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The post Apple CEO Tim Cook to hand over to John Ternus in September appeared first on azeritimes.com.
Much of the site was inaccessible, throwing error messages or displaying a full-screen outage warning, News.az reports, citing TechcRunch.
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The makers of the decentralized social networking software, which runs its official mastodon.social instance, said in a status update at around 7 a.m. ET on Monday that it was investigating the cyberattack.
By 9:05 a.m. ET, Mastodon said it implemented a “countermeasure against the DDoS attack, and the site is accessible.” However, the company warned that some instability may continue to be seen as the attack is ongoing.
The cyberattack targeting Mastodon comes days after Bluesky, another decentralized social network, resolved much of its days-long outages following a lengthy DDoS attack. As of Bluesky’s update on April 17, the DDoS attack continues, but its service has been stable since April 16 at 9 PM PDT. Today’s update confirmed the ongoing stability.
Representatives for Mastodon did not immediately comment on the cause of the cyberattack when contacted by TechCrunch.
The post Mastodon says its flagship server was hit by a DDoS attack appeared first on azeritimes.com.
By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the year so far, following an earlier hack at crypto exchange Drift in April netted hackers around $285 million, News.az reports, citing TechcRunch.
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Per its post on X, LayerZero said the hackers exploited Kelp DAO via its LayerZero bridge, which allows different blockchains to send instructions to each other. The hackers then took advantage of Kelp’s own security configuration, which did not require multiple verifications before approving transactions. That allowed the hackers to siphon off the funds with fraudulent transactions.
The company cited “preliminary indicators” that point to North Korea as the culprit, in particular its hacking group that targets crypto known as TraderTraitor.
Kelp DAO responded to LayerZero blaming it for the theft instead.
In the last few years, North Korean hackers working for Kim Jong Un’s regime have become highly successful at stealing crypto. Last year, North Korean hackers stole more than $2 billion in crypto. Overall, since 2017, the total amount of stolen crypto by North Korea is said to be around $6 billion.
The post North Korea hackers blamed for $290M crypto theft appeared first on azeritimes.com.