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Ethereum’s game changing two-tiered staking for enhanced security and scalability
11.10.2023
Ethereum is the second-largest crypto in terms of market cap and the first blockchain-based smart contract to undergo a historic transformation from an energy-intensive mechanism of proof of work (PoW) to a more eco-friendly consensus mechanism of proof of stake (PoS). PoS fundamentals have...
Simplex Accelerates VERSE Token and Wider Cryptocurrency Adoption
10.10.2023
Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combines convenience, reliability and security...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...
FTX Could Have Lost Over $1B Due to Lax Security Practices: Report
10.10.2023
Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse
Friend.tech adds new security upgrade in wake of SIM-swap attacks
10.10.2023
The 2FA security measure is optional for Friend.tech users seeking additional security on the platform
Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain
9.10.2023
Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase's Layer 2 (L2) network.
The new tokenized security closely mirrors the performance of a short-term US treasury bond exchange-traded fund (ETF), offering...
Gama Casino (Sign Up & Play Now): Fully Licensed Online Casino
9.10.2023
Gama Casino is a brand new game project launched in 2023. It is designed for the most comfortable and safe online gaming. Well-thought-out technical solutions allow this resource to provide customers with a high level of security when gaming, making … Continued
The post Gama Casino (Sign...
Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Recent Security Breach
9.10.2023
HTX, the crypto exchange operated by Huobi Global, has successfully regained the funds that were stolen by a hacker in a security breach that occurred in late September.
After reseiving the funds, HTX also offered the hacker a 250 Ether bounty as a token of appreciation. ...
Read More: Crypto...
Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’
8.10.2023
Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will...
Avalanche-Backed Stars Arena Faces $3 Million Security Breach
8.10.2023
Stars Arena, a social platform supported by Avalanche's Contract Chain, has fallen victim to a significant security breach.
In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that the platform's smart contract had been attacked.
The team urged users not...
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...
Stars Arena secures funds to plug $3M exploit, set to reopen after security audit
8.10.2023
Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange
Backed Finance Tokenizes Treasury Bond ETF on Coinbase’s Base Network
7.10.2023
Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares...
Identity Verification Crucial to Preventing Crypto Scams, says Concordium Founder
6.10.2023
Concordium founder Lars Seier Christensen believes identity verification is essential in preventing cryptocurrency scams.
"To prevent scams, there has to be some level of identity verification, a means to verify that the parties involved in any given transactions are actually who they claim...
ConsenSys exec on MetaMask Snaps security: ‘Consent is king’
6.10.2023
ConsenSys head of developer community Francesco Andreoli explained that users could get more transaction insights through MetaMask Snaps
Shielding Your Digital Realm: How to Protect Yourself and Crypto From SIM Swap Attacks
6.10.2023
In 2023, several SIM swap attacks have targeted cryptocurrency advocates and high-profile industry members, including Ethereum co-founder Vitalik Buterin. Below is a comprehensive guide aimed at educating our readers on mitigating SIM swap attacks and safeguarding against hacks. Understanding...
Sony Suffers Two Hacks In Four Months, Thousands Of Employees' Info Exposed
5.10.2023
A week after an extortion group called Ransomed.vc claimed to have hacked into Sony’s systems and stolen 3.14GB of data, the company has admitted to a second security breach. This one occurred back in May and involved the personal data of nearly 6,791 current and former employees.Read more
UK to launch Digital Securities Sandbox in Q1 2024
4.10.2023
HM Treasury’s Digital Securities Sandbox will have “a new rule set that would allow it to do new things with digital securities.”
US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman
3.10.2023
The recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today.
On October 2, a total of nine...
Lazarus Group’s New Malware is Harder To Detect, Cyber Security Firm Warns Crypto Firms
2.10.2023
Cyber security experts at ESET have warned firms of the threat posed by the Lazarus Group’s new malware “LightlessCan” saying it is more difficult to detect than previous versions.
According to the firm, the malware is mostly deployed in employment scams luring users to install a malicious payload...