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Crypto Hackers Set for Record Year After Looting over $3B
- metadat 4y agoWhat percentage of all crypto currency is this? Seems like a not insignificant percentage of the estimated $1-3 trillion total value of all crypto holdings. Just think if 1% of all minted USD were taken by crooks. Er, what.. that would never happen, right?
- guiambros 4y agohttps://archive.ph/qwS3i https://archive.ph/qwS3i
- exabyte 4y agoWhat is the typical nature of these hacks? Are they phishing type exploits or are hackers actually finding loopholes in the underlying code of the coins/tokens (e.g., solidity etc)?
- alphabetting 4y agoI think it's a mix of phishing and market manipulation. Here's an example of drained funds without hacking. Another example of web3 speed-running lessons learned in traditional financial markets. https://twitter.com/joshua_j_lim/status/1579987648546246658 https://twitter.com/joshua_j_lim/status/1579987648546246658