In 2023, the cryptocurrency sector experienced a series of significant hacks, starting with the Bitrue Exchange heist in April, resulting in a loss of $23 million. This was closely followed by the GDAC hack on April 9, with losses near $13 million, and the perplexing Crypto Whale Mystery in the same month, leading to a $10 million loss. <\/p>\n\n\n\n
In March, Euler Finance suffered a massive $200 million hack, and Deus Finance lost over $6 million in May. The middle of the year saw the Atomic Wallet and Curve Finance hacks in June and July, with losses of over $100 million and $60 million, respectively. July also witnessed the MultiChain hack or rug pull, amounting to approximately $125 million. <\/p>\n\n\n\n
August brought the CoinsPaid phishing scam, resulting in a $37 million loss. September was particularly harsh with the Mixin breach, TrustWallet scam, Stake hack, and CoinEx hack, collectively amounting to over $350 million in losses. The series of hacks concluded in October with a $4.4 million loss due to the LastPass data breach. The total amount lost in recorded cryptocurrency hacks in 2023 is approximately $929.4 million.\u200b<\/p>\n","post_title":"Poloniex Falls Prey To Major Hack Of Over $126 Million In Crypto Stolen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"poloniex-falls-prey-to-major-hack-of-over-126-million-in-crypto-stolen","to_ping":"","pinged":"","post_modified":"2023-11-20 16:04:45","post_modified_gmt":"2023-11-20 05:04:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14264","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14359,"post_author":"2","post_date":"2023-11-18 01:41:50","post_date_gmt":"2023-11-17 14:41:50","post_content":"\n
Hong Kong, Hong Kong, November 15th, 2023, Chainwire<\/strong><\/span><\/p> Sleek<\/a>, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses.\u00a0<\/p> Officially launched in April 2023, the company aims to revolutionize human connection by making networking simple, fun, and productive. Sleek offers a comprehensive platform that enables users to seamlessly exchange information, onboard new people into their network, as well as incentivize community building via Web3 Social Finance (SocialFi) business models. For the very first time, users can directly monetize their content and social capital to become a new class of creators.<\/p> Sleek's first product, Sleek Card, was designed to empower Web3 professionals to network in person. Each card creates a blockchain wallet and a decentralized identity for each user, seamlessly onboarding individuals into the Web3 space. Sleek Card leverages NFC technology and its proprietary messaging bot to help users efficiently capture data and manage contacts, creating powerful on-chain social graphs.<\/p> To date, the Sleek Card has powered over 300,000 connections, solidifying its position as a leading player in the Web3 space. Sleek Card has also partnered with Solana Hacker Houses, Coinfest, Digital Art Fair, and NFTNow to bring innovative event experiences to life.\u00a0<\/p> In the first half of 2024, Sleek will launch an open marketplace that empowers domain experts to become creators by tokenizing their knowledge into liquid and accessible assets. The future holds the promise of a more equitable, user-centric, and transparent digital social landscape.<\/p> Sleek\u2019s investors include Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Genblock Capital, Big Brain Holdings, Market Across, Emirates Consortium, Arkstream, Perridon, GBV, and several angel investors. Binance Labs, the VC arm of Binance, invested in Sleek through the Binance Labs Incubation Program.<\/p> With blockchain-based social assets and a suite of pioneering products, Sleek is poised to reshape the social networking landscape and open new doors for creators to prosper in the Web3 era.<\/p> About Sleek<\/strong><\/p> Sleek<\/a> is a Hong Kong-based Web3 social network that revolutionizes authentic human connection in the digital age. Their mission is to power the ownership economy and bring blockchain-powered social media to the masses.<\/p> Sleek\u2019s platform consists of Sleek Card and a knowledge marketplace launching in the first half of 2024. Sleek Card is an identity platform for seamless networking in person. Sleek\u2019s NFC cards and proprietary messaging bot bring together the user\u2019s collective identities with a single tap, facilitating 300,000+ connections and powering 60+ global events. Sleek\u2019s knowledge marketplace facilitates the discovery of domain experts who can monetize directly with consumers.<\/p> For more information visit Sleek\u2019s: Official Website<\/a> | Twitter<\/a> | Telegram<\/a> <\/p> This hack was just one of several to hit the cryptocurrency landscape in 2023, raising concerns about the security of digital assets. This prompts a heightened focus on cybersecurity within the industry.<\/p>\n\n\n\n In 2023, the cryptocurrency sector experienced a series of significant hacks, starting with the Bitrue Exchange heist in April, resulting in a loss of $23 million. This was closely followed by the GDAC hack on April 9, with losses near $13 million, and the perplexing Crypto Whale Mystery in the same month, leading to a $10 million loss. <\/p>\n\n\n\n In March, Euler Finance suffered a massive $200 million hack, and Deus Finance lost over $6 million in May. The middle of the year saw the Atomic Wallet and Curve Finance hacks in June and July, with losses of over $100 million and $60 million, respectively. July also witnessed the MultiChain hack or rug pull, amounting to approximately $125 million. <\/p>\n\n\n\n August brought the CoinsPaid phishing scam, resulting in a $37 million loss. September was particularly harsh with the Mixin breach, TrustWallet scam, Stake hack, and CoinEx hack, collectively amounting to over $350 million in losses. The series of hacks concluded in October with a $4.4 million loss due to the LastPass data breach. The total amount lost in recorded cryptocurrency hacks in 2023 is approximately $929.4 million.\u200b<\/p>\n","post_title":"Poloniex Falls Prey To Major Hack Of Over $126 Million In Crypto Stolen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"poloniex-falls-prey-to-major-hack-of-over-126-million-in-crypto-stolen","to_ping":"","pinged":"","post_modified":"2023-11-20 16:04:45","post_modified_gmt":"2023-11-20 05:04:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14264","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14359,"post_author":"2","post_date":"2023-11-18 01:41:50","post_date_gmt":"2023-11-17 14:41:50","post_content":"\n Hong Kong, Hong Kong, November 15th, 2023, Chainwire<\/strong><\/span><\/p> Sleek<\/a>, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses.\u00a0<\/p> Officially launched in April 2023, the company aims to revolutionize human connection by making networking simple, fun, and productive. Sleek offers a comprehensive platform that enables users to seamlessly exchange information, onboard new people into their network, as well as incentivize community building via Web3 Social Finance (SocialFi) business models. For the very first time, users can directly monetize their content and social capital to become a new class of creators.<\/p> Sleek's first product, Sleek Card, was designed to empower Web3 professionals to network in person. Each card creates a blockchain wallet and a decentralized identity for each user, seamlessly onboarding individuals into the Web3 space. Sleek Card leverages NFC technology and its proprietary messaging bot to help users efficiently capture data and manage contacts, creating powerful on-chain social graphs.<\/p> To date, the Sleek Card has powered over 300,000 connections, solidifying its position as a leading player in the Web3 space. Sleek Card has also partnered with Solana Hacker Houses, Coinfest, Digital Art Fair, and NFTNow to bring innovative event experiences to life.\u00a0<\/p> In the first half of 2024, Sleek will launch an open marketplace that empowers domain experts to become creators by tokenizing their knowledge into liquid and accessible assets. The future holds the promise of a more equitable, user-centric, and transparent digital social landscape.<\/p> Sleek\u2019s investors include Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Genblock Capital, Big Brain Holdings, Market Across, Emirates Consortium, Arkstream, Perridon, GBV, and several angel investors. Binance Labs, the VC arm of Binance, invested in Sleek through the Binance Labs Incubation Program.<\/p> With blockchain-based social assets and a suite of pioneering products, Sleek is poised to reshape the social networking landscape and open new doors for creators to prosper in the Web3 era.<\/p> About Sleek<\/strong><\/p> Sleek<\/a> is a Hong Kong-based Web3 social network that revolutionizes authentic human connection in the digital age. Their mission is to power the ownership economy and bring blockchain-powered social media to the masses.<\/p> Sleek\u2019s platform consists of Sleek Card and a knowledge marketplace launching in the first half of 2024. Sleek Card is an identity platform for seamless networking in person. Sleek\u2019s NFC cards and proprietary messaging bot bring together the user\u2019s collective identities with a single tap, facilitating 300,000+ connections and powering 60+ global events. Sleek\u2019s knowledge marketplace facilitates the discovery of domain experts who can monetize directly with consumers.<\/p> For more information visit Sleek\u2019s: Official Website<\/a> | Twitter<\/a> | Telegram<\/a> <\/p> This hack was just one of several to hit the cryptocurrency landscape in 2023, raising concerns about the security of digital assets. This prompts a heightened focus on cybersecurity within the industry.<\/p>\n\n\n\n In 2023, the cryptocurrency sector experienced a series of significant hacks, starting with the Bitrue Exchange heist in April, resulting in a loss of $23 million. This was closely followed by the GDAC hack on April 9, with losses near $13 million, and the perplexing Crypto Whale Mystery in the same month, leading to a $10 million loss. <\/p>\n\n\n\n In March, Euler Finance suffered a massive $200 million hack, and Deus Finance lost over $6 million in May. The middle of the year saw the Atomic Wallet and Curve Finance hacks in June and July, with losses of over $100 million and $60 million, respectively. July also witnessed the MultiChain hack or rug pull, amounting to approximately $125 million. <\/p>\n\n\n\n August brought the CoinsPaid phishing scam, resulting in a $37 million loss. September was particularly harsh with the Mixin breach, TrustWallet scam, Stake hack, and CoinEx hack, collectively amounting to over $350 million in losses. The series of hacks concluded in October with a $4.4 million loss due to the LastPass data breach. The total amount lost in recorded cryptocurrency hacks in 2023 is approximately $929.4 million.\u200b<\/p>\n","post_title":"Poloniex Falls Prey To Major Hack Of Over $126 Million In Crypto Stolen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"poloniex-falls-prey-to-major-hack-of-over-126-million-in-crypto-stolen","to_ping":"","pinged":"","post_modified":"2023-11-20 16:04:45","post_modified_gmt":"2023-11-20 05:04:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14264","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14359,"post_author":"2","post_date":"2023-11-18 01:41:50","post_date_gmt":"2023-11-17 14:41:50","post_content":"\n Hong Kong, Hong Kong, November 15th, 2023, Chainwire<\/strong><\/span><\/p> Sleek<\/a>, a Web3 social network, today announces they have successfully raised US$5 million in a seed round, enabling them to power the ownership economy and bring blockchain-powered social media to the masses.\u00a0<\/p> Officially launched in April 2023, the company aims to revolutionize human connection by making networking simple, fun, and productive. Sleek offers a comprehensive platform that enables users to seamlessly exchange information, onboard new people into their network, as well as incentivize community building via Web3 Social Finance (SocialFi) business models. For the very first time, users can directly monetize their content and social capital to become a new class of creators.<\/p> Sleek's first product, Sleek Card, was designed to empower Web3 professionals to network in person. Each card creates a blockchain wallet and a decentralized identity for each user, seamlessly onboarding individuals into the Web3 space. Sleek Card leverages NFC technology and its proprietary messaging bot to help users efficiently capture data and manage contacts, creating powerful on-chain social graphs.<\/p> To date, the Sleek Card has powered over 300,000 connections, solidifying its position as a leading player in the Web3 space. Sleek Card has also partnered with Solana Hacker Houses, Coinfest, Digital Art Fair, and NFTNow to bring innovative event experiences to life.\u00a0<\/p> In the first half of 2024, Sleek will launch an open marketplace that empowers domain experts to become creators by tokenizing their knowledge into liquid and accessible assets. The future holds the promise of a more equitable, user-centric, and transparent digital social landscape.<\/p> Sleek\u2019s investors include Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, Genblock Capital, Big Brain Holdings, Market Across, Emirates Consortium, Arkstream, Perridon, GBV, and several angel investors. Binance Labs, the VC arm of Binance, invested in Sleek through the Binance Labs Incubation Program.<\/p> With blockchain-based social assets and a suite of pioneering products, Sleek is poised to reshape the social networking landscape and open new doors for creators to prosper in the Web3 era.<\/p> About Sleek<\/strong><\/p> Sleek<\/a> is a Hong Kong-based Web3 social network that revolutionizes authentic human connection in the digital age. Their mission is to power the ownership economy and bring blockchain-powered social media to the masses.<\/p> Sleek\u2019s platform consists of Sleek Card and a knowledge marketplace launching in the first half of 2024. Sleek Card is an identity platform for seamless networking in person. Sleek\u2019s NFC cards and proprietary messaging bot bring together the user\u2019s collective identities with a single tap, facilitating 300,000+ connections and powering 60+ global events. Sleek\u2019s knowledge marketplace facilitates the discovery of domain experts who can monetize directly with consumers.<\/p> For more information visit Sleek\u2019s: Official Website<\/a> | Twitter<\/a> | Telegram<\/a> <\/p>\u201cWe are launching monetization models in our platform that are only possible through the blockchain, so talented creators from various verticals who don\u2019t have a full team supporting them can earn sustainably\u201d, said co-founder, Tania Tse.\u00a0\u00a0<\/blockquote>
\u201cLeveraging our own experiences and lessons learnt, we are building applications alongside our users to power the future of Web3 social\u201d, said co-founder, Chase Guo.<\/blockquote>
Contact<\/h5>Marketing and PR<\/strong>
<\/span>Sleek<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Sleek, the Web3 Social Network, Raises US$5m to Power the Ownership Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"sleek-the-web3-social-network-raises-us5m-to-power-the-ownership-economy","to_ping":"","pinged":"","post_modified":"2023-11-18 01:41:50","post_modified_gmt":"2023-11-17 14:41:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14359","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"};
\u201cWe are launching monetization models in our platform that are only possible through the blockchain, so talented creators from various verticals who don\u2019t have a full team supporting them can earn sustainably\u201d, said co-founder, Tania Tse.\u00a0\u00a0<\/blockquote>
\u201cLeveraging our own experiences and lessons learnt, we are building applications alongside our users to power the future of Web3 social\u201d, said co-founder, Chase Guo.<\/blockquote>
Contact<\/h5>Marketing and PR<\/strong>
<\/span>Sleek<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Sleek, the Web3 Social Network, Raises US$5m to Power the Ownership Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"sleek-the-web3-social-network-raises-us5m-to-power-the-ownership-economy","to_ping":"","pinged":"","post_modified":"2023-11-18 01:41:50","post_modified_gmt":"2023-11-17 14:41:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14359","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"};
Recorded Hacks Of The Year<\/h2>\n\n\n\n
\u201cWe are launching monetization models in our platform that are only possible through the blockchain, so talented creators from various verticals who don\u2019t have a full team supporting them can earn sustainably\u201d, said co-founder, Tania Tse.\u00a0\u00a0<\/blockquote>
\u201cLeveraging our own experiences and lessons learnt, we are building applications alongside our users to power the future of Web3 social\u201d, said co-founder, Chase Guo.<\/blockquote>
Contact<\/h5>Marketing and PR<\/strong>
<\/span>Sleek<\/strong>
<\/span>[email protected]<\/strong>
<\/span>\n","post_title":"Sleek, the Web3 Social Network, Raises US$5m to Power the Ownership Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"","post_password":"","post_name":"sleek-the-web3-social-network-raises-us5m-to-power-the-ownership-economy","to_ping":"","pinged":"","post_modified":"2023-11-18 01:41:50","post_modified_gmt":"2023-11-17 14:41:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14359","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"};