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Hackers News

A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" technically has a neutral connotation, the term was changed by popular culture, which defines a hacker as someone with technical knowledge who uses bugs or exploits to break into computer systems.
The recent outburst of interest in cryptocurrencies triggered some hackers to begin looking through different crypto exchange services. The latest news on hackers show that no one is protected from their interventions. There were already several cases of exchanges hacks. For example, in January 2018 cryptocurrency exchange service Coincheck was hacked and approximately 500 million NEM tokens were removed from exchange, amounting about $385 million stolen. Although Coincheck was capable to compensate all users with its own capital, there is no confidence that bigger incidents won’t take place. 

Unlike other views, a fintech enthusiast, sees Bitfinex’s manner of handling the hack with its customers as commendable.
Justice on Blockchain: Did Bitfinex Handle its Problem Well?
Olusegun Ogundeji
2016-08-11T11:19:00+01:00
314
Andreas Antonopoulos on diversifying risks after the Bitfinex hack.
Antonopoulos: Your Keys, Your Bitcoin. Not Your Keys, Not Your Bitcoin
Olusegun Ogundeji
2016-08-10T11:35:00+01:00
4840
Hackers exploit the middleman in centralized exchanges which is a central point of failure. Cointelegraph spoke to Mihail Mihaylov, Bitsquare’s Chief Decentrali...
Centralized Exchanges are “Honeypots for Thieves”, Says Expert
Olusegun Ogundeji
2016-08-09T14:54:00+01:00
740
The White Hat Team has successfully recovered more than seven million ETC, currently valued at around $16 million.
White Hat Team Recovers 7 Million ETC From DAO Thief
Andrew Quentson
2016-08-08T17:00:00+01:00
657
According to Cornell Professor Emin Gün Sirer, BitFinex’s decision to short its customers 36% in the wake of its hack may not be a legally viable option.
Will Bitfinex's "Loss Socialization" Hold Up in Court?
Joël Valenzuela
2016-08-08T14:15:00+01:00
461
Sponsored
Despite being hailed as the best for security, accountability and resilience, Blockchain initiatives seem quite exposed to all sorts of malicious actors.
Too Many Hacks! Waterhole to Tackle Blockchain Security Problems
Andrew Marshall
2016-08-03T17:17:00+01:00
536
Not enabling 2FA seems to have lead to cases of accounts being compromised on Kraken.
Enable 2FA: Kraken Accounts Compromised, Funds Stolen
Olusegun Ogundeji
2016-07-22T14:20:00+01:00
3586
In spite of recent hack, Steemit may become the killer app Bitcoin has been waiting for to bring fresh people into Bitcoin and other cryptocurrencies.
Steemit May Become Killer App As It Looks to Draw 1 Mln Bitcoin Users Yearly
Olusegun Ogundeji
2016-07-17T11:25:00+01:00
1620

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