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Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
24.7.2023
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges
Alphapo hot wallets hacked for over $31 million
23.7.2023
The funds have been reportedly taken on the Ethereum blockchain. The number of Bitcoins stolen remains uncertain
Binance CEO warns of phishing scams as Uniswap founder gets hacked
21.7.2023
The amount of social engineering attacks in the cryptocurrency industry has been rising, with major execs getting hacked recently
Curve omnipool platform Conic Finance hacked for $3.2 million in ETH
21.7.2023
According to initial analysis by Peckshield, the root cause for Conic Finance’s hack was the new CurveLPOracleV2 contract
US state agency issues alert on crypto fraud happening over social media
21.7.2023
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram
How easy is a SIM swap hack and how does one guard against it?
17.7.2023
As SIM swap attacks are often seen as non-demanding in terms of technical skills, users must pay due diligence to their identity security
'Multichain was a big blow', says Andre Cronje as Fantom TVL slumps
15.7.2023
Fantom's TVL dropped from over $364 million in early May to about $70 million on July 14. At its peak in 2022, Fantom's TVL topped $7.5 billion
Ripple CTO warns against XRP scams amid SEC-induced hype
14.7.2023
The XRP price rallied over 70% — bringing up its value from $0.47 to $0.82 in a day. The incident also marks the biggest price jump XRP witnessed over the past year
Bug bounties can help secure blockchain networks, but have mixed results
11.7.2023
How bug bounties can improve security by using talent from the blockchain community
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
11.7.2023
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price
Mt. Gox repayment date looming: Is Bitcoin in trouble?
11.7.2023
As the Mt. Gox repayment deadline scheduled for October approaches, crypto observers expect a major industry event coming up this fall
Pink, Pussy, Venom, Inferno — Drainers coming for a crypto wallet near you
11.7.2023
Crypto wallet drainers, or sweepers, are malicious smart contracts that can quickly empty a crypto wallet of its funds and are a standard tool for phishing scammers
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet
DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k
10.7.2023
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia's Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively
Multichain attack triggers Twitter phishing scheme for FTM distribution
9.7.2023
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with Fantom Foundation
Circle, Tether freezes over $65M in assets transferred from Multichain
8.7.2023
Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6
DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
7.7.2023
The top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish correction
$30B stolen from crypto ecosystem since 2012: Report
7.7.2023
The stolen mount represents nearly 3% of the current market cap of listed cryptocurrencies
Crypto hacks and exploits snatch over $300M in Q2 2023: Report
5.7.2023
While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hackers over $65 million
Ethereum Users Propose ERC 7265 to Thwart DeFi Hacks – How Does it Work?
5.7.2023
Members of the Ethereum community have proposed a new standard meant to improve the security of decentralized finance (DeFi) protocols and mitigate hacks.
The attacks on DeFi protocols have become all too common, draining billions in user funds. According to DeFiLlama, around $6.6 billion...