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'EtherHiding’ hack uses Binance blockchain to extort WordPress users

Researchers at Guardio Labs have discovered a new attack known as ‘EtherHiding,’ which uses Binance Smart Chain and Bullet-Proof Hosting to serve malicious code within victims’ web browsers. Unlike an earlier suite of fake update hacks that exploited WordPress, this variant uses a new tool: Binance’s blockchain . Earlier, non-blockchain variants interrupted a webpage visit with a realistic-looking, browser-styled ‘Update’ prompt. A victim’s mouse click installed malware. Due to the cheap, fast, and poorly policed programmability of Binance Smart Chain, hackers can serve a devastating payload of code directly from this blockchain. To be clear, this is not a MetaMask attack. Hackers simply serve malicious code inside victims’ web browsers that looks like any webpage that the hacker wants to create — hosted and served in an unstoppable manner. Using Binance’s blockchain to serve code, hackers attack victims for various extortion scams. Indeed, EtherHiding ...

Elbaite review: empowering users with self-custody

For crypto traders who prioritize self-custody, security, and peer-to-peer trading, Elbaite can be an option to consider. The Australian cryptocurrency exchange operates on a non-custodial model, allowing users to trade directly from their own crypto wallets. By embracing this approach, Elbaite not only aims to provide a safer trading environment but also offers cost-effectiveness and efficiency. Elbaite’s inception steps from the personal experiences of founders Morty and Samira Tollo, who encountered exchange hacks and other issues when using centralized exchanges. They created Elbaite peer-to-peer exchange that allows users to retain custody, that is, self-custody of their assets throughout their trading experience. As a platform built by traders for traders, Elbaite prioritizes user empowerment by providing a range of features, robust security as well as a user-friendly experience. Let’s explore the features, pros and cons of the Elbaite P2P crypto exchange. History and b...

A semi-centralized exchange to provide a ‘trade-to-own’ feature to engage users

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As the Web3 space continues to evolve, crypto exchanges are finding new ways to engage their users in their mission to success. The crypto industry is a constantly evolving sector. What may be the standard today can easily be very different tomorrow. Therefore, it is crucial for companies and platforms like crypto exchange s to stay on the cutting edge and implement new innovations. Community building is a vital element in running a successful business, irrespective of whether it offers crypto services or not. To cultivate communities based on shared interests, decentralized platforms and social tokens prove to be valuable tools. In addition, gamification and token-based rewards play a key role in motivating user involvement. A report by the Boston Consulting Group highlights the potential for Web3 technologies to create innovative loyalty programs that drive engagement and strengthen brand-consumer relationships. Engaging stakeholders Within the dynamic crypto industry, many projects...

Richard Heart’s Pulse launch flops, users stranded, HEX crashes

Fans of Richard Heart awaited the launch of his magnum opus, Pulse, with bated breath. They forgave HEX for languishing 80% below all-time highs — or worse — while they waited. They forgave months of delays, SEC subpoenas, and hundreds of millions of dollars worth of inaccessible funds. Finally, after four testnets and inexplicable postponement, Heart’s blockchain and its DEX activated mainnet on May 13. A bridge to other blockchains went live two days later. The chart of Heart’s first project HEX illustrates the “sell the news” dump of Pulse. In Wall Street parlance, sophisticated traders buy amid rumors and sell into retail buying on the day of the news — hence the adage, sell the news. From May 1 through May 22, neither PulseChain (PLS) nor PulseX (PLSX) had any major exchange listing. HEX was the only asset of Richard’s three tokens with liquid, independent price discovery. HEX is therefore the best measure of the value of Heart’s empire. To that end, consider ...