lost

Over $1b in ether was lost forever due to bugs and errors

0xMain
March 22, 2023

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More than $1 billion of ether (ETH) has been permanently lost due to software bugs and human error. The revelation comes from a study by Conor Grogan, Coinbase’s director of product strategy and business operations. The report revealed that 636,000 ether, or about...

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ParaSpace overcomes hack, almost lost $5m in NFTs

0xMain
March 17, 2023

hack, Hacking, lost, NFTs, overcomes, ParaSpace

In the early hours of March 17, 2023, ParaSpace, an NFT lending project, faced a hack attack but salvaged 2900 ETH (around $5 million) worth of BAYC NFTs. The platform achieved this after noticing a suspicious transaction and halting the entire protocol. ParaSpace...

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Attorney believes that SEC has lost Ripple case

0xMain
February 21, 2023

attorney, believes, case, Hacking, lost, Ripple, SEC

Attorney John E. Deaton, through a recent statement, reaffirmed his conviction that the SEC is not acting in line with the law but rather to strengthen its control over the expanding market. He believes this to be the case since the SEC’s primary objective is...