Hack

Decentralized Governance in the Wild – Lessons From the KuCoin Hack

Decentralized Governance in the Wild – Lessons From the KuCoin Hack

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Blockchain-based networks provide a unique and unprecedented opportunity to experiment with new forms of organization – both organization of information and software processes as well as governing human action. But nobody ever said creating new forms of organization would be easy, or glitch-free. When a group of enthusiastic entrepreneurs or developers design a new blockchain-based …

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CoinDesk's Twitter Hack Proved the Media Can't Rely on Web 2.0

CoinDesk’s Twitter Hack Proved the Media Can’t Rely on Web 2.0

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A rundown from one of CoinDesk’s editorial Slack channels during an action-packed hour on Wednesday last week reads like a high-pace drama.  It tells the tale of a news team going through a process of incremental information discovery.  First, there’s the realization that a big story – a massive hack on Twitter – is developing. …

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Elliptic says 22% of bitcoins from Twitter hack were likely sent to a Wasabi Wallet address for mixing

Elliptic says 22% of bitcoins from Twitter hack were likely sent to a Wasabi Wallet address for mixing

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Blockchain analysis company Elliptic released a report today saying 2.89 bitcoins were sent to an address it believes to be a part of a Wasabi Wallet.  According to the report, the funds, which account for 22% of the funds obtained by the Twitter hacker, were sent to a Wasabi Wallet address late Thursday night. Elliptic …

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AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn't Read T&Cs

AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn’t Read T&Cs

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U.S. mobile operator AT&T hopes to dismiss crypto investor Mike Terpin’s amended case over a SIM-swap hack, claiming he had not read the firm’s terms and conditions. AT&T’s attorneys took issue with three parts of the second amended complaint and his request for millions in punitive damages, arguing they showed the plaintiff was himself mostly …

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