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According to the Swiss media outlet Blick, a shooting occurred at a rave party in Switzerland, leaving multiple victims.On August 30, traffic authorities in Russias Stavropol Krai reported that a bus traveling from Georgia to Moscow rear-ended a truck in the region early that morning, resulting in 5 deaths and 38 injuries. Among the injured were 10 children.According to data compiled by Sputnik News on August 30, since 2014, more than 33,000 sanctions have been imposed on Russian individuals, businesses, and transportation. The United States, Canada, and Switzerland have imposed the most sanctions. As of August 26, 2026, other countries have imposed more than 33,700 sanctions on Russian individuals. Approximately 97.3% of these were implemented since the end of February 2022. The United States has imposed the most restrictive measures, accounting for 22% of the total sanctions imposed by all countries, approximately 7,400. Canada (13.2%, approximately 4,400) and Switzerland (11.4%, nearly 3,900) rank second and third, respectively. The European Union and Iceland rank fourth and fifth, respectively, with Iceland fully replicating EU sanctions. Including the 21st round of sanctions, the EU has imposed nearly 3,700 restrictive measures on Russia, and Iceland approximately 3,400. Following Norway (approximately 2,800 items, accounting for 8.4%), the United Kingdom (nearly 2,700 items, accounting for 7.9%), and New Zealand (nearly 2,100 items, accounting for 6.1%). The top ten also includes Australia (approximately 1,700 items, accounting for 5%) and Japan (1,400 items, accounting for 4.3%).On August 30th, it was learned from the Ministry of Emergency Management that, to ensure the smooth progress of the mudslide disaster relief and rescue work in Gyirong County, Shigatse City, Tibet, the Ministry of Emergency Management has dispatched reconnaissance drones and heavy-load drones from its "Swift Emergency" member units to continuously monitor the development of the Purepuqiang Zangbu landslide dam, conduct rolling consultations and assessments, and fully assist and guide local authorities in carrying out all aspects of disaster relief and rescue work. On the evening of August 29th, the forward monitoring drones discovered that a landslide had occurred 2.8 kilometers downstream of the Purepuqiang Zangbu landslide dam, forming a new landslide dam and a new landslide dam lake. The Ministry of Emergency Management quickly convened experts for analysis and assessment, and simultaneously transferred rescue personnel near the Gyirong border crossing to safe locations.August 30 - According to the latest data released by Nepals National Disaster Risk Reduction Authority, as of 9:00 a.m. local time on the 30th, the death toll from the landslide disaster in Nepal has risen to 734, with 2,498 people still missing.

Over $2B Lost in 13 Separate Crypto Bridge Hacks This Year

Skylar Shaw

Aug 04, 2022 14:50

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This week, blockchain analytics company Chainalysis published a research in which it identified cross-chain bridge protocol flaws as the greatest security threat.


In 13 different incidents this year, the company believes that $2 billion in crypto assets have been taken from bridges. Attacks on cross-chain bridges are responsible for 69% of the total cash taken this year, it said.


A bridge is a piece of software, often composed of smart contracts, that enables the movement of tokens across networks, such as Ethereum (ETH) and Avalanche (AVAX). Despite Ethereum's ERC-20 being the de facto industry standard, each blockchain ecosystem has its own token standard.

A Strait Too Far

The claim comes in the wake of this week's Nomad bridge attack, which cost the protocol's whole $190 million in collateral.


The research also said that as more value passes across these bridges, hackers grow more drawn to them. Additionally, it claimed that North Korean hacker gangs had been responsible for half of the money stolen so far this year by attacking bridges and decentralized finance (DeFi) protocols.


Because they often house the cash that support the bridged tokens on the destination chain, bridges are valuable targets for cybercriminals. The aim is that the money become a central storage location, regardless of whether they are kept in a smart contract or by a centralized custodian.


Furthermore, since bridges are mostly experimental and the technology hasn't had a chance to develop, weaknesses and fresh attack routes may be found.


The Ronin bridge was the target of the greatest bridge hack to history, which netted $615 million in March. Users may move Axie Infinity (AXS) Metaverse game assets across other blockchains using Ronin. The Solana (SOL) Wormhole bridge generated $325 million in revenue in February.


Crypto platforms have been asked to go through stringent auditing procedures in order to safeguard themselves. However, even audited smart contracts are vulnerable to attack, as was the case with Web3 music streaming service Audius, which suffered a breach in July and lost $6 million.


The Solana ecosystem saw another blow this week, despite not being a bridge assault, when up to 8,000 wallets were compromised for more than $8 million.

Unfazed by the crypto market

Crypto markets would fall in prior years due to hacks and vulnerabilities that cost millions of dollars. They don't seem concerned this week, however.


The whole market value has increased by 2% for the day to $1.12 trillion. Markets are still range-bound, however, since resistance is too powerful to break through.


While Ethereum was trading 2.7 percent higher this morning at $1,654 at the time of writing, Bitcoin (BTC) had risen a meager 1.5 percent to $23,146.

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