Crypto Hack
Nearly a decade after a catastrophic hack nearly derailed Ethereum, TheDAO has reemerged to bolster the blockchain's security. Unclaimed Ether worth over $220 million will be staked to support ongoing initiatives. The move revives a long-forgotten commitment from the aftermath of the 2016 incident.
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Two independent bitcoin miners each claimed rare block rewards worth around $300,000 this week, amid a major $282 million cryptocurrency hack and MicroStrategy's largest bitcoin purchase in five months. The hack involved a social engineering attack on a hardware wallet, leading to significant market ripples. These developments highlight ongoing volatility and innovation in the crypto space.