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Google Cloud has developed a new threat-detecting solution to curb hack attacks on crypto miners. The tool, named Virtual Machine Threat Detection, will work to identify and stop crypto mining malware attack facilitated by virtual machines.
"Today, federal law enforcement demonstrates once again that we can follow money through the blockchain," the DOJ said in a press release.
Wormhole, a site that allows the transfer of information from one crypto network to another, said on Twitter on Wednesday that it was "exploited" for 120,000 units of a version of the second-largest cryptocurrency, ether.
Crypto platform Wormhole Portal was exploited by unidentified hacker(s) earlier this week. The attack cost the company Ether worth $322 million (roughly Rs. 2,410 crore). This is the second attack in two weeks where a blockchain bridge was breached by hackers.
Wormhole, a "decentralised finance" site that allows the transfer of information across crypto networks, said it had been "exploited" for 120,000 digital tokens connected to the second-largest cryptocurrency, ether.