In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has been linked to the Lazarus Group, believed to be connected to North Korea. This information emerges
Surprisingly, the infamous North Korean hacking collective Lazarus Group currently possesses an astounding $47 million in digital assets, freshly sourced data reveals. A significant chunk of this, $42.5 million, is tied up in Bitcoin (BTC), with other assets such as
Screenwriters and studios in Hollywood have reportedly reached a deal to end the writers’ strike, with terms that include “protections for the use of AI in the writing processes.” The deal will end the nearly five-month-long strike by writers, which
The cryptocurrency exchange CoinEx has fallen victim to a massive hack, resulting in the loss of an estimated $53 million worth of Ethereum (ETH), TRON (TRX), and Polygon (MATIC). This cyber heist has left the exchange and its users reeling
While the broader crypto market is mired in a protracted slump, one segment has emerged as a phoenix rising from the ashes: liquid staking. According to a recent Bloomberg report, assets locked in liquid staking services have surged 292% to
Tornado Cash cofounder Roman Storm was released on bail on Thursday, Aug. 24, a day after the software developer was charged with money laundering and sanctions violations in the United States, according to his lawyer Brian Klein. Storm was arrested
The U.S. Department of Justice (DOJ) charged Tornado Cash developers Roman Storm and Roman Semenov with laundering over $1 billion in criminal proceeds, including hundreds of millions of dollars for stated-backed North Korean hacking group Lazarus. Tornado Cash is an
In a recent revelation, CoinsPaid, an Estonia-based crypto payments provider, disclosed details of a cyber heist that resulted in a loss of $37 million. It appears the culprits capitalized on the vulnerability of human trust. By masquerading as potential employers
Joseph Poon and Thaddeus Dryja first proposed Bitcoin Lightning Network for fast bitcoin transactions in 2016, and the layer-2 network went live in 2018. Binance is now integrating the Lightning Network into its operation, boosting the speed of transactions on
A team of PhD student researchers from Saudi Arabia have developed a new AI-powered tool, MiniGPT-4, which has similar attributes to OpenAI’s ChatGPT-4. Since ChatGPT was released in November and became a global hit, developers have stopped at nothing to
Controversial crypto investor Sifu of the Wonderland infamy, has reportedly lost $3.3 million after a hack of the SushiSwap token approval system. Sifu was ousted as treasury manager of the DeFi protocol following his identification in 2022 as Michael Patryn,
Twitter has made its timeline algorithm code available on GitHub and provided a blog post to clarify the reasoning behind the move. The article delves into the various factors considered by the algorithm in selecting tweets to appear in the
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