Layerswap, a platform that facilitates transactions between centralized cryptocurrency exchanges and layer 2 blockchains, regained control of its domain after it was briefly hijacked, resulting in approximately $100,000 in losses from users. The security breach occurred on March 20 at 19:40 UTC. At that time, the Layerwap.io domain was hijacked and users were redirected to a phishing site. Shortly after the domain compromise, the attackers attempted to reset Layerswap’s social media accounts on Platform X, effectively blocking the company. 🛠 Layerswap March 20 incidentOn March 20th at approximately 7:40 PM (UTC) @godaddy The https://t.co/xGoN2q5vOa domain account has been…
Author: Crypto Flexs
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Come on in and join us on a wild ride as we dive deep into the thrilling realm of Australian online casinos, guided by the expert analysis of Playaucasino. As the world of virtual gambling continues to flourish, it’s crucial to stay informed on how to spot the top-notch and trustworthy options out there.So buckle up and get ready as we reveal Playaucasino’s intricate approach to evaluating the premier Aussie online casinos while shedding light on Australia’s gambling regulations and the key factors used to determine these exceptional gaming destinations.Online Gambling Australia RegulationsOnline gambling in Australia is subject to strict…
Through unique products and strategic innovations, Bitget Wallet has achieved a milestone of 20 million users and has become the 4th largest Web3 wallet in the world. Bitget Wallet, which has made remarkable advancements in the blockchain field, has reached new heights with over 20 million users worldwide. This significant user base solidifies Bitget Wallet’s position as the fourth largest global Web3 wallet, demonstrating its innovative features and strategic market positioning. Harnessing innovation for growth Bitget Wallet has been at the cutting edge of Web3 infrastructure development since its founding in May 2018. Its mission is to provide fair and…
Tornado Cash developer Alexey Pertsev has reportedly been indicted by Dutch prosecutors. They accused him of laundering $1.2 billion. Pertsev’s lawyer confirmed the prosecution’s intention to prosecute his client. According to Dutch prosecutors, cryptocurrency mixing services are not “inherently illegal,” but using them to launder criminal assets is punishable. Dutch prosecutor (…)
A recent UN report highlights North Korea’s significant role in sanctions enforcement and cyberattacks specifically targeting cryptocurrency companies amid nuclear concerns. The United Nations Security Council has released a new report indicating North Korea’s involvement in cyberattacks, which now accounts for nearly half of the country’s foreign exchange earnings, is expanding, Nikkei Asia reported. Although the investigation is still ongoing, the report points out that North Korea has already made about $3 billion due to insufficient security measures by protocols, companies, and other cryptocurrency-related entities. The report is not legally binding, but could allow the Security Council and member states…
This blog post exposes threats to the Ethereum network that existed from the Merge to the Dencun hard fork. background Prior to the merge, various message size limits were set for RPC communications to protect clients from denial of service (DOS) attacks. These restrictions, which apply to messages received via HTTP endpoints, are passed on to the Engine API, which plays an important role in connecting execution and consensus layer clients during block creation. The engine API’s participation in block generation allows block generation to exceed the RPC size limit for some clients but remain within an acceptable range for…
Bitcoin price began a strong recovery in the $60,800 region. BTC is up nearly 10% and currently faces a hurdle near $68,800 resistance. Bitcoin price began a significant rise above the $60,800 support zone. The price is trading above $64,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $65,000. To start a new uptrend, the pair needs to clear the $68,800 resistance area. Bitcoin price recovers 10% Bitcoin price extended its decline below the $62,500 level. BTC surged below…
Conflux Network, a layer 1 blockchain project based in China, is collaborating with fintech firm AnchorX to launch a Hong Kong dollar-backed stablecoin as early as the second quarter of this year.Conflux founder and CEO Fan Long told The Block in an interview that the AnchorX team is hoping to launch the “AxHKD” stablecoin as soon as possible.“We want to be able to move forward as quickly as possible,” Long said. “If it goes quickly, people will probably be able to get it on the exchanges in the second quarter. This is the fastest possibility. But a lot will depend…
join us telegram A channel to stay up to date on breaking news coverage Dogecoin20 (DOGE20), a new meme coin focused on community and high-yield staking, has raised an impressive $3.9 million in funding in just five days. Beyond its dog-themed origins, this coin promises to provide diversification within the meme coin market and provide a cheaper version of Dogecoin. How Dogecoin20’s staking system rewards users and increases stability Dogecoin20, the latest meme coin sensation, is reshaping the landscape with its community-driven approach and innovative staking system. This mechanism not only rewards users with a stake in the project’s success,…
A new dollar-backed stablecoin has been launched on the Cardano (ADA) mainnet. Financial company Mehen Released USDM stablecoin was acquired over the weekend, noting that institutional users will spend a day or two onboarding the asset. publisher Called Stablecoins will “slowly arrive on-chain” this week. Mehen says each USDM is backed 1:1 with the US dollar from US-based banks. “USDM represents a paradigm shift in the stablecoin world, bridging the gap between traditional fiat currencies and the decentralized blockchain realm. Supporting verifiable reserves and leveraging the powerful infrastructure of the Cardano network, USDM sets a new standard for stability, transparency,…