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Nomad Bridge Hacked | Crypto Hacked News | Crypto News Today | Latest Crypto News | Voice of Crypto

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Nomad crypto bridge loses $200 million in a ‘chaotic’ hack. After a few quiet months, it’s happened again: another blockchain bridge hack with losses in the hundreds of millions of dollars. Nomad, a cryptocurrency bridge that lets users swap tokens between blockchains, is the latest to be hit after a frenzied attack on Monday, which left almost $200 million of its funds drained. The hack was acknowledged by the Nomad project’s official Twitter account on Monday, August 1st, initially as an “incident” that was being investigated. In a further statement released early Tuesday morning, Nomad said that the team was “working around the clock to address the situation” and had also notified law enforcement. In another Twitter thread, samczsun — a researcher at the crypto and Web3 investment firm Paradigm — explained that the exploit was made possible by a misconfiguration of the project’s main smart contract that allowed anyone with a basic understanding of the code to authorize withdrawals to themselves. “This is why the hack was so chaotic,” samczsun wrote. “[Y]ou didn’t need to know about Solidity or Merkle Trees or anything like that. All you had to do was find a transaction that worked, find/replace the other person’s address with yours, and then re-broadcast it.” A further post-mortem from blockchain security auditing firm CertiK noted that this dynamic created its own momentum, where people who saw funds being stolen using the above method were able to substitute their own addresses to replicate the attack. This led to what one Twitter user described as “the first decentralized crowd-looting of a 9-figure bridge in history.” In a more optimistic take, Nassim Eddequiouaq, crypto CISO at Andreessen Horowitz, suggested the funds could be reclaimed from the “whitehats that drained preventively,” though the identities of those that obtained the funds from Nomad appear to be largely unknown.

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Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She’s currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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The RISE and Popularity of Crypto Currency | Why Are CRYPTOS So Popular? | Crypto For Beginners |VOC

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The RISE and Popularity of Crypto Currency | Why Are CRYPTOS So Popular? | Crypto For Beginners |VOC

In this video of Voice of Crypto, we have discussed about the rise and popularity of Crypto Currency.

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Voice of Crypto Administrator
Voice of Crypto Staff

This Largest Crypto publication aims to bring together the crypto community and join hands in uplifting the world with clarity and knowledge about Cryptocurrencies, blockchain technology, Opportunities and the future of Crypto.

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Top 5 Altcoins To Explode In 2022

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Every investor wants to find the next cryptocurrency to explode in 2022 but it’s far easier said than done. Luckily, we’re here to help.Throughout this guide, we’ll be reviewing the next cryptocurrency to explode 2022 and providing a step-by-step guide detailing how to buy our top pick for a crypto that will explode.

Mahek Author
Mahek liked talking in front of the camera so much that, she made a career out of it She started as an intern for YouTube channels proceeded ahead to work with production houses and now she’s back to YouTube channels again. She loves what she does and clearly, her work loves back.
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CRAZY Pumping of XRP | XRP Bullish | Crypto News Today | Crypto Market DIP | Bitcoin Dropped | VOC

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CRAZY Pumping of XRP

To crypto tokens traded on a volatile note ahead of the much-awaited US Fed meeting outcome, where the central bank is expected to announce another at least 75 basis point hike.

Bitcoin barely held the $19,000 mark, whereas Ethereum was again trading in the red. Any surprise from the US Fed may lead to another selloff in the crypto space, experts believe.

XRP was a standout gainer with a 9 per cent rise, whereas Dogecoin, Shiba Inu and Cardano added 2 per cent each. Bitcoin, Polygon and Avalanche dropped over a per cent each.

The global cryptocurrency market cap was trading marginally lower to $926.78 billion, dropping about half a per cent in the last 24 hours. However, the total trading volume dropped over 9 per cent, close to $67.86 billion.

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Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She’s currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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ETHEREUM MERGE COMPLETED! Ethereum Merge Is LIVE Now

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ETHEREUM MERGE COMPLETED! Ethereum Merge Is LIVE Now

The cryptocurrency community is abuzz about what could prove to be a landmark event in the burgeoning digital currency world: a major upgrade — dubbed “the Merge”— of the ethereum blockchain. Crypto enthusiasts say the Merge, which went live Thursday, will greatly reduce the environmental impact of cryptocurrency mining and more broadly enhance its utility as a way to conduct financial transactions, among other uses.

But what exactly is the Merge, and how could it change the future of crypto?

What is the Merge?
Ethereum, which was launched by Canadian computer programmer Vitalik Buterin in 2015, is a blockchain (or a digital ledger) used when cryptocurrency investors buy ether. It’s one of the world’s most used blockchains, second only to the bitcoin network. There are more than 71 million crypto wallets on the ethereum blockchain today, according to the Ethereum Foundation, a group of developers who now oversee the blockchain.

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Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She’s currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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INVESTOR WARNING! Has Bitcoin Reached To Dip? | Bitcoin DIP | Ethereum Merge | Crypto News Today

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INVESTOR WARNING! Has Bitcoin Reached To Dip? | Bitcoin DIP | Ethereum Merge | Crypto News Today

In this daily news wrap of Voice of Crypto, We are discussing the latest crypto news. About Bitcoin Dip , Ethereum Merge and so on…

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Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She’s currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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COMING SOON! Bitcoin To $30K | Crypto Latest News | Crypto News Update | BEST Crypto To BUY NOW

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COMING SOON! Bitcoin To $30K

Amid rising volatility, major crypto extended their gains on Tuesday as the largest crypto token Bitcoin topped the $22,000 mark, whereas Ethereum keenly awaited its software upgrade.

Investors continue to eye Thursday’s expected Merge, the technological overhaul of the Ethereum blockchain, that will shift its protocol from proof-of-work to more energy-efficient proof-of-stake.

Solana zoomed 8 percent, whereas Polygon jumped 5 percent. Among losers, Ethereum and Cardano drop..

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Voice of Crypto Administrator
Voice of Crypto Staff

This Largest Crypto publication aims to bring together the crypto community and join hands in uplifting the world with clarity and knowledge about Cryptocurrencies, blockchain technology, Opportunities and the future of Crypto.

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Name Price
Bitcoin (BTC)
$21,567.00
Ethereum (ETH)
$1,217.27
Tether (USDT)
$1.00
USD Coin (USDC)
$1.00
BNB (BNB)
$242.12
Binance USD (BUSD)
$1.00
XRP (XRP)
$0.342965
Cardano (ADA)
$0.475877
Solana (SOL)
$38.49
Dogecoin (DOGE)
$0.069552

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