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Quantstamp Crypto Firm Launches New Service to Prevent Flash Loan Attacks – How Does it Work?
24.8.2023
Blockchain security provider Quantstamp has unveiled an innovative tool named Economic Exploit Analysis, designed to bolster the security of decentralized finance (DeFi) protocols by detecting potential flash loan attack vectors within smart contracts.
As per the Quantstamp's announcement,...
Terra money website frozen to prevent more phishing scams
22.8.2023
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks
Protocol to identify ‘systemically important’ blockchain banks could help prevent a market crash: Study
2.8.2023
After the collapse of Terra, the digital assets sector needed a way to identify critical nodes in the global DeFi community
Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
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: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
Ethereum price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off
7.7.2023
ETH price still struggles to conquer the $2,000 level, but growth in LSDFi could prevent a sharper sell-off
Spy x Family’s Unique Studio Collab Helps Prevent Anime Worker Crunch, Says Wit Studio Prez
2.7.2023
It’s no secret among anime fans that Wit Studio’s herculean efforts on earlier seasons of the mega-popular Attack on Titan and sleeper hit Vinland Saga helped make each series a household name in the anime industry. While both shows have since been passed on to Mappa, and fans have growing concerns...
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
1.7.2023
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the nation’s wealth. He stressed that there is nothing more destructive to wealth than inflation, emphasizing that the Fed “must keep their feet...
Italy’s central bank calls for framework to prevent stablecoin runs
29.6.2023
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Crypto Exchange Binance’s Motion to Restrain SEC’s Public Statements Denied
29.6.2023
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that the crypto exchange mishandled U.S. customers’ assets has been denied by the judge overseeing its enforcement case. A former SEC head of internet enforcement warned...
Crypto scammers and the need for tools to prevent theft: World Token Summit
23.6.2023
Matthias Mende said while it’s very unfortunate, there are a lot of bad actors using social media who are constantly trying to bring harm to others
Investor loses $2.8 million in Atomic wallet hack – This AI crypto could help prevent future hacks
7.6.2023
In a startling incident highlighting the inherent risks associated with the cryptocurrency ecosystem, ZachXBT reports that an investor lost a staggering $2.8 million in the Atomic Wallet hack. This unfortunate event serves as a reminder to install robust security measures to protect user assets....
DCG Fails to Make $630M Payment to Creditors Amid Genesis Negotiations, Says Gemini
23.5.2023
In the midst of the financial dispute between crypto exchange Gemini and Digital Currency Group (DCG), Gemini has alleged that DCG failed to make a payment of around $630 million that was due last week. In response, Gemini has stated that it may extend “forbearance” to DCG in order...
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’
18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...
Teku and Prysm deploy fixes to prevent the attestation flooding
15.5.2023
Ethereum recently informed users about the beacon chain experiencing finality issues. The backbone of Ethereum’s PoS mechanism encountered the issues on May 11 and 12. While end users were able to conduct transactions like usual, the issue affected client implementations. Although the network...
Binance Addresses Compliance Concerns, Claims Robust Measures in Place to Prevent Terrorism Financing
5.5.2023
Leading cryptocurrency exchange Binance has responded to a Reuters report that raised questions about its compliance policies for preventing and tackling cryptocurrency-based financing of terrorism.
The exchange said it takes the issue very seriously and is not aware of any exchange, or other...
People Are Grinding Netflix Shows To Prevent Them From Getting Canceled
3.5.2023
At this point, Netflix has become the Google of streaming services—its prevalence in modern culture transformed the streamer into a colloquial verb. As a noun, though, it still refers to a specific business, one with a sizable, increasingly conspicuous graveyard of canceled projects haunting...
Can artificial intelligence prevent the next financial crisis?
26.4.2023
This article explores whether AI can prevent the next financial crisis by improving risk management and identifying potential threats
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention
6.4.2023
The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud...