
Ethereum rolling back transactions post-Bybit hack is technically infeasible. It has grown into a vast and complex network, and the repercussions of a rollback would be enormous.
In blockchain, a rollback refers to reversing its history to counter a disastrous event, such as big hacks threatening to disrupt the ecosystem, the discovery of critical protocol bugs or centralization risks of network integrity.
The Bybit hack, which resulted in a staggering $1.46 billion loss, has triggered a demand regarding a rollback of affected transactions on Ethereum.
New data reveals that Bitcoin’s (BTC) network processed $19.2 trillion worth of BTC transactions during the last year. In a new thread on the social media platform X, Pierre Rochard, a vice president of mining firm Riot Platforms, says the huge amount of funds processed indicates that the crypto king is both a store of […]
The post Bitcoin Network Processed $19,200,000,000,000 Worth of BTC Transactions Last Year, Says Riot Platforms Executive appeared first on The Daily Hodl.
Cybersecurity firm McAfee says it’s identified a “significant global increase” in a smartphone hack that triggers extortion, harassment and drains bank accounts. McAfee says hackers are increasingly deploying a group of malicious financial apps containing “SpyLoan” malware, posing a serious threat with more than eight million active installations around the world. The apps are on […]
The post Hackers Infect 8,000,000 Smartphones As ‘SpyLoan’ Drains Bank Accounts, Steals Sensitive Data for Extortion: McAfee Alert appeared first on The Daily Hodl.
The company’s former chief strategy officer, Jonathan Levin, assumed the role of CEO and offered his thoughts to Cointelegraph on the future of the industry.
Blockchain analytics firm Chainalysis announced the appointment of a new CEO after the departure of Michael Gronager in October.
In a Dec. 5 notice, Chainalysis said its chief strategy officer and co-founder Jonathan Levin had assumed the position of CEO, effective Dec. 3. The company also announced it had appointed former Proofpoint chief financial officer Paul Auvil to serve as an independent director on its board.
Speaking to Cointelegraph, Levin said, under his leadership, the company intended to continue expanding internationally to “protect crypto users across the world” and monitor private sector solutions for custodying digital assets. He added that he didn’t expect to see policymakers change their approach to Anti-Money Laundering (AML) and national security concerns.
Security researchers say a newly discovered piece of malicious software designed to drain bank accounts has hit 13,000 people. Experts at the cybersecurity firm Zimperium say a new variant of a trojan called TrickMo is infecting Android devices through phishing and social engineering attacks, often disguising itself as legitimate-looking banking and utility apps. Zimperium, which […]
The post 13,000 People Hacked As Criminal Organization Cracks Smartphones, Drains Bank Accounts, Steals Passwords, Audio Recordings, Photos, Text Messages and More: Report appeared first on The Daily Hodl.
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.
Tron’s memecoin launchpad SunPump has driven the blockchain’s quarterly revenue to a record high of $151.2 million across the third quarter, a nearly 30% quarter-on-quarter bump, says Messari.
A memecoin frenzy saw over 89,000 tokens launched on SunPump between Aug. 12 and Sept. 30 and led to Tron’s decentralized finance transactions gaining by 487% over Q3, Messari said in an Oct. 17 report.
Between Aug. 16 and 31, over 270 million TRON (TRX) tokens were burned, generating around $42 million — nearly 27% of Tron’s Q3 revenue, Messari noted.