📰 North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting Atomic Wallet users, cryptocurrency analytics firm Elliptic said Tuesday.
Elliptic said more than 5,500 digital wallets were hit by hackers. These hackers were part of the North Korean cybercrime group known as Lazarus.
The firm based in Estonia previously said that it “received reports of wallets being compromised” and hired another cryptocurrency analytics firm, Chainalysis, to investigate the incident and track down stolen funds. Chainalysis declined to comment.
#CoinswapSpace #Finance #CryptoWorld #Technology #Innovation #Blockchain #Crypto #DeFi #Fintech #Tokens #AMM
Elliptic said more than 5,500 digital wallets were hit by hackers. These hackers were part of the North Korean cybercrime group known as Lazarus.
The firm based in Estonia previously said that it “received reports of wallets being compromised” and hired another cryptocurrency analytics firm, Chainalysis, to investigate the incident and track down stolen funds. Chainalysis declined to comment.
#CoinswapSpace #Finance #CryptoWorld #Technology #Innovation #Blockchain #Crypto #DeFi #Fintech #Tokens #AMM
💡 Interoperability and cross-chain trading are essential concepts in decentralized exchanges (DEX), offering immense potential for seamless trading across different blockchain networks. However, achieving this level of connectivity poses both challenges and necessitates innovative solutions.
☝️ One of the major challenges is the lack of standardized protocols and infrastructure to facilitate interoperability between disparate blockchains. Blockchain networks typically operate with unique rules, consensus mechanisms, and smart contract capabilities. Harmonizing these diverse systems is crucial for cross-chain transactions on DEX.
#CryptoVocabulary #Finance #CryptoWorld #Technology #Innovation #Blockchain #Crypto #DeFi #Fintech #Tokens #AMM
☝️ One of the major challenges is the lack of standardized protocols and infrastructure to facilitate interoperability between disparate blockchains. Blockchain networks typically operate with unique rules, consensus mechanisms, and smart contract capabilities. Harmonizing these diverse systems is crucial for cross-chain transactions on DEX.
#CryptoVocabulary #Finance #CryptoWorld #Technology #Innovation #Blockchain #Crypto #DeFi #Fintech #Tokens #AMM