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\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

\u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

\u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

\u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

Is it a Good or Bad thing?<\/h2>\n\n\n\n

Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

\u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

\u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

But who is the culprit?<\/h2>\n\n\n\n

ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

Racial bias way before<\/h2>\n\n\n\n

Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

Binance CEO's Opinion<\/h2>\n\n\n\n

This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 9 10 11 12 13 … 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • Lastly, on September 12, 2023, the centralized crypto exchange CoinEx experienced a security breach leading to a $54 million theft. As previously outlined, several compelling factors suggest Lazarus's involvement in this attack.<\/li>\n<\/ul>\n","post_title":"North Korea's Lazarus Group Nets $240M In Cryptocurrency Heists","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-koreas-lazarus-group-nets-240m-in-cryptocurrency-heists","to_ping":"","pinged":"","post_modified":"2023-09-19 22:27:04","post_modified_gmt":"2023-09-19 12:27:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13485","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13443,"post_author":"15","post_date":"2023-09-19 22:25:26","post_date_gmt":"2023-09-19 12:25:26","post_content":"\n

    Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

    Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

    \u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

    The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

    The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

    Is it a Good or Bad thing?<\/h2>\n\n\n\n

    Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

    \u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

    CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

    CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

    On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

    \u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

    Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

    But who is the culprit?<\/h2>\n\n\n\n

    ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

    Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

    Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

    A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

    While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

    Racial bias way before<\/h2>\n\n\n\n

    Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

    In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

    The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

    Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

    The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

    On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

    In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

    Binance CEO's Opinion<\/h2>\n\n\n\n

    This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

    Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

    Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 9 10 11 12 13 … 20

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • On September 4, 2023, the online cryptocurrency casino Stake.com fell victim to an attack resulting in the theft of around $41 million in virtual currency, likely due to a stolen private key. The FBI issued a press release on September 6, 2023, confirming that the Lazarus group was responsible for this incident.<\/li>\n\n\n\n
  • Lastly, on September 12, 2023, the centralized crypto exchange CoinEx experienced a security breach leading to a $54 million theft. As previously outlined, several compelling factors suggest Lazarus's involvement in this attack.<\/li>\n<\/ul>\n","post_title":"North Korea's Lazarus Group Nets $240M In Cryptocurrency Heists","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-koreas-lazarus-group-nets-240m-in-cryptocurrency-heists","to_ping":"","pinged":"","post_modified":"2023-09-19 22:27:04","post_modified_gmt":"2023-09-19 12:27:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13485","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13443,"post_author":"15","post_date":"2023-09-19 22:25:26","post_date_gmt":"2023-09-19 12:25:26","post_content":"\n

    Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

    Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

    \u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

    The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

    The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

    Is it a Good or Bad thing?<\/h2>\n\n\n\n

    Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

    \u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

    CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

    CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

    On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

    \u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

    Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

    But who is the culprit?<\/h2>\n\n\n\n

    ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

    Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

    Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

    A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

    While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

    Racial bias way before<\/h2>\n\n\n\n

    Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

    In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

    The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

    Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

    The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

    On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

    In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

    Binance CEO's Opinion<\/h2>\n\n\n\n

    This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

    Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

    Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 9 10 11 12 13 … 20

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • Simultaneously on July 22, Lazarus executed another high-profile breach, this time targeting the centralized crypto payment provider Alphapo. They managed to steal $60 million in crypto assets, potentially by exploiting previously compromised private keys. Once again, the FBI attributed this attack to Lazarus.<\/li>\n\n\n\n
  • On September 4, 2023, the online cryptocurrency casino Stake.com fell victim to an attack resulting in the theft of around $41 million in virtual currency, likely due to a stolen private key. The FBI issued a press release on September 6, 2023, confirming that the Lazarus group was responsible for this incident.<\/li>\n\n\n\n
  • Lastly, on September 12, 2023, the centralized crypto exchange CoinEx experienced a security breach leading to a $54 million theft. As previously outlined, several compelling factors suggest Lazarus's involvement in this attack.<\/li>\n<\/ul>\n","post_title":"North Korea's Lazarus Group Nets $240M In Cryptocurrency Heists","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-koreas-lazarus-group-nets-240m-in-cryptocurrency-heists","to_ping":"","pinged":"","post_modified":"2023-09-19 22:27:04","post_modified_gmt":"2023-09-19 12:27:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13485","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13443,"post_author":"15","post_date":"2023-09-19 22:25:26","post_date_gmt":"2023-09-19 12:25:26","post_content":"\n

    Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

    Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

    \u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

    The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

    The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

    Is it a Good or Bad thing?<\/h2>\n\n\n\n

    Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

    \u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

    CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

    CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

    On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

    \u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

    Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

    But who is the culprit?<\/h2>\n\n\n\n

    ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

    Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

    Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

    A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

    While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

    Racial bias way before<\/h2>\n\n\n\n

    Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

    In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

    The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

    Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

    The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

    On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

    In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

    Binance CEO's Opinion<\/h2>\n\n\n\n

    This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

    Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

    Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 9 10 11 12 13 … 20

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • On July 22, 2023, Lazarus successfully carried out a social engineering attack to gain access to the hot wallets of CoinsPaid, a crypto payment platform. This illicit access enabled the attackers to generate authorized withdrawal requests, resulting in the removal of approximately $37.3 million worth of crypto assets from the platform's hot wallets. CoinsPaid publicly identified Lazarus as the perpetrator of this attack on July 26, 2023, a claim later corroborated by the FBI.<\/li>\n\n\n\n
  • Simultaneously on July 22, Lazarus executed another high-profile breach, this time targeting the centralized crypto payment provider Alphapo. They managed to steal $60 million in crypto assets, potentially by exploiting previously compromised private keys. Once again, the FBI attributed this attack to Lazarus.<\/li>\n\n\n\n
  • On September 4, 2023, the online cryptocurrency casino Stake.com fell victim to an attack resulting in the theft of around $41 million in virtual currency, likely due to a stolen private key. The FBI issued a press release on September 6, 2023, confirming that the Lazarus group was responsible for this incident.<\/li>\n\n\n\n
  • Lastly, on September 12, 2023, the centralized crypto exchange CoinEx experienced a security breach leading to a $54 million theft. As previously outlined, several compelling factors suggest Lazarus's involvement in this attack.<\/li>\n<\/ul>\n","post_title":"North Korea's Lazarus Group Nets $240M In Cryptocurrency Heists","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-koreas-lazarus-group-nets-240m-in-cryptocurrency-heists","to_ping":"","pinged":"","post_modified":"2023-09-19 22:27:04","post_modified_gmt":"2023-09-19 12:27:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13485","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13443,"post_author":"15","post_date":"2023-09-19 22:25:26","post_date_gmt":"2023-09-19 12:25:26","post_content":"\n

    Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

    Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

    \u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

    The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

    The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

    Is it a Good or Bad thing?<\/h2>\n\n\n\n

    Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

    \u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

    CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

    CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

    On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

    \u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

    Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

    But who is the culprit?<\/h2>\n\n\n\n

    ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

    Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

    Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

    A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

    While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

    Racial bias way before<\/h2>\n\n\n\n

    Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

    In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

    The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

    Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

    The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

    On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

    In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

    Binance CEO's Opinion<\/h2>\n\n\n\n

    This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

    Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

    Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 9 10 11 12 13 … 20

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

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    \n
  • On June 3, 2023, users of Atomic Wallet, a decentralized cryptocurrency wallet with non-custodial features, experienced losses exceeding $100 million. Elliptic attributed this security breach to Lazarus after identifying various compelling indicators pointing to the group's involvement. The FBI later verified this attribution.<\/li>\n\n\n\n
  • On July 22, 2023, Lazarus successfully carried out a social engineering attack to gain access to the hot wallets of CoinsPaid, a crypto payment platform. This illicit access enabled the attackers to generate authorized withdrawal requests, resulting in the removal of approximately $37.3 million worth of crypto assets from the platform's hot wallets. CoinsPaid publicly identified Lazarus as the perpetrator of this attack on July 26, 2023, a claim later corroborated by the FBI.<\/li>\n\n\n\n
  • Simultaneously on July 22, Lazarus executed another high-profile breach, this time targeting the centralized crypto payment provider Alphapo. They managed to steal $60 million in crypto assets, potentially by exploiting previously compromised private keys. Once again, the FBI attributed this attack to Lazarus.<\/li>\n\n\n\n
  • On September 4, 2023, the online cryptocurrency casino Stake.com fell victim to an attack resulting in the theft of around $41 million in virtual currency, likely due to a stolen private key. The FBI issued a press release on September 6, 2023, confirming that the Lazarus group was responsible for this incident.<\/li>\n\n\n\n
  • Lastly, on September 12, 2023, the centralized crypto exchange CoinEx experienced a security breach leading to a $54 million theft. As previously outlined, several compelling factors suggest Lazarus's involvement in this attack.<\/li>\n<\/ul>\n","post_title":"North Korea's Lazarus Group Nets $240M In Cryptocurrency Heists","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"north-koreas-lazarus-group-nets-240m-in-cryptocurrency-heists","to_ping":"","pinged":"","post_modified":"2023-09-19 22:27:04","post_modified_gmt":"2023-09-19 12:27:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13485","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13443,"post_author":"15","post_date":"2023-09-19 22:25:26","post_date_gmt":"2023-09-19 12:25:26","post_content":"\n

    Bybit, one of the world's major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take effect in the coming weeks due to upcoming marketing regulations. <\/p>\n\n\n\n

    Ben Zhou, the co-founder, and CEO of Bybit, anticipates the need to withdraw from numerous countries as regulations tighten. He mentioned that the UK is one of the countries they will likely exit, following their recent exit from France. <\/p>\n\n\n\n

    \u201cWe do see regulation becoming more strict. Most likely, we\u2019ll have to retreat in many countries. I think the UK \u2014 we\u2019ll have to exit very soon. We recently exited France,\u201d<\/em> Ben Zhou, co-founder and CEO of Bybit, explained.<\/p>\n\n\n\n

    The Financial Conduct Authority (FCA) is scheduled to implement new regulations on October 8th, which include introducing a cooling-off period for first-time cryptocurrency investors. These rules aim to enhance transparency and accuracy in the marketing of cryptocurrency products. Zhou explained that these regulations will alter the dynamics of solicitation. While crypto derivative products have been prohibited in the UK since 2021, some exchanges have still served UK customers through reverse solicitation. However, this practice may no longer be viable after October 8th.<\/p>\n\n\n\n

    The FCA has contacted major cryptocurrency exchange operators, including Bybit, OKX, and Binance. The authority is inquiring about their plans to comply with the new law. According to Zhou, if English is used in communications, the FCA may interpret it as an attempt to solicit UK users. Consequently, many in the industry are grappling with how to navigate these new regulations.<\/p>\n\n\n\n

    Is it a Good or Bad thing?<\/h2>\n\n\n\n

    Starting on October 8th, enhanced regulations will provide increased protections for UK consumers when it comes to the marketing of crypto asset firms. These regulations mandate that marketing materials must be transparent, equitable, and devoid of misleading information. They must also prominently feature risk warnings and refrain from offering inappropriate investment incentives. Importantly, these rules have a global reach, applying to firms regardless of their geographic location, and aim to bolster protections against the elevated risks associated with cryptoassets.<\/p>\n\n\n\n

    \u201cUK consumers will have much greater protection as crypto asset firms\u2019 marketing must be \u2018clear, fair and not misleading,\u2019 labeled with prominent risk warnings and must not inappropriately incentivize people to invest. These rules apply to firms wherever they are based globally and help strengthen how people are protected from the high risks associated with crypto assets,\u201d <\/em>the FCA noted.<\/p>\n","post_title":"Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bybit-set-to-exit-uk-ahead-of-strict-new-crypto-regulations","to_ping":"","pinged":"","post_modified":"2023-09-19 22:25:30","post_modified_gmt":"2023-09-19 12:25:30","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13443","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13433,"post_author":"15","post_date":"2023-09-15 22:09:01","post_date_gmt":"2023-09-15 12:09:01","post_content":"\n

    CoinEx, a cryptocurrency exchange, has temporarily halted <\/a>withdrawal services due to a suspected hack. A significant amount of tokens were illicitly taken from the platform. This decision followed alerts from various cybersecurity companies.<\/p>\n\n\n\n

    CoinEx has stated it \u201cdetected anomalous withdrawals from several hot wallet addresses used to store CoinEx's exchange assets.\u201d <\/em>Early warnings suggested that the potential losses might amount to a total of $27 million. The hacker had drained a mix of Ethereum (ETH), Tron (TRON), and Polygon (MATIC). <\/p>\n\n\n\n

    On Tuesday evening, CoinEx stated that they were still in the process of precisely calculating the extent of the loss. But emphasized that it constituted \u201cjust a very small portion of CoinEx\u2019s total assets.\u201d<\/em><\/p>\n\n\n\n

    \u201cWe assure all users: your assets are secure and untouched,\u201d the company said on X. \u201cAffected parties will receive 100% compensation for any loss due to this breach.\u201d<\/em><\/p>\n\n\n\n

    Following the breach acknowledgment, CoinEx has published multiple lists of wallet addresses associated with the suspected hack. These include the originally mentioned three tokens, along with Bitcoin (BTC), Arbitrum (ARB), Solana (SOL), and several other cryptocurrencies.<\/p>\n\n\n\n

    But who is the culprit?<\/h2>\n\n\n\n

    ZachXBT reveals <\/a>that upon checking the wallets involved, it becomes evident that some of the transactions were channeled into wallets associated with a recent $41 million cyberattack on the crypto betting platform Stake. These wallets have been previously linked to the notorious North Korean hacking group Lazarus, renowned for its targeting of cryptocurrency-related businesses.<\/p>\n\n\n\n

    Lazarus, the prolific North Korean hacking group, has once again demonstrated its expertise in cybercrime with a series of successful attacks this year. The group's ability to adapt and execute such high-value cyberattacks underscores the ongoing challenges faced by the cybersecurity community in countering their activities.<\/p>\n","post_title":"Crypto Exchange CoinEx Halts Withdrawals Amid Suspected $27M Hack","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-exchange-coinex-halts-withdrawals-amid-suspected-27m-hack","to_ping":"","pinged":"","post_modified":"2023-09-15 22:09:17","post_modified_gmt":"2023-09-15 12:09:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13433","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13408,"post_author":"15","post_date":"2023-09-15 22:08:35","post_date_gmt":"2023-09-15 12:08:35","post_content":"\n

    Experts caution that artificial intelligence (AI) systems incorporate prejudiced inclinations, leading machines to mirror human biases. This concern is particularly worrisome as AI becomes more widely adopted, potentially posing racial bias.<\/p>\n\n\n\n

    A BuzzFeed writer used Midjourney, an AI image generator, to produce Barbie doll representations from different countries. Regrettably, the outcomes were met with strong disapproval. Notably, the depiction of the German Barbie<\/a> featured her in a Nazi SS uniform, the South Sudanese Barbie was portrayed holding a firearm, and the Lebanese Barbie<\/a> was situated on \"top of the rubble.\"<\/em><\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/abuhndrxx\/status\/1677792933721026560\n<\/div><\/figure>\n\n\n\n

    While this instance may seem relatively minor, it indicates the possibility of more profound and far-reaching consequences as AI technology is applied to a wide range of real-world scenarios. Moreover, it's not the initial occurrence where AI has been labeled as exhibiting biases.<\/p>\n\n\n\n

    Racial bias way before<\/h2>\n\n\n\n

    Most recently, Google's Vision Cloud wrongly categorized individuals<\/a> with darker skin holding a thermometer as if carrying a \"firearm.\" While those with lighter skin were identified as holding an \"electronic device.\"<\/em><\/p>\n\n\n\n

    In 2009, Nikon's facial recognition<\/a> software mistakenly inquired if they were blinking. Then, in 2016, an artificial intelligence application employed by U.S. courts to evaluate the probability of reoffending produced twice as many incorrect identifications<\/a> for black defendants (45%) compared to white ones (23%), as per an analysis by ProPublica.<\/p>\n\n\n\n

    The inclination of AI to exhibit racial bias has prompted the UK Information Commissioner\u2019s Office (ICO) to launch an investigation<\/a>. This is to express concerns about the potential harm it could inflict on people's lives.<\/p>\n","post_title":"AI Exhibits Racial Bias Similar To Humans, Says Experts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ai-exhibits-racial-bias-similar-to-humans-says-experts","to_ping":"","pinged":"\nhttps:\/\/thesocietypages.org\/socimages\/2009\/05\/29\/nikon-camera-says-asians-are-always-blinking\/","post_modified":"2023-09-15 22:08:44","post_modified_gmt":"2023-09-15 12:08:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":13369,"post_author":"15","post_date":"2023-09-13 13:07:44","post_date_gmt":"2023-09-13 03:07:44","post_content":"\n

    Twitter has seen Ethereum creator Vitalik Buterin fall prey to a hacker. The act resulted in the theft of $691,000 from individuals who followed a corrupted link shared on his profile. <\/p>\n\n\n\n

    The incident was initially detected <\/a>on a Saturday when a post appeared on Buterin's timeline. The post is announcing the launch of commemorative non-fungible tokens (NFTs) by software provider Consensys. The deceptive link is potentially exposed to Buterin's 4.9 million followers. Which deceived victims into connecting their wallets to mint NFTs, an opportunity for the hacker to absorb their assets.<\/p>\n\n\n\n

    On Crypto Twitter, users promptly raised the alarm about the fraudulent link. But the first public acknowledgment <\/a>of Buterin's hacking came from his father, Dmitriy \"Dima\" Buterin, who later deleted the post. Unfortunately, several victims had already reported losing access to their wallet funds by then. The hacker seized over $147,000 within an hour, which subsequently escalated to $691,000, according to blockchain investigator @ZachXBT<\/a>.<\/p>\n\n\n\n

    In the day following the initial report of the hack, Buterin has remained silent on the incident. @ZachZPT revealed that the hacker had even sent a pilfered NFT to Buterin.<\/p>\n\n\n\n

    \nhttps:\/\/twitter.com\/zachxbt\/status\/1700692984977621164?s=20\n<\/div><\/figure>\n\n\n\n

    Binance CEO's Opinion<\/h2>\n\n\n\n

    This event adds to a series of social media hacks that have resulted in the theft of substantial token amounts. Although the exact number of affected users remains unknown. As a result of these losses, there has been an ongoing debate about how developers themselves should compensate victims. <\/p>\n\n\n\n

    Questions about Twitter's security measures have also arisen, including concerns raised by Binance CEO Changpeng Zhao. The CEO noted that Twitter's account security falls short compared to traditional financial accounts. <\/p>\n\n\n\n

    Zhao called for enhanced features like two-factor authentication (2FA), distinct login IDs from handles or email addresses, and other measures to bolster security. Two-factor authentication, a recommended defense mechanism, is available on Twitter but is limited to users who subscribe to Twitter Blue. Brute forcing, a hacking tactic involving repeated password attempts, has been employed by hackers to breach accounts.<\/p>\n","post_title":"Vitalik Buterin Falls Victim To Hacker Resulting In $691K Loss For Followers","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vitalik-buterin-falls-victim-to-hacker-resulting-in-691k-loss-for-followers","to_ping":"","pinged":"","post_modified":"2023-09-13 13:08:02","post_modified_gmt":"2023-09-13 03:08:02","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13369","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    1 … 9 10 11 12 13 … 20

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n