Hackers Exploit Harmony’s Horizon Blockchain Bridge to Steal $100 Million

By Deeba Ahmed The main bridge of layer-1 blockchain between Binance Chain, Ethereum, and Bitcoin was exploited, but the BTC bridge… This is a post from HackRead.com Read the original post: Hackers Exploit Harmony’s Horizon Blockchain Bridge to Steal $100 Million...

GHSA-GP6J-VX54-5PMF Incorrect validation of parties IDs leaks secret keys in Secret-sharing scheme

Summary In the threshold signature scheme, participants start by dividing secrets into shares using a secret sharing scheme. The Verifiable Secret Sharing scheme generates shares from the user’s IDs but does not properly validate them. Using a malicious ID will make other users reveal their secre...

Crypto-Exchange BitMart to Pay Users for $200M Theft

Cryptocurrency exchange BitMart has pledged to dig into its own pocket to pay back users affected in a cyberattack that drained it of about $150 million worth of cryptocurrencies, according to a tweet put out by BitMart CEO Sheldon Xia on Monday. 2/4 BitMart will use our own funding to cover the...