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Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
3.7.2024
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA
$8M theft forces Bittensor network shutdown
3.7.2024
All user funds are safe following the network halt, according to Bittensor’s team
MakerDAO delegate’s $11M in tokens stolen in phishing scam
23.6.2024
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets
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
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
CoinGecko confirms email provider data breach, over 23,000 phishing emails sent
7.6.2024
The email platform's security breach occurred due to a compromised employee account
Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols
5.6.2024
"Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."
Bitget boosts security with Sumsub’s deepfake AI detection
5.6.2024
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards
Frax Finance X hacked, CEO suspects ‘inside job’ at Elon Musk's office
3.6.2024
Frax Finance's X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement
BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
28.5.2024
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities
$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
How to securely store crypto in software wallets
10.5.2024
Securing your cryptocurrency storage starts with selecting the appropriate software wallet. Using multisig wallets, 2FA and password managers are further steps
WBTC thief spreads $71M loot across multiple crypto wallets
8.5.2024
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
White Hat Hacker Team SEAL Launches Threat-Sharing Platform for Crypto
17.4.2024
The Security Alliance (SEAL), a white-hat hacker collective, introduces SEAL ISAC – a platform designed to bolster crypto security through collaborative threat intelligence sharing. SEAL ISAC offers resources, facilitates expert connections, and empowers the crypto community to combat cyberattacks....
How XRP sets the standard for crypto security?
21.3.2024
XRP is a type of cryptocurrency. It is necessary for the Ripple ecosystem to work. Ripple aims to change international payments by using XRP as an intermediate token to facilitate speedy and affordable transactions between financial institutions. Just like with physical currency, digital assets...
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.
The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews
How to Enhance Crypto Security in 2024
15.1.2024
Nowadays, the need to secure your money and personal information has become a top priority.Now in 2024, the stakes have never been higher in the ongoing battle against cyber threats. The need for watertight security measures has transcended from a mere recommendation to an indispensable mandate....
Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework
15.12.2023
On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security practices. Ledger Exploit Elicits Mixed Reactions From...
Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says
29.11.2023
CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues