Hacked
Mango Markets exploiter said actions were ‘legal,’ but was it?
The $117 million Mango Markets exploiter has defended that their actions were ‘legal,’ but a lawyer suggests that they could still face consequences. Self-described digital art dealer Avraham Eisenberg, outed himself as the exploiter in a series of tweets on Oct. 15 claiming he and a team undertook a “highly profitable trading strategy” and that it was “legal open market actions, using the protocol as designed.” I believe all of our actions were legal open market actions, using the protocol as designed, even if the development team did not fully anticipate all the consequences of setting parameters the way they are. — Avraham Eisenberg (@avi_eisen) October 15, 2022 The Oct. 11 exploit worked through Eisenberg and his team manipulating the value of their posted collateral — the platforms’ n...
Audius Hacked for $1 Million Via Malicious Governance Proposal
In the midst of a blistering $2 trillion crypto crash that has roiled the blockchain industry, the world’s leading blockchain-based streaming platform has sustained a seven-figure attack. In a malicious exploit that used the platform’s built-in governance structure as a means to withdraw tokens, Audius reportedly sustained a hack which saw the perpetrator make a speedy exit with over $1 million. According to Cointelegraph, the hacker was able to solely request the transfer of 18 million $AUDIO tokens by establishing themselves as the singular guardian of the contract, known as “Proposal #85.” The 18 million tokens were originally worth $6 million at the time, but due to the hacker’s move to hastily dump the reserves on the open market simultaneously, the resul...
Russian “Troll Factory” Targets Daft Punk, David Guetta, Tiësto’s Social Media: Report
Electronic music pioneers Daft Punk, David Guetta and Tiësto‘s social media accounts have reportedly been targeted by a disinformation operation launched by internet trolls in Saint Petersburg, Russia. According to The Guardian, the “troll factory” is allegedly linked to Yevgeny Prigozhin, the founder of Internet Research Agency. The organization had been suspected of interfering in the United States’ 2016 election, according to the U.S. House of Representatives Permanent Select Committee on Intelligence. The headquarters of IRA are believed to be in a rented space in Saint Petersburg’s Arsenal Machine-building Factory, which manufactures military equipment and technology. Daft Punk, Guetta and Tiësto were appa...
Grimes Admits to Involvement In Hack That Disrupted Indie Music Blog
Grimes is making it clear she isn’t going to take any Internet backlash sitting down. In a new interview with Vanity Fair, Grimes revealed what she calls her “coolest hacker moment,” reflecting on her inventive approach to dealing with some unfair press that rattled her career in 2012. A photo snapped of Grimes at a party—where she was seen kissing a friend—had been leaked to the now defunct publication, Hipster Runoff. Grimes explained that the story Hipster Runoff published was mean-spirited and made her the subject of a viral meme during a formative time in her career. So she decided to take action, contacting a friend at a video game company who coordinated a DDos attack on her behalf. DDos attacks are illegal in practice, so Grimes kept the story light on any revealing details. Scroll...
