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GALA token drops 15% after $200 million security breach at Gala Games
21.5.2024
In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...
Gala Games Hit by $23 Million Token Exploit Due to ‘Messed Up’ Internal Controls
21.5.2024
Gala Games, a prominent blockchain gaming platform, experienced a significant security breach attributed to "messed up internal control" that resulted in the unauthorized sale of 600 million GALA tokens, valued at $23 million.
The post Gala Games Hit by $23 Million Token Exploit Due...
Could staked ETH be classified as a security? Galaxy researcher weighs in
21.5.2024
Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation
Prometheum launches Ether custody service that treats ETH as a security: Report
21.5.2024
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
21.5.2024
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain...
XLink Partners with Kaamel Technology to Investigate $10M Security Breach
20.5.2024
XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds.
The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...
Kaamel Technology to lead investigation into XLink's $10M breach
20.5.2024
XLink partners with Kaamel Technology to investigate the initial cause of the breach while accelerating previously communicated security upgrades
Solana Meme Coin Marketplace Pump.fun Issues $1.9 Million Exploit Postmortem, Discloses Former Employee Involvement
17.5.2024
Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took advantage of its position to misappropriate 12.3K SOL, worth $1.9 million. An X user nicknamed Staccoverflow...
Bitcoin bridge XLink resurrection underway post $10M hack
17.5.2024
XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood whitehat hacker
Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
16.5.2024
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption
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)...