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Nine days after a damaging exploit drained assets from its Shibarium bridge, Shiba Inu’s developers have issued their most detailed update yet. The update outlines containment measures while conceding to profound structural weaknesses in the project’s validator network. The attack on September 12 exploited a flaw at the heart of Shibarium’s proof-of-stake bridge, where validators … Read more
The U.S. Department of Justice has launched a forfeiture action to recover nearly $2.3 million worth of Bitcoin tied to a new ransomware group dubbed Chaos. Summary A civil complaint has been filed to forfeit over $2.3 million in Bitcoin tied to a Chaos ransomware group member. The FBI seized the funds in April this … Read more
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