The attacker used a decentralized mixer that makes it hard to trace the origin of cryptocurrency transactions.
Crypto hacks have continued to flourish despite best efforts to minimize them.
In the heat of the exits and speculations, Tesla CEO Elon Musk has now revived his lawsuit against OpenAI and CEO Sam Altman
Australian Federal Police (AFP) teams up with blockchain firm Chainalysis to disrupt cryptocurrency crime. The Policing Cybercrime Coordination Center (PCCC) shares wallet data, trains officials on tracing stolen funds, and develops real-time scam detection strategies.
The hacker appears to be trying to cover their tracks while also preparing to launder the stolen funds.
The hackers involved in these attacks often used crypto mixers like Tornado Cash to obscure the origins of the stolen funds and evade detection.
Meta plans to increase its capital expenditures in AI by next year. These funds will help the company focus on research and development in artificial intelligence, which is expected to play a crucial role in its future growth.
The first competition is the Premier League opener against Fulham on 16 August. It is fully based on the real-life actions of Manchester United players, including goals, assists, tackles, and saves.
WazirX already launched two bounty programs. One involves a $10,000 prize money in Tether for information that leads to freezing the stolen funds. The second is a “white hat recovery” bounty of 10% of the recovered fund.
Once Terra blockchain discovered the attack, the team launched emergency measures to contain the situation. This helped prevent further damage and ensure that more tokens are not siphoned.
This incident comes at a time when Sanctum Protocol has been touching skies. In June, the protocol’s total value locked (TVL) surpassed $1 billion.
Some of the perks of the partnership are seamless integration, extensive reach stemming from JamboPhones operations in over 126 countries and enhanced engagement.
To make prediction markets more effective, Gnosis AI is creating AI agents to act as rational market participants.
This incident is part of a broader wave of DNS hijacking attacks targeting DeFi platforms that use Squarespace for domain management.
The daunting side of the question posed by Elon Musk rests on the fact that Tesla had just reported its lowest profit margin in five years.