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Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Suspected $28 Million Coinex Hot Wallet Hack Emerges
12.9.2023
Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating...
Blockchain Security Firm Peckshield Identifies Strange Transactions in Crypto Casino Stake Wallet – What’s Going On?
4.9.2023
Blockchain security firms Peckshield and Cyvers have detected multiple suspected transactions with wallets linked to crypto casino, Stake.
Etherscan data shows that wallet 0x3130662aece32F05753D00A7B95C0444150BCd3C received about $16 million worth of different cryptocurrencies before it...
Crypto Cybersecurity Firm OpenZeppelin Launches Blockchain Security Upgrade ‘Defender’ Version 2.0
29.8.2023
Blockchain security firm OpenZeppelin has announced the launch of its Defender 2.0, a security upgrade for numerous blockchain applications.
OpenZeppelin helps integrate a security audit into blockchain-based algorithms called smart contracts. OpenZeppelin Contracts are reviewed and tested...
Richard Ma, CEO of Quantstamp, on Blockchain Security, Web3 Audits, and Smart Contracts | Ep. 260
29.8.2023
In an exclusive interview with cryptonews.com, Richard Ma, Co-Founder and CEO of Quantstamp, talks about smart contract audits, the most common types of Web3 hacks, and the role security plays in helping Web3 achieve mainstream adoption. ...
Read More: Richard Ma, CEO of Quantstamp, on Blockchain...
Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
23.8.2023
The service has been released in collaboration with researchers from the University of Toronto
Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security
17.8.2023
EigenLayer’s platform for "restaking" is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators
5 smart contract vulnerabilities: How to identify and mitigate them
17.8.2023
Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps
Telegram trading bots are hot, but don’t trust them for custody — Security firms
11.8.2023
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph
Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
8.8.2023
Hundreds of millions of dollars have been lost to scams and exploits in July alone
Blockchain Security Firm CertiK Reveals Vulnerability in Worldcoin Protocol Allowing Unverified Orb Operator Access
5.8.2023
Blockchain security firm CertiK has disclosed a vulnerability in the Worldcoin protocol that allowed unauthorized access for an Orb operator.
In a recent Twitter thread, CertiK explained that the vulnerability allowed anyone to bypass the verification requirements to become an Orb operator...
Redditor's hacked Bitcoin is a lesson on the hidden dangers of paper wallets
27.7.2023
"My Bitcoin was taken. How?" A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out
Stride Blockchain Will Move to ATOM-Powered Security Model
19.7.2023
Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent
Blockchain Security Firm CertiK Found an Infinite Loop Bug in Sui Network
19.6.2023
The bug was found before Sui mainnet was live and the foundation granted a $500,000 award for the discovery
Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
2.6.2023
May saw fewer exploits than April, suggesting better security practices among crypto users and developers
ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges
1.6.2023
While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate
Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
5.5.2023
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators
Blockchain Security Firm PeckShield: DeFi Protocol Yearn Finance Suffers $11 Million Exploit – Here's What Happened
13.4.2023
Decentralized finance (DeFi) protocol Yearn Finance has fallen victim to an attack which occurred on Aave version 1, leading to the theft of about $11 million worth of Dai (DAI), Tether (USDT), USD Coin (USDC), Binance USD (BUSD) and Tru USD (TUSD) tokens, according to an investigation carried...
Euler Finance hacked despite 10 audits in 2 years, says CEO
17.3.2023
Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son