Week Recap: A Hacker Attack on OpenLeverage, WhiteBIT on Paris Blockchain Week Summit, And More πŸŒπŸ”’

Irma - Apr 5 - - Dev Community

πŸ•΅οΈβ€β™‚οΈ OpenLeverage Hacked: OpenLeverage, a decentralized margin trading platform, fell victim to hackers who stole $230,000 worth of assets. Cyvers Alerts detected the attack on April 1, revealing losses of approximately $230,000 in cryptocurrency. The attacker used Tornado Cash for laundering. PeckShield estimated the total loss at $236,000. OpenLeverage suspended operations and promised to cover the losses using insurance and buyback funds. They're urging the hacker to return the funds.

πŸ€– Elon Musk's April Fools’ Prank: Elon Musk, known for his controversial tweets, stirred the crypto community on April 1 with a joke about joining Disney as Chief DEI Officer. He teased changes to Disney content and mocked sequels. This sparked memes and responses from the community, with many trolling Disney and Netflix over social policy.

🌐 WhiteBIT Partnerships: WhiteBIT announced its participation in major blockchain events: Paris Blockchain Week Summit (April 9-11) and TOKEN2049 Dubai (April 18-19). The exchange will showcase products and network with thousands of participants to explore collaborations and innovations in the crypto industry.

πŸ“‘ New Blockchain Protocol: Anatoly Yakovenko, Solana Labs co-founder, introduced BunkerCoinβ€”a protocol for efficient data transmission in low-bandwidth areas using shortwave radio. The protocol optimizes blockchain for remote and inaccessible regions, ensuring secure data transmission and network resilience.

πŸ€– Solareum Shutdown: Solareum, a Telegram trading bot on the Solana blockchain, shut down permanently due to security breaches and financial constraints. The closure followed a recent hack that compromised user funds. The team cited insufficient funds and evolving market trends for their decision.

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