Bitcoin News Official TheBitTimes.com

On Tuesday, Jack Mallers’ Bitcoin-focused payments app Strike responded to a media inquiry about a customer database breach, saying, “There’s no evidence that Strike was breached.” However, within minutes, crypto researcher ZachXBT had posted evidence of the breach in a Telegram channel, and within hours, Strike admitted to customers that its email list was indeed breached by a third party. The incident isn’t the first time that Strike and its CEO Mallers have misled the public about the reality of the company’s operations.  Mallers promised, for example, that customers would be able to use Strike to pay for everyday purchases in bitcoin at Walmart, McDonald’s, Walgreens, and Starbucks. This simply never happened. Then in 2021, Mallers demonstrated international workers sending a USD remittance in their Strike account. In fact, for months, Strike was secretly representing Tether as USD to customers in its app. Good thing Tether’s peg held $1 until Strike disclosed the full truth.

A U.S. official implicates North Korea in a significant cyberattack on decentralized finance platform Mixin Network, with losses under $150 million. A high-ranking U.S. government official has indicated that North Korea is the likely culprit behind a major security intrusion targeting the decentralized finance platform Mixin Network. Earlier assessments suggested that Mixin Network suffered a financial loss amounting to $200 million following a cyberattack that took place in late September. However, the organization revised this figure to less than $150 million after conducting a thorough review. [Update] After statistical Analysis , the affected assets in this incident were mainly ERC20-USDT, ETH, and BTC. Other assets were not affected. The specific compensation details are still under discussion. Please stay tuned for updates on the progress of this incident. In order… https://t.co/XHlNmJFbeZ — Mixin Kernel (@MixinKernel) October 5, 2023 What caused the attack on Mixin net