• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Mysten Labs of Sui Blockchain Hacked on Discord

August 29, 2022
in Blockchain
Reading Time: 16 mins read
A A
ShareShareShareShareShare

Sui blockchain designers Mysten Labs is the latest blockchain firm to face a crypto hack. The firm has announced that its Discord server has been hacked.

The blockchain company has warned people not to click any links posted on the server in the eight hours prior to its Twitter announcement and said that the team is working to fix the mess.

Related articles

THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

January 28, 2023

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

January 28, 2023

An unverified screenshot shared on Twitter stated that hackers had put a link of a rumoured crypto airdrop on the announcement channel in the server. Mysten Labs made such an announcement on Saturday, and so far, no other further updates have been published.

Sui blockchain, a permissionless proof-stake blockchain, is the first product offered by Mysten Labs, launched in March this year. 

Mysten Labs, a web3 infrastructure firm, was established by Evan Cheng, Sam Blackshear, Adeniyi Abiodun, and George Danezis, four former developers from Meta’s once-ambitious cryptocurrency project Novi. In the past, the four specialists were involved in the development of the Diem blockchain and its Move programming language.

Last December, Mysten Labs raised a $36 million funding round participated by high-profile investors, including Andreessen Horowitz and Coinbase Ventures. Last month, Mysten Labs announced that it was targeting a $2 billion valuation.

 $1.4 Billion Stolen This Year Through Breaches

This year, hacks and scams have hit crypto investors hard. Cybercriminals have so far found a particularly useful avenue – blockchain bridges – to siphon customers’ funds.

Blockchain bridges, which normally connect networks to enable the fast swaps of tokens, are getting increasing popularity as a way for crypto users to do transactions. Thanks to blockchain bridge technology, crypto users are bypassing centralized exchanges.

However, since the beginning of this year, a total of about $1.4 billion has been lost through breaches on such cross-chain bridges. According to blockchain analytics firm Chainalysis, the bridge exploits are happening at a striking rate as they are a new phenomenon.

In February, Wormhole, one of the most popular bridges linking the Ethereum and Solana blockchains, was hit by a hack that stole around $320 million.

In June, hackers stole $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony.

Early this month, hackers stole almost $200 million from Nomad, a bridge protocol for transferring crypto tokens across different blockchains.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend – Bitcoin News

Next Post

Tezos (XTZ) Nurses From Bad Fall In Last 7 Days After Binance Asset Freeze

Related Posts

THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage While THORChain (RUNE) started the year with...

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

January 28, 2023

The United States Securities and Exchange Commission (SEC) has begun an investigation into traditional financial advisors on Wall Street to...

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

January 28, 2023

During the selling phase of the initial public offering (IPO), which took place in 2021, investors in the cryptocurrency mining...

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The value of MATIC, the native token...

White House: Crypto Regulation Drama

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The White House blamed Congress on Friday...

Load More
Next Post

Tezos (XTZ) Nurses From Bad Fall In Last 7 Days After Binance Asset Freeze

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Polygon teams up with WEF international leaders to improve Web3 and the future. Keep an eye on these DeFi trends

January 16, 2023

World Economic Forum discloses its future vision for crypto

January 4, 2023

Mango Markets exploiter slammed with new lawsuit

January 26, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • How crypto turned Portugal into a promised land for entrepreneurs
  • Biden Administration announces roadmap for reducing crypto risks
  • THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,076.00-0.25%
  • ethereumEthereum(ETH)$1,581.69-0.33%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.00-0.01%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • binancecoinBNB(BNB)$307.790.60%
  • rippleXRP(XRP)$0.4122030.48%
  • binance-usdBinance USD(BUSD)$1.00-0.07%
  • cardanoCardano(ADA)$0.3869131.29%
  • dogecoinDogecoin(DOGE)$0.0889792.82%
  • matic-networkPolygon(MATIC)$1.15-0.52%
  • okbOKB(OKB)$39.018.28%
  • solanaSolana(SOL)$24.210.26%
  • staked-etherLido Staked Ether(STETH)$1,579.45-0.45%
  • polkadotPolkadot(DOT)$6.46-0.03%
  • shiba-inuShiba Inu(SHIB)$0.0000122.40%
  • avalanche-2Avalanche(AVAX)$20.7513.62%
  • litecoinLitecoin(LTC)$88.350.41%
  • tronTRON(TRX)$0.062649-0.51%
  • daiDai(DAI)$1.00-0.05%
  • uniswapUniswap(UNI)$6.69-0.64%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,049.000.08%
  • cosmosCosmos Hub(ATOM)$13.391.53%
  • ToncoinToncoin(TON)$2.552.88%
  • chainlinkChainlink(LINK)$7.270.05%
  • leo-tokenLEO Token(LEO)$3.79-1.21%
  • moneroMonero(XMR)$182.643.85%
  • ethereum-classicEthereum Classic(ETC)$21.870.17%
  • AptosAptos(APT)$18.262.30%
  • bitcoin-cashBitcoin Cash(BCH)$133.32-1.57%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.0930030.76%
  • apecoinApeCoin(APE)$6.11-1.52%
  • quant-networkQuant(QNT)$148.73-2.37%
  • nearNEAR Protocol(NEAR)$2.48-0.66%
  • crypto-com-chainCronos(CRO)$0.0812530.33%
  • filecoinFilecoin(FIL)$5.31-0.51%
  • lido-daoLido DAO(LDO)$2.28-4.13%
  • algorandAlgorand(ALGO)$0.2572391.83%
  • vechainVeChain(VET)$0.024107-1.58%
  • hedera-hashgraphHedera(HBAR)$0.068309-1.58%
  • internet-computerInternet Computer(ICP)$5.96-0.85%
  • axie-infinityAxie Infinity(AXS)$11.490.60%
  • decentralandDecentraland(MANA)$0.702.82%
  • aaveAave(AAVE)$85.28-3.58%
  • eosEOS(EOS)$1.09-2.25%
  • the-sandboxThe Sandbox(SAND)$0.74-1.12%
  • fantomFantom(FTM)$0.450953-4.69%
  • flowFlow(FLOW)$1.06-1.54%
  • elrond-erd-2MultiversX(EGLD)$44.560.96%