Search
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
4.6.2024
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon...
Hackers exploit Chrome plugin to steal millions from Binance accounts
3.6.2024
The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim's Binance account
Frax Finance X hacked, CEO suspects ‘inside job’ at Elon Musk's office
3.6.2024
Frax Finance's X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
3.6.2024
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within...
US Navy launches ‘PARANOID’ blockchain security tech to private sector
2.6.2024
The government seeks a collaboration to research and develop the technology further
Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms
2.6.2024
In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth $59.3 million were lost to similar attacks. Gala...
Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California
1.6.2024
Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao...
Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
31.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins
Ether ETF approvals show staking may still be a security in SEC's eyes
31.5.2024
The inclusion of staking in filings for Ether ETFs could have been an indication that regulators want to keep a back door open for future scrutiny
Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach
31.5.2024
DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange detected the unauthorized transfer of funds from its wallet at 1:26 p.m. on Friday, May...
CertiK announces CertiK Ventures to boost blockchain development
31.5.2024
CertiK Ventures aims to drive on-chain innovation by supporting security-first projects, fostering key partnerships, and making strategic investments
Crypto wallets, explained
31.5.2024
Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Financial institutions face rising threat from sophisticated AI fraud
30.5.2024
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods
Are ZK-proofs the key to Europe’s new digital ID regulations?
30.5.2024
According to Dr. Jonas Gross, CEO of Hakata, zero-knowledge proofs (ZKPs) could be the key to enhancing privacy and security in the EU's groundbreaking digital identity and wallet regulation
NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report
30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs.
The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
30.5.2024
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken...
AggLayer’s Pessimistic Proof: Ensuring cross-chain security
29.5.2024
The AggLayer is a ground-breaking cross-chain bridging protocol for Ethereum that connects several blockchains and is making waves in the cryptocurrency and blockchain space. Recently, it announced a significant development in its approach to managing and securing cross-chain transactions....
Blockchain can help eliminate cybercrime threats
29.5.2024
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide
Pessimistic proofs: ZK tech’s next step or mere cynicism?
29.5.2024
Succinct Labs and Polygon Labs introduce pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development