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Crypto Security in 2022: Prepare for More DeFi Hacks, Exchange Outages, and Noob Mistakes
19.12.2021
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Security is integral to crypto. This is perhaps unsurprising for something based heavily in cryptography, but with cryptoassets now surpassing a total market capitalization of USD 2trn, security has to be a key issue for every exchange, wallet, platform, user, and investor in...
What Did We Learn from the MonoX Hack?
17.12.2021
Gleb Zykov is the Co-Founder and Chief Technology Officer of HashEx, a blockchain advisory and security audits company._____...
Read More: What Did We Learn from the MonoX Hack?
HTML Sanitizer API
16.12.2021
Three cheers for (draft stage) progress on a Sanitizer API! It’s gospel that you can’t trust user input. And indeed, any app I’ve ever worked on has dealt with bad actors trying to slip in and execute nefarious code …
Vulcan Forged Platform Suffers Security Breach, 96 Wallets Compromised
14.12.2021
Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets....
Log a User Out from Command Line
14.12.2021
Automation is a system administrator, support agent, and tech savvy person’s dream. Automating tasks via scripts remotely helps to get clients out of trouble or even the organization itself. Oftentimes big updates can require users log out. Logging a user out from command line is super easy...
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
12.12.2021
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the exchange. The attack focused on hot wallets, where funds are kept as a buffer to tend to customers’ withdrawals. The company announced that it would reimburse...
Indian trade group recommends ‘special class security’ status for crypto
9.12.2021
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market
Why a securities specific blockchain is needed, explained
9.12.2021
Security tokens deployed on a purpose-built blockchain may be the solution to financial institution adoption
The Invisible JavaScript Backdoor
8.12.2021
An interesting (scary) trick of an nearly undetectable exploit. Wolfgang Ettlinger:
What if a backdoor literally cannot be seen and thus evades detection even from thorough code reviews?
I’ll post the screenshot of the exploit from the post with the …
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
6.12.2021
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...
BitMart Loses $196M to Security Breach
6.12.2021
The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...
Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable
6.12.2021
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value...
Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals
5.12.2021
One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice.
The company said they have identified "a large-scale security breach" related to one of their Ethereum (ETH)...
Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit
5.12.2021
The hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
4.12.2021
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your...
Security Focused DeFi Project EverRise Now Live on 3 Blockchains, Staking Introduced
3.12.2021
Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across multiple chains through an ecosystem of decentralized applications. With their RISE token, they were the first to bring the buyback to crypto. Since then,...
Ain’t No Party Like a Third Party
3.12.2021
I’d like to tell you something not to do to make your website better. Don’t add any third-party scripts to your site.
That may sound extreme, but at one time it would’ve been common sense. On today’s …
BadgerDAO reportedly suffers security breach and loses $10M
2.12.2021
All smart contracts have been paused but users are urged to revoke permissions to the compromised smart contract to avoid any further losses
Blockchain security firm CertiK approaches unicorn status following $80M raise
1.12.2021
As cryptocurrency markets and DeFi become more lucrative, blockchain companies have recognized a growing need for security
Coinbase to Acquire a Cryptographic Security Company
1.12.2021
Coinbase has been entirely focusing on providing advanced security solutions to secure customers’ investments. Their strategies have developed throughout time, but the goal has remained constant: to create a safe and most trustworthy platform for anybody to connect with the crypto economy....