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Binance develops ‘antidote’ to address poisoning scams after $68M exploit
16.5.2024
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum
How to bridge to zkSync
15.5.2024
Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions
Sonne Finance suffers $20 million loss in security breach
15.5.2024
Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company, siphoning off $3 million and in the following phase...
Worldcoin beefs up security by open-sourcing biometric data system
15.5.2024
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
15.5.2024
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Filing suggests SEC is exploring grounds to deny spot Ether ETFs
14.5.2024
A March 4 filing for BlackRock's spot Ether ETF called for feedback on whether the investment vehicle could be listed as a commodity
Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
14.5.2024
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable
Equalizer DEX hacker drains funds: Users warned, investigation underway
14.5.2024
A hacker has siphoned tokens through a series of unauthorized transactions, leaving the crypto community in shock
How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
14.5.2024
Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the billions of dollars. Discreet Log Contracts (DLCs)...
Stolen Poloniex Ether worth $53M never made it back to the exchange
14.5.2024
The Poloniex hacker moved over 17,800 Ether (ETH) from six different wallets into a single Tornado Cash address
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
Biden orders removal of Chinese-owned crypto miner near missile base
14.5.2024
Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden
US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base
14.5.2024
President Joe Biden has issued an order blocking MineOne, a majority Chinese-backed cryptocurrency mining firm from owning land near a strategic nuclear missile base in Wyoming due to security concerns.
The post US Blocks Chinese-Backed Crypto Mining Firm From Owning Land Near Wyoming Missile Base...
Binance Kazakhstan Secures ISO Certifications for Security and Privacy
14.5.2024
Binance Kazakhstan has been awarded the ISO 27001 and ISO 27701 certifications, marking significant recognition for its robust information security and privacy management systems. These certifications, issued by the British Standards Institution after a thorough audit, affirm Binance’s compliance...
Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base
14.5.2024
President Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining...
Middle East-Focused Crypto Exchange, Rain, ‘Likely Exploited’ for $14.8 Million, Says Zachxbt
13.5.2024
The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto investigator Zachxbt. Zachxbt says he traced the stolen funds to a bitcoin address with 137.9 bitcoins and an ethereum address holding 1,881 ether....
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
13.5.2024
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security
CertiK discovered $5M security flaw in Wormhole bridge on Aptos
13.5.2024
A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it
Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case
13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.
The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews