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BNB Chain responds with next steps for cross-chain security after network exploit
17.10.2022
The BNB Chain team released its official statement on Oct. 7 regarding the hack and stolen funds, and a second statement on Oct. 11 on network decentralization
Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures
17.10.2022
PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital. Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels...
Japanese Crypto Exchanges Targeted by North Korean Hackers
17.10.2022
The notorious North Korean hacker group Lazarus is targeting Japanese cryptoasset companies, and some of these companies already saw their crypto stolen, according to The JapanNews, citing the National Police Agency (NPA)....
Read More: Japanese Crypto Exchanges Targeted by North Korean Hackers
Koreans to have access to blockchain-powered digital IDs by 2024
17.10.2022
Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used
Report: Paypal HK Halts Hong Kong Pro-Democracy Group’s Payments Over ‘Excessive Risks’
15.10.2022
According to a report from a pro-democracy group in Hong Kong, Paypal HK has reportedly stopped processing payments for the League of Social Democrats (LSD). The pro-democracy group said that they were “stunned” to hear the news, and they now have “one less way [to collect...
Haseeb Awan on Mobile Security, Advice for Founders and Efani Secure Mobile | Ep. 169
14.10.2022
In an exclusive interview with cryptonews.com, Haseeb Awan, CEO of Efani Secure Mobile, talks about the importance of mobile security, SIM Swapping, Decentralized wireless systems, and gives advice for start-up founders....
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Industry exec explains why NFT fraud protection falls on brand and not marketplaces
14.10.2022
Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested
Cosmos co-founder says a major security vulnerability has been uncovered on IBC
13.10.2022
A public patch fixing the exploit is scheduled to be released tomorrow
Crypto News Summary: Samsung's 'Private Blockchain' Security System, Five Charged Over $2.5M NFT Theft
13.10.2022
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: Crypto News Summary: Samsung's 'Private Blockchain' Security System, Five Charged Over $2.5M NFT Theft
Samsung uses blockchain-based security for devices in its network
13.10.2022
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
13.10.2022
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes
Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
13.10.2022
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access...
Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
13.10.2022
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023
13.10.2022
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole...
From neglecting security to bad tokenomics, DeFi has played a hand in its own decline
12.10.2022
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
12.10.2022
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals...
Crypto News Summary: Solana-Based Mango Markets Suffers $100M Exploit, BNB Chain Executes Moran Hard Fork
12.10.2022
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: Crypto News Summary: Solana-Based Mango Markets Suffers $100M Exploit, BNB Chain Executes Moran Hard Fork
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
Crypto News Summary: Coinbase Partners with Google Cloud for Crypto Payments, CNN Kills Vault
11.10.2022
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: Crypto News Summary: Coinbase Partners with Google Cloud for Crypto Payments, CNN Kills Vault
Polygon Launches zkEVM Testnet — Defi Projects Uniswap, Lens, Aave Join Testing
11.10.2022
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet “the first open-source zkEVM network,”...