Tag: hack

Web3's Wake-Up Call: Why CoinMarketCap's Hack Matters to You

Web3's Wake-Up Call: Why CoinMarketCap's Hack Matters to You

The CMC hack may seem yet another case of a data breach, this was different. This is when the entire Web3 community received what can only be described as a gut punch. If you still think this issue isn’t relevant to you, think again. We’re discussing people’s lives and livelihoods...

CoinMarketCap Hack: $43K Stolen! How to Protect Your Crypto

CoinMarketCap Hack: $43K Stolen! How to Protect Your Crypto

It’s an exhilarating time to be involved with the world of cryptocurrency that is so new and filled with opportunity. It, too, has been shoulder-deep in risks. Just as recently, CoinMarketCap, one of the most popular cryptocurrency price and market data platforms, was hacked in a sophisticated man-in-the-middle attack. This...

CZ Warns of Phishing Risks After Ledger Discord Hack

CZ Warns of Phishing Risks After Ledger Discord Hack

Changpeng Zhao, the CEO of Binance, has taken to social media to warn. Additionally, he pointed out the increasing dangers of phishing attacks, particularly those that aim at social media accounts. This advice follows a massive exploit on Ledger’s Discord server last week. A hacker gained access through a moderator...

Ledger Hack: Is Centralized Data a Crypto Achilles Heel?

Ledger Hack: Is Centralized Data a Crypto Achilles Heel?

We've seen it again. Another hack, another wave of panic, another reminder that in crypto, nothing is ever safe. This time, it was Ledger’s own Discord server, hacked to disseminate a phishing scam. Instead, they were sending users to a fake link asking for their recovery phrase. This ended up...

Wormhole's Second Chance: Can Community Save Crypto's Future?

Wormhole's Second Chance: Can Community Save Crypto's Future?

The crypto space eats that sort of redemption arc up. We need them. It’s remarkable proof of the resilience of the technology, but more importantly, the inspiring people behind it. Wormhole, fresh off its $320 million exploit, is trying to do just that. Is this truly a phoenix rising from...

Wormhole (W): 10x Potential or Crash Incoming? Deep Dive!

Wormhole (W): 10x Potential or Crash Incoming? Deep Dive!

Wormhole has become an important piece of infrastructure in the blockchain space, with the goal of connecting otherwise separate ecosystems. While its potential to act as an interoperability solution has led to waves of investment and interest, the project has experienced significant stumbling blocks. This article explores Wormhole’s opportunities for...

Wormhole's 10x Potential Hides a Fatal Flaw You Can't Ignore

Wormhole's 10x Potential Hides a Fatal Flaw You Can't Ignore

Wormhole. The name conjures up the most colorful and exciting images of imaginary sci-fi adventures across the cosmos! It represents the promise of what seamless cross-chain interoperability can be. The prospect of a 10x pump, driven partially by collaborations such as the one with Ripple, is very appealing. Don’t get...

Solana's 2020 Genesis: A Community Spark Igniting Blockchain Innovation

Solana's 2020 Genesis: A Community Spark Igniting Blockchain Innovation

March 16th, 2020. Mark the date. This wasn’t your average new blockchain launch. That was the day that the spark flew, inspired by a community hungry for change. Something faster. Something bolder. We're talking about Solana.If we’re being honest, the early days were terrible. Mainnet Beta sounded fancy, but it...

Solana's 2020 Launch: A Cautionary Tale of Speed vs. Stability

Solana's 2020 Launch: A Cautionary Tale of Speed vs. Stability

Did Solana sacrifice its soul at the proverbial altar of speed? That’s the question that’s been eating at me since its 2020 Mainnet Beta launch. We all recall the fanfare, the guarantees of super-fast transactions and the audacious claims of killing ETH. In hindsight, I can’t help but think that...

Solana's 2020 Launch: Speed, Outages, and a Blockchain Revolution

Solana's 2020 Launch: Speed, Outages, and a Blockchain Revolution

In 2020, Solana burst onto the blockchain scene with a claim to change the Layer 1 game forever. Its mission was to address the scalability problems that were affecting earlier blockchains such as Bitcoin and Ethereum. Given Solana’s unique take on consensus via Proof of History to achieve 50,000+ transactions...

Web3's Promise: How Metaverse and Blockchain Empower the Underdog

Web3's Promise: How Metaverse and Blockchain Empower the Underdog

What started with the internet’s great promise of democratization ended with Web2 as a walled garden for the massive. Now, though, at long last, the metaverse and blockchain are giving creatives a legitimate chance to reclaim it. That’s only if we actually begin to drive it in that direction.Forgotten Voices...