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Tackling NFT Theft With the Three Address Protocol


The Three Address Protocol offers a structured strategy to safeguard non-fungible tokens (NFTs), dividing activities across three specialized addresses to combat digital asset theft. TAP: Candidate For The New Standard in NFT Security The NFT community has long been plagued by NFT thefts, with...

Slowmist Warns About Fake Journalists Orchestrating Crypto Thefts


Source: AdobeStock / Sergey Nivens Security firm SlowMist has issued a warning about a wave of crypto thefts orchestrated by fake journalists.  In a recent Medium post, the company said the first instance of this malicious campaign was reported on October 14 when a Twitter user named Masiwei...

US DOJ Ramps Up Efforts to Crack Down on DeFi Hacks and Thefts


The alarming rate of DeFi hacks has caught the attention of the US Department of Justice.  A recent Financial Times report disclosed that the DoJ referred to these thefts and hacks as a “pretty significant issue.” Apart from other bad actors’ hacks and exploits, the North Korean hackers have...

SushiSwap's MISO Suffers USD 3M Attack, Contract Thefts May Rise


en attacked. Per his words, this was a supply chain attack, with an anonymous contractor, who’s using the GitHub handle ‘AristoK3’, injecting a malicious code into Miso’s front-end.As for the identity behind this handle, Delong said that they “have reason to believe” it’s the Twitter user ‘er

Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes


Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last...

Hackers Have Stolen $100 Million From Defi Projects This Year


Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report. Defi accounted for 50% of all hacks and thefts in the second half of the year. Defi Hacks on the Rise A new report by cryptocurrency forensics and blockchain threat intelligence...

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