The hacker’s on-chain message came approximately six hours after the hack occurred. However, blockchain security firms noted the hacker had also started swapping the stolen funds for Ether.
Blockchain News
Blockchains are the critical infrastructure underlying cryptocurrencies. The common feature of these distributed ledgers is the sequential updating of a cryptographically secure, verifiable transaction record among a network of peers all operating under a certain set of rules enforced through the software itself. This record is owned and operated in common by anyone anywhere.
While research in shared ledger technology goes back decades, the arrival of the Bitcoin blockchain introduced the first distributed ledger technology that was thoroughly decentralized and resistant to censorship, seizure and collusion.
Blockchain technology, in its various manifestations including the Ethereum blockchain and others, is ultimately a global consensus system — i.e., it allows people to coordinate and cooperate around a neutral source of information without trusting each other or a central administrator. The use cases are wide-ranging, from finance and energy trading to supply chain management.
At Cointelegraph, we are chronicling the evolving blockchain industry. Is it revolutionary or overhyped? Or both? Will it become the solution to securing trust in finance and global trade? What will be the rate of blockchain transactions in the coming years?
Stay tuned to find out.
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Combining play-to-earn mechanics with dynamic gameplay, this Web3 game offers players a first-person Gold Rush experience.
186The service is currently available in beta for select markets.
9294The growth of blockchain space makes interoperability a crucial requirement for decentralized apps to perform efficiently. This omnichain network aims to deliver.
11223The makers of Wilder World claim that it will be the “ultimate game” by combining popular genres into a single experience.
2504Buyers are required to agree to a vesting period of four years for their FTX SOL purchase.
6262The integration provides a high-level overview of both ecosystems, allowing cryptocurrency teams to run their own queries and get insights from the raw data.
13656Gora, a decentralized blockchain oracle network that enables developers to use off-chain data in their DApps, joins the Cointelegraph Accelerator program.
11883In the latest episode of Cointelegraph’s Hashing It Out podcast, the co-founder of XYO Network, Arie Trouw, explains how blockchain technology can help fight fake information on the internet alongside a general change in attitude.
1638The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol.
7469The new milestone was reached shortly after the launch of BlackRock's first tokenized asset fund — BUIDL, which joined 16 other tokenized government securities funds last week.
13682A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature.
11156Tether intends to “set new industry standards” with its open-source AI operations.
2927“We are extremely excited to move forward as an Alliance and bring our combined knowledge and expertise to bear,” the projects said in a statement.
24230Combining technology, on-chain data and monetary theory can stabilize digital currencies and democratize access to advanced trading strategies.
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