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Bitmart Loses $200 Million in Hack Performed by Unknown Attackers


Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...

Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups


  Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built...

Syscoin vs Fantom: Battle of the cross-chain smart contract networks


Smart contract networks have witnessed a huge surge in popularity this year – and for good reason. They are a completely revolutionary part of blockchain technology that gives users the ability to seamlessly perform transactions with one another via an intermediary.  The most popular platform...

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao


The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million...

IOTA Rises as New ‘Feeless’ Smart Contract Network & Airdrop Announced


The IOTA network’s MIOTA token stood out as one of the strongest performers in the crypto market today, after the team behind it announced a new smart contract network known as Assembly based on IOTA’s smart contracts framework.... Read More: IOTA Rises as New ‘Feeless’ Smart Contract Network...

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round


1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build...

ICP's 'Long-Awaited' Transferability Upgrade Went Live


The DFINITY Foundation, a not-for-profit organization developing technology for the Internet Computer (ICP) blockchain, has launched an upgrade proposed by the community to expand support for all canister smart contracts, enabling users to hold and transfer ICP tokens. ICP tokens will be sent...

How to enhance DeFi security


Decentralized finance is exploding. Its security is not. Here’s how to prevent millions more lost in DeFi

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