ANOTHER PROJECT HAS BEEN ATTACKED BY HACKERS!!!!
The developer account of the NULS cryptocurrency was hacked, with $ 480,000 of tokens stolen.
As the cryptocurrency market moves towards the end of 2019, more has been raised by news of a new hack. The latest attack is the largest by total market capitalisation at 149. it was made into NULS, a cryptocurrency, with a total market capitalization of over $ 17 million.
Hackers managed to gain access to accounts belonging to Nuls ' development team and stole NULS worth over $ 480,000. Those behind the NULS project also confirmed the attack and highlighted that 2,000,000 coins were stolen from the NULS team's accounts. Officials said close to half a million NULS were converted directly from cryptocurrency exchanges into titular money, with about $ 131,600 drawn in that way.
Planning to make hard fork to retrieve the remaining tokens, the team aims to freeze all of the amount of NULS the hackers have. The price of NULS, interestingly, has not been affected at all, and has only fallen 2% in the last 24 hours. This is most likely due to the fact that the value of NULS is 95% behind its all-time high. NULS network participants were advised to update their software and move to the most up-to-date Network version as soon as possible.
Ethereum also made the similar move
In fact, the hard fork, which the NULS team did as counter-moves, has also done Ethereum (ETH) before. In 2016, $ 40 million of Ether was stolen as a result of the hacking of the Dao. The team split the blockchain network in two, resulting in the release of the version known today as Ethereum Classic and Ethereum.
What nuls how does it work?
https://www.publish0x.com/kriptosedat/what-nuls-how-does-it-work-xprqwn
