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\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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"};

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\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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

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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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 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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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 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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

Not All Hope Is Gone<\/h2>\n\n\n\n

After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

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":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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

    Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

    During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

    In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

    Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

    The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

    Not All Hope Is Gone<\/h2>\n\n\n\n

    After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

    Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

    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":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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

    Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

    During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

    In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

    Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

    The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

    Not All Hope Is Gone<\/h2>\n\n\n\n

    After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

    Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

    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":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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

    Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

    During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

    In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

    Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

    The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

    Not All Hope Is Gone<\/h2>\n\n\n\n

    After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

    Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

    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":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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

    Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

    During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

    In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

    Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

    The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

    Not All Hope Is Gone<\/h2>\n\n\n\n

    After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

    Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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 2 3

    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 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":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":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"},{"ID":13198,"post_author":"15","post_date":"2023-09-02 01:13:57","post_date_gmt":"2023-09-01 15:13:57","post_content":"\n

    Ivan Bianco, a Brazilian YouTuber focused on blockchain gaming, suffered a substantial loss of nearly $60,000 in cryptocurrency and NFTs<\/a>. This unfortunate incident occurred after he accidentally revealed the seed phrases for his crypto wallets during a livestream.<\/p>\n\n\n\n

    During the stream, Bianco accidentally shared a document containing his seed phrases. This unintentional disclosure allowed unauthorized individuals to access his wallet and steal his assets. Bianco's YouTube channel, \"Fraternidade Crypto<\/a>,\" boasts around 34,000 subscribers and has accumulated over 2.2 million views since 2017.<\/p>\n\n\n\n

    In a subsequent livestream<\/a>, Bianco tearfully explained the situation to his viewers. He described his attempt to create a new wallet once he realized the exposure of his seed phrases. But by then, his cryptocurrency from two wallets had already been stolen.<\/p>\n\n\n\n

    Bianco identified the address of the Polygon wallet that siphoned approximately 86,600 MATIC tokens, valued at about $50,800. An additional 3.35 ETH (roughly $5,750) of his stolen assets remained inaccessible on Arbitrum. Bianco also claimed that other users had swiped smaller amounts of his cryptocurrency.<\/p>\n\n\n\n

    The YouTuber confirmed the loss of roughly $60,000 in tokens and NFTs. He reported the incident to the police but doubted their ability to understand it. Consequently, Bianco intends to collaborate with the community to recover his assets.<\/p>\n\n\n\n

    Not All Hope Is Gone<\/h2>\n\n\n\n

    After the theft, an unknown individual contacted Bianco on Discord and returned the 86,600 MATIC tokens. Although some questioned the legitimacy of these events, Bianco insisted that he did not take any action to recover the funds. He also refrained from disclosing the identity of the individual who returned the assets, expressing a desire not to harm him.<\/p>\n\n\n\n

    Regarding the other individuals who allegedly stole smaller amounts from his wallet, Bianco stated they are under surveillance and will be located. He hopes that his incident serves as a warning to others not to repeat his mistake.<\/p>\n","post_title":"YouTuber Loses $60,000 In Crypto And NFTs Due To Livestream Blunder","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"youtuber-loses-60000-in-crypto-and-nfts-due-to-livestream-blunder","to_ping":"","pinged":"","post_modified":"2023-09-02 01:14:03","post_modified_gmt":"2023-09-01 15:14:03","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=13198","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"};

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