Search
Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open
7.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors...
Crypto security audits and bug bounties are broken: Here’s how to fix them
6.4.2023
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t pay out bug bounties?
DeFi security: How trustless bridges can help protect users
18.2.2023
Trustless bridges enable cross-chain transfers without needing a centralized custodian, potentially making it a safer option for interoperability
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
5.1.2023
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period
How to Spot the Next Celsius Before It’s Too Late
7.8.2022
It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...
7 DeFi Risks You Should be Aware of According to CoinShares
14.7.2022
Risks are inherent to all financial sectors, and decentralized finance (DeFi) is no exception.
The most common forms of financial risk in traditional finance (TradFi) include credit risk, liquidity risk, asset-backed risk, foreign investment risk, equity risk, and currency risk.
While some...
Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
11.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._______...
Read More: Three Arrows Founders in Hiding, Voyager's Unknowns, Vauld's 'Breathing Space' + More News
MetaMask, Phantom, Brave, and XDefi Wallets Patch 'Demonic Critical Vulnerability' Before an Attack
16.6.2022
A number of prominent browser extension wallets, including Ethereum (ETH) wallet MetaMask, Solana (SOL)'s Phantom, Brave, and cross-chain wallet extension XDefi, have patched a "critical vulnerability" that could have exposed sensitive login credentials if specific conditions were met.
The...
Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts
30.3.2022
The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
Read More: Axie Infinity’s Ronin Hack...
Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited
29.3.2022
The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m....
Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Ronin Network Exploited
Kirobo CEO Asaf Naim Explains How Building a Safety Net for DeFi Users Will Make It Bigger Than Ever
10.2.2022
Kirobo is a decentralized application developer building out a suite of services focused on DeFi security and usability. With a $5 million investment from Digimax in 2021, Kirobo works to make decentralized finance as accessible and user-friendly as regular online banking. Kirobo is the proud...
EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche
26.1.2022
PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockchains, the EverRise token (RISE) and ecosystem is now available on a total of...
Top Risks for DeFi Users and Investors According to Moody's and Gauntlet
19.1.2022
Decentralized finance (DeFi) is rapidly evolving, but insufficient transparency, a lack of shared awareness about its risks, and methods to measure and mitigate those risks continue to pose challenges to its users, according to a report by international risk assessment firm Moody’s.
Prepared...
How to enhance DeFi security
23.11.2021
Decentralized finance is exploding. Its security is not. Here’s how to prevent millions more lost in DeFi
Immunefi to bolster DeFi security service with new funds
26.10.2021
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020
DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack
4.10.2021
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms
Poly Network offers to on board 'Mr. White Hat' as chief security advisor
17.8.2021
“Poly Network has no intention of holding Mr. White Hat legally responsible," said the team
NewsCrypto Partners with Lossless for DeFi Security Solutions
21.6.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
NewsCrypto, a decentralized platform that provides an all-suite crypto service to investors and traders, announced on June 27 that it has partnered with...
Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
28.4.2021
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team
Cream Finance launches $1.5M bug bounty to improve DeFi security
20.4.2021
With a new security campaign, Cream Finance looks to minimize vulnerabilities