How a Hacker Lost His ETH While Attacking Rainbow Bridge
Aurora Labs' security system warded off yet another bridge attack, slashing the attacker of $8,000 worth of ETH in the process.
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Aurora Labs' security system warded off yet another bridge attack, slashing the attacker of $8,000 worth of ETH in the process.
It has been revealed that the Rainbow Bridge of Near Protocol survived a failed hacking attempt over the weekend.
Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today's surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines.
In a welcome change from the recent norm, Near bridge Rainbow has successfully repelled an attempted hack thanks to its security priorities.
Bitcoin could slide to “summer lows near $18,700,” one trader said.
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.
The Rainbow Bridge hack over the weekend saw funds returned in 31 seconds with no harm to users, but the attackers lost 5 Ethereum in the process.
Aurora Labs CEO Alex Shevchenko revealed on Monday that the NEAR-ETH Rainbow bridge was the target of a hacking attempt over the weekend. However, protocols put in place successfully defended the bridge against the hacker while user funds remained secure.
Alex Shevchenko, CEO of Aurora Labs, shared details of how malefactors tried to hack Rainbow again
Before the year ends, many cryptocurrency project developers are looking forward to sending their cryptos on an upward journey. This impetus comes after the crypto world's major collapse in May, the effects of which most industry players have not properly reversed yet until now.
NEAR Protocol price analysis implies buying with limited price action. The bulls attempt the hold the key support area following the previous session's downside momentum.
The cryptocurrency market is one of the largest financial markets around the world. Since the launch of this market, it has created wealth for multiple users from its large price moves. However, buying and selling cryptocurrencies are equally risky and rewarding.
The global crypto market has been generous enough to emerging protocols and its native assets. A number of sprouting protocols have managed to establish their reign in the industry. One such is the Near Protocol, which has been growing in prominence.
A closely tracked analyst is warning crypto traders that the rallies of Ethereum (ETH), Binance Coin (BNB) and two other altcoins could soon hit a pit stop.
On 10 August, Coinbase, one of the world's leading exchanges, announced the inclusion of NEAR on its listing roadmap. This suggested that the altcoin is now among the assets that the exchange plans to make available on its platform.
Coinspeaker NEAR Token Jumps 12% as Coinbase Adds Support for Near Protocol
Ethereum is a leader in the latest market rally as it benefits from “Merge” optimism after Goerli success.
The altcoins drove the crypto market today to close above $1.1 trillion despite the disappointing results of Coinbase's Q2 Earnings report.
NEAR Protocol's native token, NEAR, surged after cryptocurrency exchange Coinbase added it to Coinbase's listing roadmap.
An Ethereum (ETH) competitor that's working to accelerate Web 3.0 adoption is soaring after top US crypto exchange Coinbase put it on the path to joining its trading roster. The Coinbase listing roadmap is made up of crypto projects currently under consideration to be included among the exchange's growing list of supported assets.
The Near blockchain network's native token jumped 12% after Coinbase's announcement.
Near protocol, analysis indicates a bullish outlook in the token. However, for the past three sessions, the pair consolidates near the higher levels.
Blockchain protocol NEAR has announced the release of its JavaScript Software Development Kit. In this way, the NEAR JS SDK will allow JavaScript developers to connect to the network.
The average price of BTC for the last 30 days is $22,245.3