Keanu Reeves “HODL”, Swiss Federal Councilor’s Data Leaked in Ledger Hack, Crypto Protocols Continue Be Exploited

Last week, cross-chain NFT marketplace Vulcan Forged lost $100 million in an attack, EOS-based Pizza reached a settlement with the hacker, and AscendEX promised to reimburse 100%.

Actor Keanu Reeves of The Matrix fame revealed that he owns cryptocurrency.

In an interview with Verge, the actor said a friend bought it for him. Keanu also said that he isn’t trading any of it and is all about HODLing.

“I have a little HODL,” he said.

While commenting on Metaverse, Reeves said he does not like the fact Facebook, which rebranded itself as Meta, is taking all the credit for it when the concept of Metaverse has been way old. Neal Stephenson coined the term “metaverse” in his popular 1994 novel Snow Crash.

“Can we just not have metaverse be like invented by Facebook…the concept is way older,” said Reeves.

Meanwhile, he said that while non-fungible tokens (NFTs) can't be copied, they can be easily reproduced. Reeves also said that he is not against decentralized technologies like crypto or metaverse as long as Facebook stays out of it.

Understanding Crypto

Alain Berset, a Swiss federal councilor, is also invested in cryptocurrency, reported by the Swiss newspaper Le Matin Dimanche, which noted that Berset was the victim of a data breach after Ledger suffered a cyberattack in June last year.

Berset’s address, private email, and phone number were leaked in this hack.

Berset was reportedly previously unaware of the data breach at the company known for its hardware wallet. According to the newspaper, his address and phone number can now be found on the Dark Web.

Berset is the minister for Switzerland's Department of Home Affairs, and a spokesman for the department confirmed to the publication that he “bought cryptocurrencies a few years ago privately, in order to understand how they work.”

It, however, is not known just how much he invested or if the politician still owns the cryptocurrency.

Hack After Hack

Hacks are nothing new in the crypto market; just last week, cross-chain NFT marketplace Vulcan Forged had its 4.5 million PYR tokens worth about $100 million stolen. This was the result of 148 wallets holding PYR tokens being compromised.

“While we will replace the PYR taken, our first steps are understanding what’s happened,” said the team on Twitter. They have asked exchanges to blacklist the address responsible for the hack.

Among the funds lost also include others such as ETH and MATIC. The team assured that they would reimburse those assets in the equivalent of PYR tokens. “We’ll replace your PYR and LAVA from our treasury,” it added.

Those who have had their funds from their Vulcan wallet stolen are asked to provide their email and MetaMask address so that they can replace the funds.

The Vulcan team is now removing the semi-custodial solution from its ecosystem and moving to a complete decentralized wallet setup.

Another project, Pizza, an EOS-based programmable financial gateway, had its $5 million worth of tokens stolen. The hacker used an exploit in eCurve to mint infinite tokens and then deposited them as collateral on the platform to drain its assets.

In collaboration with Slowmist, EOS Block Producers, ENF, and other projects, it reached a settlement with the hacker for $500,000 in exchange for 5,000 keys.

Yet another one, the digital asset trading platform AscendEX, was also hacked for $77.7 million on Ethereum, BSC, and Polygon.

Over the weekend, AscendEX identified a number of unauthorized transfers from one of its hot wallets, but the impacted assets were relatively small, it said. The team is collaborating with forensic firms and law enforcement regarding the hack and is in contact with centralized exchanges to blacklist relevant wallets.

“Cold wallets are unaffected, and any impacted users will be reimbursed 100%,” said the team.

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