Huesos777909 (huesos777909)

This means that there are fewer geographical restrictions than when using centralized alternatives. If someone sells what you want and accepts a payment method that you can provide, then you're done. You will need a wallet to use DEX.

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Instead of using trusted third parties to protect funds in a transaction, they use a code. The seller's ETH will be transferred only when payment is guaranteed. This type of code is known as a smart contract.

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What is DEX? Decentralized exchanges are open trading platforms for ETH and other tokens. They connect buyers and sellers directly.

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The expectation is that the recipient will inadvertently copy the hacker's address from the transaction history and send money to the attacker, and not to the counterparty with similar details.

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Such an incident occurred on May 3, 2024. The attackers managed to withdraw 1,155 "wrapped" Bitcoins (wBTC) worth $68 million from the wallet of a large investor. The coins were sent to the address 0xd9A1C3788D81257612E2581A6ea0aDa244853a91 and subsequently distributed to several digital accounts.

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The company disclosed details of the investigation in a report for Cointelegraph. After conducting a detailed analysis of the incident, Match Systems discovered data that allowed them to quickly identify the kidnapper.

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Incident history One of the most common types of hacker activity is the "dust attack" (dandruff attack). It involves sending small amounts of digital coins to thousands of wallets.

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