Feds Charge Chinese Hackers With Ripping Off Video Game Loot From 9 Companies
A group known as Barium allegedly attacked hundreds of targets around the globe—and manipulated in-game goods and currency. Powered by...
Over 15% of ETH Supply Locked in Smart Contracts, BTC Dominance Declining
The rapid growth of decentralized finance (defi) protocols is contributing to the increasing proportion of ETH supply that is now locked in smart contracts. More than 15% of the total ETH supply is now locked, compared to 11.5% from a year ago. This growth led to the inevitable decline of BTC dominance. According to a report, over 5% of ETH is locked up in the WETH (wrapped ether) smart contracts, enabling it to interact with other...
Global Digital Industry Group Launches Mining Business Bitworld
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed its mining head, Planck Danny as the CEO of Bitworld. Pictured above: Planck Danny at the Dubai Burj Khalifa office with his team. GDIG said the...
‘You Are Not Anonymous on Tor’ – Study Shows Privacy Network Offers Superficial Anonymity
Privacy advocates are growing leery of the Tor network these days, as recently published research has shown a great number of network’s exit relays are compromised. Furthermore, on September 15, the Hacker Factor Blog published a new Tor report that shows IP addresses being uncovered. The paper called “Tor 0-day” says that it is an open secret among the internet service community: “You are not anonymous on Tor.” For years now, a great...
Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker
Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All funds have been recovered from the attacker. We are restoring the system,” said Kyle Kistner, co-founder of Bzx, in a statement released on...
