Compared to 2022, the overall financial loss due to hacking in the web3 industry decreased to $1.7 billion in 2023. truth. The Web3 industry is becoming increasingly advanced in terms of cybersecurity and cyberattack prevention. However, hacking remains lucrative for cybercriminal groups like Lazarus, threat actors relying on advanced attacks. This means that the majority of total losses (estimated at 70%) can come from high-profile cyberattacks. Think multichain, Mixin Network or Poloniex. Salus, a cybersecurity company specializing in cybersecurity and traditional security for the Web3 industry, has compiled the 2023 Web3 Security Landscape Report. This article highlights the top 10…
Author: Crypto Flexs
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In the Bitcoin mining world, 2023 will be remembered as a year of massive concentration of power among the major mining pools. The mining of over 54,000 Bitcoin blocks was a significant event that occurred this year. It has become clear that Foundry, Antpool, F2pool, Viabtc, and Binance Pool are the most successful pools in this sector. What is particularly notable is that these five pools discovered 45,707 block rewards. This accounts for over 84% of all blocks mined during the year. Bitcoin mining is characterized by highly concentrated mining power, which highlights the competitive environment of the industry. Among…
Renowned cryptocurrency analyst Altcoin Sherpa said one artificial intelligence (AI) project will definitely hit new highs in the near future. An anonymous analyst told his 203,000 followers on social media platform Fetch.ai is a blockchain-based AI platform that aims to automate specific tasks and systems, such as supply chain logistics or record keeping, for individuals or organizations. The technology is primarily powered by AI agents that can plan and execute tasks. According to Altcoin Sherpa, a buying opportunity may arise if the project’s native token, FET, falls to the $0.50 level. “FET: A couple of things – I think this…
On Tuesday, Bitcoin surpassed $45,000 for the first time since April 2022. BTC is off to a strong start to 2024 with hopes of introducing an exchange-traded spot Bitcoin fund. At $45,355, the world’s largest and best-known cryptocurrency rose 4.3%, reaching its highest level since April 6, 2022. Other tokens also showed gains. Ethereum, the second largest, rose 2.6%. These changes still leave Bitcoin 34% off its November 2021 high of $69,000. Expectations for Bitcoin ETF Approval Fuel Rally The U.S. Securities and Exchange Commission is expected to approve the launch of numerous spot Bitcoin ETFs, as it has done…
Bitcoin briefly topped $45,000 on New Year’s Day, something it hasn’t seen since April 2022, reminiscent of the roller coaster ride of January that year, when the price of the world’s leading cryptocurrency surpassed the threshold three times in a matter of days. Interleaved with dips as low as $36,000.Bitcoin was last recorded at $45,000 on April 5, 2022, and fell to $15,742 on November 9. CoinGecko. On Lunar New Year’s Day, market capitalization exceeded $836 billion, and trading volume hit $22 billion.As of this writing, BTC is up over 171% compared to this time last year, up over 13%…
Security • January 2, 2024 3:18 AM EST Posted 1 minute ago In ~ orbital Chain, Reportedly suffered $81.5 million in hacking damage On Sunday, the leaked cryptocurrency “remains unmoved” from the address where the leaked funds were stored, the company announced today. “Our team is continuously monitoring stolen assets and we are committed to notifying our community when addresses associated with stolen assets take action,” the company said. post At X.Orbit Chain following large-scale hacking presentation On Monday, it asked global cryptocurrency trading platforms to freeze stolen assets and said it was working with global security firms and law…
Ethereum has finally announced a tentative release date for its upgrade schedule. The network plans to launch a new mainnet hard fork, Dencun, in the first quarter. If all goes well, the Ethereum team is considering the following dates to fork the public testnet: Görli – January 17 Sepolia – January 30 Holsky – February 7 According to the developers, Goerli will not be added to the testing plan after the hard fork. The network is scheduled to depreciate and it is time for an Electra/Prague upgrade. It is yet to be determined whether Ethereum will focus on structuring upgrades…
Zug, Switzerland, January 2, 2024, Chainwire In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance and Cardinal Cryptography, the hybrid event will offer multiple tracks with prizes and funding opportunities of up to $575K USD. The Aleph Zero Foundation, dedicated to the advancement and adoption of the Aleph Zero blockchain, today announced the launch of CTRL+Hack+ZK, a comprehensive hackathon event. The event will be held virtually from January 10 to January 31, 2024. CTRL+Hack+ZK represents Aleph Zero’s most immersive hacking event to date, designed to foster innovation and collaboration in the blockchain…
Zug, Switzerland, January 2, 2024, Chainwire In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance and Cardinal Cryptography, the hybrid event will offer multiple tracks with prizes and funding opportunities of up to $575K USD. The Aleph Zero Foundation, dedicated to the advancement and adoption of the Aleph Zero blockchain, today announced the launch of CTRL+Hack+ZK, a comprehensive hackathon event. The event will be held virtually from January 10 to January 31, 2024. CTRL+Hack+ZK represents Aleph Zero’s most immersive hacking event to date, designed to foster innovation and collaboration in the blockchain…
Cryptocurrency known as Bitcoin SV (BSVThe controversial Bitcoin fork) saw a huge surge, crossing the $100 threshold for the first time since April 2022. This significant growth has resulted in a spectacular reversal in market value. There has been a notable increase of 108% over the past week. There are a number of favorable technical indicators contributing to this rise. These indicators include the bullish Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), both of which indicate that significant upward momentum is occurring. In particular, the relative strength index (RSI), a momentum indicator used in technical analysis,…