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The Fusion Protocol Loses $6M Worth of Tokens in a Hack Attack

M. Ali

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A computer hacker compromised The Fusion Protocol‘s main swap wallet and stole 10 million native FSN and 3.5 million ERC20 FSN token. The lost tokens worth $6.4 million at the time of the hack.

According to Fusion’s blog post, the attacker was able to obtain the private keys of Fusion’s swap wallet 0x8e6bDa71f3f0F49dDD29969De79aFCFac4457379 and then he/she transferred the tokens to another wallet 0xd58868ebF4900B8c444D42D2E3ffe21cB8f0E655.

The attacker attempted to send some of the stolen funds to different cryptocurrency exchanges, and some of the stolen tokens were sold across exchanges, in particular Bitmax and Hotbit.

The attacker’s wallet

After the attack, FSN token price dropped significantly and lost around 50% of its value. The price dropped from $0.45 to below $0.22 in few hours.

Fusion Protocol (FSN) Price Chart

Cryptocurrency exchanges OKEx, Huobi, Citex, Bitmax, and Hotbit have since suspended deposits and withdrawals of FSN tokens.

The Foundation deeply regrets this incident and its impact on the path of Fusion’s innovation. While private key theft is an industry-wide risk and occurrence, we clearly must strengthen the protection around our private keys.

From fusion’s post

What is Fusion Protocol (FSN)?

Fusion is an ERC-20 token based on the Ethereum blockchain. Fusion (FSN) bills itself as an all-inclusive blockchain-based financial platform that offers cross-chain, cross-organization, and cross-data source services through smart contracts. The project uses the Hierarchical Hybrid Consensus Mechanism (HHCM), which amalgamates elements from PoW, PoS, and parallel computing with the goal of creating an efficient and “safe platform“.

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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NULS Project Got Hacked

M. Ali

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Nuls Hack

The open-source, enterprise-grade blockchain solution “NULS” has announced that one of the team’s accounts was compromised by a group of hackers and around 2 million NULS tokens, that worth around $474K were stolen.

According to the announcement, NULS will be hard forking to destroy the stolen coins.

What is NULS Project?

NULS is a global blockchain open-source project which is a highly customizable modular blockchain infrastructure; it consists of a microkernel and functional modules. NULS provides smart contract, multi-chain mechanism and cross-chain consensus. It aims to break the technical barriers of blockchain, to reduce the cost of development, and to promote the usage of blockchain technology in the commercial field.

NULS blockchain utilizes POC (Proof of Credit) consensus that is similar to POS (Proof of Stake) which requires locking a certain number of coins to run a masternode to earn a passive crypto income.

The required coins for masternode are 2000 NULS coins which are worth around $485.

NULS USD Price Chart

*Charts data were provided by CryptoCompare

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PIVX Releases v4.0 Core Wallet

June G. Bauer

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PIVX-New-V4-Wallet

After months of teasing, PIVX long-awaited v4.0 core wallet is now out in its complete glory. The new wallet introduces a completely redesigned and re-engineered core wallet with a new Graphical User Interface (GUI).

The new wallet comes with tons of new features such as a brand new PoS time protocol, cold staking feature, new masternodes signed messages, smaller v7 blocks and more.

A screenshot of PIVX New Wallet (Dark Theme)

Some screen shots of the PIVX New Core Wallet v4.0

New startup screens

PIVX V4 Language Selection
PIVX V4 Welcome Screen
PIVX V4 Loading Screen

New Dashboard Screen

PIVX V4 Dashboard

Send Tab


Options Window

PIVX’s Wallet Options

What is PIVX?

PIVX is an open-source, decentralized cryptocurrency that focuses on privacy, security, anonymity, and instant transactions. PIVX stands for Private Instant Verified Transaction.

PIVX is a DASH fork that was launched on January 2016, PIVX is a form of digital online money using blockchain technology that can be easily transferred all around the world in a blink of an eye with nearly non-existent transaction fees with market leading security & privacy.

PIVX USD Price Chart

*Charts data are provided by CryptoCompare


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UNICEF France is Now Accepting Donations Through BAT Cryptocurrency

June G. Bauer

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UNICEF France is Now Accepting Donations Through BAT Cryptocurrency

The French website and the official twitter account of The United Nations Children’s Fund (UNICEF) that helps children around the world, now accepts donations in BAT cryptocurrency.

Donations can be made through using Brave web browser by simply clicking on the BAT icon in the Brave URL bar. Users can choose to make one-time or recurring monthly donations.

Donations in BAT token can be made to UNICEF France

Last October, UNICEF announced that it will be accepting Ethereum or Bitcoin as a form of donations into its recently established Cryptocurrency fund. The received funds will help improve internet connectivity in schools around the world and be able to invest into Blockchain start-ups, provided the projects help children and young people.

What is Brave Web Browser?

Brave browser, which was created by Brendan Eich the creator of JavaScript and a co-founder of Mozilla foundation, is a free and open-source web browser and available on Windows, MacOS, Linux, Android and iOS.

Brave web browser uses its own cryptocurrency , called BAT (or Basic Attention Token), allowing users to earn or donate crypto by just installing and using the browser.

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