Over the years, Mt. Gox has repeatedly backtracked on plans to reimburse the funds that the crypto exchange had barred its users from withdrawing — effective from Feb 25, 2014.
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Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'
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Phishing victim sends eye-watering $4.5M in USDT to scammer
On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange, before eventually arriving at an address purportedly owned by a scammer.
Phishing victim sends eye-watering $4.5M in USDT to scammer
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An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46 million phishing scam.
According to data from Etherscan, $4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending “ACa7.”
Blockchain security firm PeckShield, has labeled the address as being owned by a phishing scammer.
Another blockchain scam platform, Scam Sniffer, suggested on Sept. 20 that the funds were sent to an address linked to a “fake Coinone crypto mining exchange."
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
Ethereum layer-2 scaling solution Optimism (OP) has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes
At current prices, the sale will see $159 million worth of OP tokens change hands.
While some observers feared the sale would bring about depressed prices from Optimism “dumping” its tokens on the market, it seems unlikely that the sale of the tokens will have any material impact on the price of OP, due to the sale being private.
Additionally, the tokens are being sourced from the unallocated portion of the OP token treasury — meaning that they are not part of the circulating supply.
Optimism (OP) token price over the past 30 days. Source: CoinGeckoAs explained on the Optimism website, the tokens are subject to a two-year lock up period, meaning that buyers are unable to sell them on secondary markets.
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Breaking: Mt. Gox trustee changes repayment deadline to October 2024
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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
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Bitcoin pioneer Hal Finney talks zk proofs in 25-year-old unearthed footage
A recently resurfaced video shows Hal Finney discussing the possibility of zero-knowledge proofs at an annual cryptology conference in California some 25 years ago.
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A recently resurfaced video shows Hal Finney discussing the possibility of zero-knowledge proofs at an annual cryptology conference in California some 25 years ago.
Australian regulator sues crypto exchange over margin trading product
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Balancer blames ‘social engineering attack’ on DNS provider for website hijack
The team behind Balancer, an Ethereum-based automated market maker, believes a social engineering attack on its DNS service provider was what led to its website’s frontend being compromised on Sept. 19, leading to an estimated $238,000 in crypto stolen.
“After investigation, it is clear that this was a social engineering attack on EuroDNS, the domain registrar used for .fi TLDs,” the firm explained in a Sept. 20 X post.
Approximately 8 hours after the first warning of the attack, Balancer said its decentralized autonomous organization (DAO) was actively addressing the DNS attack and was working to recover the Balancer UI.
At 5:45 pm UTC on Sept. 20, Balancer said it was successful in securing the domain and bringing it back under the control of Balancer DAO. It also confirmed its subdomains “app.balancer.fi” and other “balancer.fi” are safe to use again.
However, it suggested any other projects using the same top-level domain should consider moving to a more secure registrar.
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
イーサリアムベースの自動マーケットメーカー「バランサー」のチームによれば、9月19日にウェブサイトのフロントエンドが攻撃されて約23万8000ドル（約3520万円）の仮想通貨が盗まれたのは、DNSサービスプロバイダーに対するソーシャルエンジニアリング攻撃だったのが原因だった。
バランサーは9月20日の投稿で、「調査の結果、これは.fi TLDを使用するためのドメイン登録業者であるEuroDNSに対するソーシャルエンジニアリング攻撃だったことが明らかだ」と説明した。
最初の攻撃から約8時間後、バランサーはその分散型自治組織（DAO）がDNS攻撃に積極的に対応し、バランサーのUIを回復する作業を行っていると述べた。
9月20日の午後5時45分（UTC時間）に、バランサーはドメインの保全に成功し、それを再びバランサーDAOの管理下に戻すことができたと発表した。また、「app.balancer.fi」などのサブドメインが再び安全に使用できることも確認した。
また、同じトップレベルドメインを使用している他のプロジェクトに対しては、より安全な登録業者への移行を検討することを提案した。EuroDNSはルクセンブルクに拠点を置くドメイン名登録業者でありDNSサービスプロバイダーだ。コインテレグラフはEuroDNSにコメントを求めたが、まだ返答はない。