Search
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
Ternoa offers Polygon CDK-based Ethereum L2 zkEVM+ for security and privacy
18.6.2024
In 2023, Ternoa released a decentralized privacy stack as a Polkadot SDK L1 chain. Now, the company is launching zkEVM+, an Ethereum L2 developed using Polygon CDK that focuses on security and privacy. Polycon CDK has been instrumental in the development of Ternoa’s zkEVM+, an L2 on Ethereum...
ZkSync token launches amid network load, RPC issues
17.6.2024
ZK token launch on multiple exchanges sees price fluctuations while zkSync manages network strain and scam threats
XLink onboards Fireblocks, Ancilia to prevent another $10M hack
17.6.2024
The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys
Singapore’s National Goalkeeper, Hassan Sunny, Appointed as Chief Security Officer for HTX Global and TRON
17.6.2024
Singapore’s national goalkeeper, Hassan Sunny, has been appointed as the Chief Security Officer and spokesperson for HTX Global and TRON. The announcement was first made by Justin Sun on social media. Drawing parallels between Sunny’s role on the football field and his new position, Sun expressed...
Curve CEO clears up UwU Lend hack, CRV burn misinformation
16.6.2024
Curve CEO clarifies misinformation about the UwU Lend hack and CRV token burn, outlining preventative measures and repayment of bad debt
Experts Warn SEC’s Consolidated Audit Trail Is Unconstitutional
16.6.2024
The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked significant concerns among privacy advocates and legal experts, who warn of an unprecedented expansion of government monitoring over financial transactions....
Fake Federal employees target crypto investors: CISA warns
15.6.2024
The Cybersecurity and Infrastructure Security Agency (CISA) warns of a surge in impersonation scams targeting crypto investors
Holograph Compromised: HLG Value Plummets as Hacker Illegally Mints 1 Billion Tokens
14.6.2024
On June 13, an unidentified hacker minted one billion HLG tokens by exploiting vulnerabilities in the Holograph operator smart contract. The Holograph team has patched the initial exploit and is collaborating with exchange partners to freeze the affected accounts. A decentralized finance researcher...
Okx Acknowledges Security Incident Involving Judicial Documents Forgery
13.6.2024
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents...
North Korean cyberattacks on Brazilian fintech firms exposed
13.6.2024
Google Cloud’s report exposes North Korean cybercriminals targeting Brazil’s cryptocurrency and fintech sectors with sophisticated malware and phishing schemes
Crystal Intelligence Report Reveals $19 Billion Lost in Crypto Crimes Over 13 Years
12.6.2024
In a comprehensive new report, Crystal Intelligence, a blockchain analytics firm, details a significant $19 billion in losses due to cryptocurrency crimes over the past thirteen years. The study covers a timeline from June 19, 2011, to March 6, 2024, and delves into the various types of criminal...
Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
Crypto Exchange Lykke Confirms Platform Breach; Reports Theft of Assets Valued at $22 Million
11.6.2024
The cryptocurrency exchange Lykke confirmed on June 10 that it fell victim to a breach, resulting in a hacker stealing digital assets valued at $22 million. Lykke stated that it had shut down the affected systems to contain the damage and assured users that their funds remained secure. Lykke Faces...
Binance Labs backs Zircuit to enhance L2 security with AI sequencer
11.6.2024
Zircuit has recently received a significant financial boost from Binance Labs, which is part of the company that invests in and incubates startups. Zircuit is a rapidly growing innovation that leverages zero-knowledge rollups and comes with high-level security provided at the sequencer level in...
Crypto the ‘hardest thing’ in software history — Consensys CEO
11.6.2024
Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
11.6.2024
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts
Loopring suffers huge losses after security lapse in ‘Guardian’ service
10.6.2024
According to the information available from the market, $5 million was drained from wallets powered by Loopring’s guardian service. Loopring, the Ethereum zkEVM protocol, is often termed Ethereum’s most secure wallet. They shared details of two wallet addresses badly affected by...
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
Solana cracks down on validator sandwich attacks
10.6.2024
Sandwiching occurs by placing one order before the transaction and another immediately after, which ensures that retail always gets the worst possible price