You can read more about our review and editorial process here. However, this doesn’t affect the recommendations our writers make. The visa process is part of Spain’s Start-Up act which was officially approved by the Council of Ministers, which contains all the criteria and requirements needed to be eligible to apply for the Digital Nomad Visa, such as proof of minimum monthly income between 2,000 and 3,000 euros. We may earn commissions on purchases made using our links. IGeeksBlog has affiliate and sponsored partnerships. Smart Outdoor Security Wireless Cameras.Best Wallet Cases for iPhone 12 Pro Max. Which of these smart wallets caught your attention? Let me know in the comments below. They tend to miss important information at times, and I want them to own a wallet that can be tracked and is anti-theft. I own the Clifton Heritage’s Minimalist Smart Wallet and plan to buy NOMAD Slim Wallet as a gift for my friends. Which smart wallet is getting your money? Diversity, security, and leather finish.SERMAN BRANDS ensures a right quality product and a high standard of living. The handcrafted leather grin builds a classy appeal, and with eight designer colors to choose from, getting it seems like a piece of art. They can fit up to 6-8 cards, and the RFID technology safeguards your information too. The wallet gives you a traditional bifold experience so that you don’t get nostalgic. Recently, a hacker that attempted to exploit the Rainbow Bridge failed miserably and ended up losing 5 ETH, which is worth around $8,000.The last on the list is a masterpiece from SERMAN BRANDS. Some of them ultimately lose money from their own wallets. However, not all hackers are able to earn millions from their exploit attempts. In April’s Ronin bridge attack, the largest decentralized finance (DeFi) attack in history, over $600 million worth of cryptocurrencies were taken from the bridge supporting the blockchain-based game Axie Infinity.Ī few months prior, over $300 million was drained off the Wormhole bridge, causing significant harm to the Solana blockchain community and the wider decentralized finance ecosystem. Bad Actors Target Crypto Bridgesīridge attacks have been increasingly common in recent months as crypto users have shown a stronger desire to transfer assets between blockchains. That’s more than $36.4 million, with the majority of it coming from the recovery wallet Nomad had put up for hackers looking to make amends. According to Etherscan, around 20% of the stolen funds have been returned to Nomad. The cybercriminals apparently haven’t turned a deaf ear to Nomad and Metagame’s earnest appeals. The company also stated that it is teaming with TRM Labs, an intelligence platform dedicated to combating cryptocurrency fraud and financial crime, to “trace black hats” and recover funds. Consequently, this move has been ridiculed by the community. The nonfungible token serves no use other than to serve as a trophy to reflect an act of good faith from the white hats. The exclusive NFT, which basically depicts a white wizard’s hat, is being offered by NFT firm Metagame and can be minted by the hackers who return at least 90% of their stolen assets to Nomad. On August 23, Nomad and Metagame introduced the Nomad Whitehat proprietary NFT to further incentivize hackers to return the stolen funds. On August 17, Nomad updated its users on the progress made toward fund recovery, including engaging with “white hats” through the bounty program and exploring options to restore the Nomad bridge. According to the program description, anyone who returns 90% of the assets they hacked while keeping 10% will be considered a “white hat” and will not face legal consequences. The platform put up a 10% bounty program a few days after the exploit to incentivize the hackers to restore the stolen funds. On August 1, just a few days after Nomad announced the completion of a $22 million seed round with investors including Coinbase Ventures, Polygon, OpenSea, and others, the Nomad token bridge was hacked, resulting in the theft of $200 million in cryptocurrency.Īlthough not the largest hack in terms of assets stolen, this attack drew significant attention due to the extraordinary number of hackers involved – “300 unique addresses participated in the exploit,” the firm said in an official statement, with some hackers impersonating the firm’s staff.Īccording to samczsun, a research analyst at Paradigm, the cause of the attack is believed to be an update to the protocol’s smart contracts. The exploiter transferred about $7.5 million worth of crypto to an unknown wallet address amid an ongoing Nomad’s bounty program that encouraged the hackers to return the assets. On Wednesday, one of the wallets involved in the Nomad bridge exploit transferred a substantial amount of assets to a wallet other than the official Nomad recovery wallet. Nomad Exploiter Transfers $7.5M to Unknown Wallet The transfer comes amid Nomad’s efforts to incentivize the hackers to return the stolen funds. A wallet linked to the Nomad Bridge Exploit has transferred $7.5 million worth of crypto to an unknown wallet.
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