while bulls put a fight to ensure that BTC closes the

Our communications about the data breach and the phishing attempts

Source Node: https://www.ledger.com/blog/our-communications-about-data-breach
Time Stamp: December 21, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
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12/21/2020 | Blog posts, Security Since we discovered the data breach in July we have been as open and transparent as possible and proactive in our communications to our customers. We sent an email to our whole database, approximately 1M people on July 29th, yet only 40% opened this security notice. The same day we communicated openly and proactively to the media: The Block, Decrypt, Capital…  on social media (Twitter, Reddit and Facebook).  This data breach led to aggressive phishing attacks against our clients. We communicated heavily about it. First,

What is Ferrum Network? A Guide to High-speed DeFi

Source Node: https://www.asiacryptotoday.com/ferrum-network-frm/
Time Stamp: August 14, 2020 2:53 AM - Modified On: May 21, 2021 - Published By:
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Decentralized finance has risen to become one of the foremost active sectors in the crypto space. With the establishment of decentralized ecosystems with global network effects and interoperability, they have successfully penetrated the fintech industry. One very interesting  DeFi project is Ferrum Network. Ferrum’s revolutionary technology brings networks together, for a consistently high-speed and low-cost transaction experience for each digital asset. It aims to overcome current problems in cryptocurrency usage in real-world finance applications. Table of Contents Background Founder Naiem Yeganeh, along with Co-Founder and COO Ian Friend, laid the

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

Source Node: https://cointelegraph.com/magazine/2020/08/12/blockchain-africa-women-bitcoin
Time Stamp: August 12, 2020 9:09 AM - Modified On: May 21, 2021 - Published By:
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It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by