Wallet Attacks: A Deep-dive Wallets are a logical target for cyber-attacks, along with the emerging institutions that hold custody of them on users’ behalf. While secured with technically unbreakable code, hackers have found numerous ways to execute wallet attacks and gain illicit access to user wallets, whether by deception, theft, or ingenuity. In responding to...
Axie Infinity’s Ronin Bridge Hack for $551M worth of crypto assets could paradoxically lead to higher rates of blockchain adoption by showing that it’s a lot easier to track stolen cryptocurrency than people think. The popular misconception that cryptocurrencies are private and untraceable fuels the equally popular misconception that it’s impossible to track and recover...