“Ethereum Insiders Believe the DAO Hack Was an Inside Job,” Claims Source
A source close to Ethereum Foundation decisions came to me via Skype, then encrypted means to solely arrange a phone call. When I spoke with the individual, he made several demands, including that his identity remain anonymous, as well as his approximate age, country of origin, phone number country code and other identifying measures. The conversation lasted approximately five minutes, during which he said a “plague of egomania” within crypto had led him to come forward. He claims to own a “negligible” amount of ether, and no ether classic. He then recounted the tale of Ethereum’s search....
Related News
Days after disclosing that it had been the target of a hacking incident, digital currency exchange ShapeShift said it now believes the theft was an inside job. In a post on Reddit, CEO Eric Voorhees stated that the firm had suspected the hack was supported by a former employee, whose name and position was not disclosed. Voorhees wrote: "Since the investigation into the ShapeShift hack last week started, we had suspicion that someone previously on the team was involved, and that this person assisted an outside hacker. We are confident now that is is indeed the case." The exchange....
BitGo has declared that its systems were not breached, and its software functioned correctly during the Bitfinex hack. Co-founder and CEO at BitGo, Mike Belshe, wrote on the company’s blog saying: Our job is to protect your Bitcoin and continue to improve the security of the service. BitGo systems were not breached in this attack and our software functioned correctly. This may seem like an inadequate explanation, because everyone wants to know “what needs to change to avoid what happened in this case,” and we understand that. Fortunately, the Bitfinex configuration was unique and other....
Only two of Ethereum's recent competitors had a "fair launch" according to the specified criteria. Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders:Source: Twitter.Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum (ETH) alternatives launched in the last couple of years. There are four main distribution categories: public presale, community allocations, insiders, and each project's respective foundations. Source:....
The theory is “not convincing enough to accuse the Wintermute project,” wrote BlockSec, as it highlighted that Wintermute’s actions during the hack made sense given the circumstances. Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough."Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart contract exploit was likely conducted by someone with inside knowledge of the firm, questioning activity....
A claims process for Cryptopia creditors has started following a 2019 hack. The liquidator of now-defunct cryptocurrency exchange Cryptopia has launched the claims process to reimburse creditors following a 2019 hack.Professional services firm Grant Thornton, Cryptopia’s assigned liquidator, officially announced on Dec. 9 that creditors can now start the claims process on the Cryptopia claims portal.The claims process requires creditors to register on the Cryptopia claims portal and confirm details regarding their Cryptopia account. “Only verified account holders can register in the claims....