Following a $44.7M breach at Hedgey Finance, the DeSci Platform is promoting enhanced security measures to protect decentralized scientific research funding, acknowledging the susceptibility of DeFi systems to such attacks and the necessity of robust protocols.
A whale lost 1,155 BTC, worth approximately $71 million, due to a transfer to a phishing wallet, highlighting the crucial need for robust security measures in cryptocurrency transactions.
Restaking is a method allowing individuals to leverage their staked crypto across multiple protocols, increasing rewards and enhancing blockchain security and scalability.
Sonne Finance, a DeFi platform, suffered a $20 million theft due to a vulnerability in its SONNE token security, highlighting risks in the crypto sector.
Binance has implemented a new algorithm designed to improve security by detecting and alerting users of potentially malicious wallet addresses, to prevent address poisoning scams.
Rain, a cryptocurrency exchange, was hacked, resulting in a $14.8 million loss. The incident highlights the security risks associated with crypto exchanges.
Rain exchange experienced $14.1M in suspicious token transfers to a new address, highlighting potential security concerns.
Starknet has introduced an Integrity Verifier designed to improve scalability and security for blockchain apps with L3 Appchains, promising a transformative impact on the crypto industry.
A victim lost $68 million in Wrapped Bitcoin (WBTC) due to an address poisoning attack, where they were tricked into believing they were conducting a secure transaction.
Polkadot introduces a new generic runtime template aimed at making development on its network more secure, potentially revolutionizing crypto development.
A hacker has moved 1,100 ETH, worth $3.3 million, from Poloniex to Tornado Cash, highlighting rising crypto security issues.
KonnektVPN aims to revolutionize the VPN industry by integrating AI for enhanced privacy and security, creating a user-centric experience that diverges from traditional VPN services.
Bybit, a prominent cryptocurrency exchange, has improved the security of its peer-to-peer (P2P) trading platform by implementing a Verified Advertisers program that offers exclusive benefits to enhance trading safety for users.
Wells Fargo customers experienced significant losses due to crypto theft, with the bank refusing reimbursement, blaming lax security measures, which provoked outrage among Bitcoin users.
Bitfinex experienced a data breach impacting 400,000 customers, sparking worries about crypto exchange security.
Bitfinex, a major cryptocurrency exchange, is said to have experienced a data breach, highlighting ongoing security concerns within the crypto space.
An anonymous crypto trader lost $71 million in an address poisoning scam, highlighting the urgent need for better security in the crypto ecosystem.
Bitcoin investor falls victim to $68 million 'address poisoning' scam, as blockchain detective ZachXBT highlights the May 3rd heist without funds movement yet, urging the community for greater security diligence with BTC assets.
MicroStrategy has launched 'MicroStrategy Orange,' a decentralized identity system leveraging the Bitcoin network's security and decentralization to provide users with a self-sovereign ID solution.
A hacker has started moving $4.3 million in cryptocurrencies a year after exploiting Hundred Finance, raising security concerns.
Vitalik Buterin underscores the importance of decentralizing security, highlighting the ease of compromising hardware wallets through methods like Shamir's Secret Sharing Scheme compared to multi-signature setups.
A suspect named Lan Mou was arrested in China for conducting a phishing fraud scheme connected to the StarkNet AirDrop, emphasizing security issues in the crypto sector.
April experienced a historic low in financial damages from crypto hacks and scams, with CertiK reporting a significant reduction in total losses.
SlowMist, a chain safety provider, has warned about the exploitation of WordPress plugin vulnerabilities, leading to the insertion of harmful JavaScript and potential crypto theft.
The Arbitrum team aided Optimism in identifying and preventing a serious vulnerability, reflecting cooperation among Ethereum layer-2 solutions to enhance security.
Euler's co-founder discusses the $200 million exploit's impact on designing a more robust Euler V2 to bolster DeFi security.
Cryptocurrencies are grappling with privacy issues that hinder their potential for mass scalability, with the transparency mechanisms of digital currencies like the USDC requiring users to reveal extensive personal financial information.
The Stacks Nakamoto upgrade enhances Bitcoin's L2 solution, aiming to improve transaction speed and security. This could reinvigorate interest in Bitcoin's scalability and expanded blockchain functions.
Eigenlayer has launched on Ethereum with over $12 billion in total value locked, aiming to innovate restaking while raising concerns of centralization and security threats to Ethereum. Safeguards like disabling slashing were implemented at launch.
Coincover is introducing a 'Protected Co-Signing' service to enhance security in the cryptocurrency sector by scanning transactions for potential fraud and hacking risks.
Pavel Durov, Telegram founder, suggests developing crypto-inspired hardware to improve secure communication and privacy, influenced by incidents of government interference and pressure for backdoors in Telegram.
A hack on Grand Base DeFi led to a loss of over $2 million, exposing the vulnerabilities and design flaws in Layer 2 networks such as Base Network with regards to security, especially in its cross-chain interoperability and asset transfer features.
Cryptocurrency investors and Apple users face increased cybersecurity risks due to a new zero-day vulnerability affecting iOS iMessage users.
ZachXBT, a crypto sleuth, has linked Leaper Finance to a known fraudulent group, raising alarms on crypto platform security amidst recent scams.
VoxSwap.io offers a new platform for swapping cryptocurrencies that emphasizes privacy, security, and speed, aiming to protect users in a financial landscape where privacy is compromised.
Researchers warn that Elon Musk's Grok AI chatbot has weak security measures, making it susceptible to jailbreaking techniques that could lead to potentially dangerous outcomes, like assisting in building a bomb.
CryptoCanal's ETHDam Conference in Amsterdam will host discussions on the future of privacy and security in the blockchain sphere, tackling difficult conversation topics.
Q1 2024 saw a surge in crypto hacks, threatening the ecosystem's integrity. A report provides a comparative overview of these hacks, offering a monthly breakdown and analysis of trends and outcomes.
South Korea is set to enforce stricter regulations on altcoin listings on centralized exchanges to enhance market security and transparency.