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Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable
6.12.2021
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value...
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
1.11.2021
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency...
Vulnerabilities Identified on DeFi Project Safemoon by HashEx
15.6.2021
Blockchain audit and consulting firm HashEx issued a report claiming that it had been able to detect a total of twelve vulnerabilities — representing varying degrees of severity — in SafeMoon’s (SAFEMOON) smart contract architecture. As a result, the firm claims that the digital asset holdings...
Apple updates iOS to fix crypto wallet security vulnerabilities
27.1.2021
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
19.1.2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Vitalik Buterin Warns Current Crypto Wallets Are Not Ready for Mainstream Adoption
12.12.2020
The cofounder of the world’s second-largest cryptocurrency, ethereum, warned about crypto wallet vulnerabilities, claiming the tools are not ready for widespread adoption and encouraged to open more discussions on security matters. Buterin Calls for More User-Friendly Crypto Wallets...
xSigma DeFi Is a Game Changing Protocol Backed by a NASDAQ Listed Company
1.12.2020
The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities and shady anonymous developers are just some of the issues that...
Putting Pressure on Bitcoin’s Lightning Network Vulnerabilities Will Strengthen It
28.10.2020
These vulnerabilities are reminders that improvements come with trade-offs – and that security and usability are two sides of the same coin
4 Bitcoin Lightning Network Vulnerabilities That Haven’t Been Exploited (Yet)
27.10.2020
Bitcoin’s Lightning Network has a few of vulnerabilities that have been discovered in its two-year lifespan, but none have been exploited
Lightning Vulnerability Discovered; Ind Node Operators Urged to Upgrade ASAP
9.10.2020
An undisclosed vulnerability in LND versions 0.10.x and below was revealed Thursday with developers urging node operators to update to the newest version
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Privacy Wallet Wars: Wasabi Vulnerabilities Denied by Developer
20.8.2020
OXT Research, the team behind Bitcoin (BTC) wallet Samourai Wallet, has announced that its researchers have identified two potential privacy vulnerabilities in the open-source Wasabi Wallet that could impact the security of CoinJoin transactions carried out through the wallet. This said, zkSNACKs...
SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities
4.8.2020
The federal securities watchdog has taken an interest in DeFi's most basic building block
OpenZeppelin Discloses ‘High Severity Vulnerability’ in DeFi Wallet Argent
19.6.2020
A “high severity vulnerability” was found and patched in Ethereum wallet Argent, according to leading white-hat hackers OpenZeppelin
Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments
21.4.2020
Privacy holes in the Lightning Network, a bitcoin transaction settlement layer, are leaking payment information
Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value
29.3.2020
For weeks now, the cryptocurrency community has been fervently discussing the recent acquisition of the Steemit blockchain. Skeptics believe that the Tron takeover has shown significant vulnerabilities with delegated-proof-of-stake (DPoS) projects. Following the takeover, the community still...
How Market Volatility Is Shining a Light on DeFi’s Structural Vulnerabilities
28.3.2020
How DeFi’s infrastructure development could help the crypto market in the times of crisis?
After MIT Find Vulnerabilities, Medici Ventures Defends Blockchain Voting App Voatz
14.2.2020
Jonathan Johnson, CEO of Overstock, backs Voatz app amid circulating claims of the app’s security vulnerabilities
Researcher’s Scathing Lightning Network Analysis Finds Flaws
9.1.2020
On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and...