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🛑 #Binance launches a $5M #bounty program to combat corruption and insider trading within its team, in response to allegations surrounding the listing of #RONIN token.
The move includes overhauling the listing process, tightening controls, and implementing stricter penalties for leaks.
Projects hiring ex-Binance staff will be blacklisted. This follows a surge in $RONIN 's price prior to its listing and a subsequent drop, sparking leak speculations.
#BinanceNews #RoninRONIN
The move includes overhauling the listing process, tightening controls, and implementing stricter penalties for leaks.
Projects hiring ex-Binance staff will be blacklisted. This follows a surge in $RONIN 's price prior to its listing and a subsequent drop, sparking leak speculations.
#BinanceNews #RoninRONIN
KyberSwap Exploiter on the Move Again? 🥶
The drama surrounding the massive #KyberSwap hack from last November continues.
The hacker, responsible for stealing nearly $49 million, has been spotted moving $2.5 million worth of #stolen Ether to a different blockchain. This suspicious activity, following earlier transfers of stablecoins, raises concerns about the hacker's motives and the potential laundering of stolen funds.
Despite offering a hefty #bounty and attempting to negotiate a return, KyberSwap has been unable to recover the stolen crypto. The attack took a heavy toll on the company, forcing them to lay off half their workforce and offer grants to affected users.
With the latest movement of funds, the question remains: will the stolen millions ever be recovered, or will this saga continue to unfold?
#Binance
#crypto2024
The drama surrounding the massive #KyberSwap hack from last November continues.
The hacker, responsible for stealing nearly $49 million, has been spotted moving $2.5 million worth of #stolen Ether to a different blockchain. This suspicious activity, following earlier transfers of stablecoins, raises concerns about the hacker's motives and the potential laundering of stolen funds.
Despite offering a hefty #bounty and attempting to negotiate a return, KyberSwap has been unable to recover the stolen crypto. The attack took a heavy toll on the company, forcing them to lay off half their workforce and offer grants to affected users.
With the latest movement of funds, the question remains: will the stolen millions ever be recovered, or will this saga continue to unfold?
#Binance
#crypto2024
Bounty Bay is teaming up with UXLINK to create a better social and earning experience on the TON blockchain.
This partnership aims to enhance the Web3 ecosystem for users.
#bountybay #bounty #uxlink #uxlinkairdrop #Bitcoin_Coneference_2024
This partnership aims to enhance the Web3 ecosystem for users.
#bountybay #bounty #uxlink #uxlinkairdrop #Bitcoin_Coneference_2024
🚨🚨Phishing Scam Alert 🚨📢
A victim of a phishing scam lost 1,807 liquid staked #etherreum ($ETH ), valued at $6.91 million, on May 26.
However, they have recovered 80% of the stolen funds after the #phishing group, Inferno Drainer, returned the funds, keeping a 20% #bounty .
The theft occurred through a permit phishing attack, where the attackers used an off-chain authorization signature to transfer tokens from the victim's wallet.
#Blockchain analytics firm SlowMist advises using tools like RevokeCash and scam Sniffer's Permit2 to detect and revoke abnormal authorizations to prevent such attacks.
$ETH $SOL #BTCVSETF
A victim of a phishing scam lost 1,807 liquid staked #etherreum ($ETH ), valued at $6.91 million, on May 26.
However, they have recovered 80% of the stolen funds after the #phishing group, Inferno Drainer, returned the funds, keeping a 20% #bounty .
The theft occurred through a permit phishing attack, where the attackers used an off-chain authorization signature to transfer tokens from the victim's wallet.
#Blockchain analytics firm SlowMist advises using tools like RevokeCash and scam Sniffer's Permit2 to detect and revoke abnormal authorizations to prevent such attacks.
$ETH $SOL #BTCVSETF