Tag: hack

ZKsync Hacked: $5M Stolen, Token Plunges – What's Next?

ZKsync Hacked: $5M Stolen, Token Plunges – What's Next?

The world of cryptocurrency is no stranger to security breaches, but the recent hack of ZKsync has sent ripples throughout the market. BlockTraderHub.com takes a look at what transpired and why it’s important. We further unpack what this bodes for the future of this popular scaling solution. This article goes...

ZKsync's Hack: A Failure of Responsibility, Not Just Technology

ZKsync's Hack: A Failure of Responsibility, Not Just Technology

The ZKsync hack. It might be tempting to chalk it up as merely another crypto debacle, another technical crack in the matrix. That’s letting them off the hook. Looting over 111 million ZK tokens ($5 million) is a stark abdication of responsibility. As a reminder, this incidence is based on...

Trump Kills DeFi Broker Rule as Bybit Recovers From $1.4B Hack

Trump Kills DeFi Broker Rule as Bybit Recovers From $1.4B Hack

It’s been a very trippy week in the world of cryptocurrency. With some tokens experiencing double-digit percentage drops in price, a leading centralized exchange getting hacked, and new regulatory actions shaking the scene in the United States, digital assets ranging from EOS to Near Protocol (NEAR) took a major beating....