Posts

Showing posts with the label smart contract

DeFi security researcher implicated in $50M Radiant Capital hack

A prolific blockchain security researcher and smart contract hack investigator going by the name Nick L. Franklin is suspected of involvement in October’s $50 million hack on Radiant Capital, carried out by the notorious North Korean hacking collective Lazarus Group. Fellow security researchers were alerted to suspicious behaviour by decentralized exchange 1inch’s Anton Bukov, and began digging into the messaging history of Franklin’s (now deleted) Telegram account. Beware of @0xNickLFranklin (https://t.co/YuHYAvEerT), he is very likely a scammer pretending to be a security engineer. He sent me an APP file as a report and erased our chat and banned me after I asked WTF. — Anton Bukov (e/acc) (@k06a) March 26, 2025 Read more: Radiant Capital’s $50M crypto hack underlines DeFi’s multisig dependence For well over a year, Franklin’s handle has been consistently active in crypto security-focused Telegram groups. In the wake of even small dollar-value hack...

Bitcoin: Top 3 Suspects Who Could Be Satoshi Nakamoto

Image
The emergence of cryptocurrencies has changed the financial landscape. When Satoshi Nakamoto created and released Bitcoin (BTC) in 2009, it revolutionized how people transacted. Although BTC has brought a new chapter to the history of banking, its creator is still one of the great mysteries of the contemporary era. Bitcoin (BTC) made its public debut in January 2009. Its whitepaper was first released in October 2008 under the alias Satoshi Nakamoto. Even though his, her, or their creation has become a global sensation, traders, investors, and the general public are still perplexed about who Satoshi is. Also Read: Shiba Inu (SHIB) & Bitcoin (BTC) Price Prediction For Mid-October 2024 A recent HBO documentary, “Electric Money: The Bitcoin Mystery,” pointed at Peter Todd as a potential candidate for Satoshi, which the individual has denied. The community is split about whether Todd is behind the BTC movement. Let’s discuss three individuals who may be behind the Satoshi N...

Bitcoin advocate floats BTC as a solution to US student loan problems

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years. Following United States President Joe Biden's announcement of a student loan forgiveness plan that aims to cancel the debt of up to $20,000 for millions of Americans, a Bitcoin (BTC) supporter proposed an alternative method to pay off the loans.  Dennis Porter, the CEO of the non-profit organization called Satoshi Action Fund, tweeted that there's another way for the U.S. government to solve the student loan issue. According to Porter, Biden could give each debtor some BTC worth $10,000 and lock it within a smart contract for 10 years. The non-profit executive explained that the contract should be sufficient to pay off the remaining balance once it is released.  Community members criticized Porter's mention of a smart contract as some believe that the Bitcoin network cannot support this. One Twitter user replied to porter and urged him to not just "lump ra...