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Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021
6.7.2022
Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform Immunifi....
Read More: Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021
Belgium Regulator Ponders Crypto as a Security
6.7.2022
The EU’s landmark crypto law won’t take effect for a couple of years, but existing stock-trading rules may still apply, financial regulator FSMA says
Leaked Personal Data of 1 Billion Chinese Citizens on Sale for 10 Bitcoins — Hacker Claims Stolen From Shanghai Police
6.7.2022
A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion...
NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News
5.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News
Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News
4.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News
British Army’s social media accounts hacked by crypto scammers
4.7.2022
Hackers had access to multiple official social media accounts of the British Army for nearly four hours, when they posted crypto phishing links and scams
DeFi Suffers from Too Much Centralization, What Can Be Done?
3.7.2022
"If any part of their business model incorporates centralization then it is centralized no matter what other decentralized features it deploys."
"It is vital that people understand how the assets they are pledging to a centralized entity are being used."
'"If users demand more decentralization...
The Words We Use In Bitcoin: Words, Language, Terminology, and Linguistic Attacks
3.7.2022
Gigi is a Bitcoin educator, author of '21 Lessons', and software engineer.
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It can’t be said often enough: Bitcoin is confusing. However, it’s not complicated like a Rube Goldberg machine is complicated. It’s just very foreign and thus very misunderstood—it is a completely new thing....
Societe Generale Selects Swiss Crypto Custody Specialist Metaco For Security Token Push
30.6.2022
French lender Societe Generale has selected Swiss cryptocurrency custody firm Metaco to work with the bank’s digital asset subsidiary SG FORGE
OpenSea data breach causes massive leak of users' email addresses
30.6.2022
The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway
NFT Giant OpenSea Shares 5 Safety Recommendations as Users' Emails Leaked
30.6.2022
Major NFT marketplace OpenSea warned their users that their emails have most likely been leaked and reminded them of 5 recommendations on how to protect yourself from email phishing attempts....
Read More: NFT Giant OpenSea Shares 5 Safety Recommendations as Users' Emails Leaked
XCarnival Hacker Accepts ETH 1,500 Bounty and Returns Remaining ETH 1,467
27.6.2022
The hacker of XCarnival, a lending aggregator for metaverse assets, has accepted a bounty of ETH 1,500 (USD 1.85m) in exchange for the return of the remaining ETH 1,467 (USD 1.8m) and the team not pursuing legal actions.
Etherscan transactions show that the hacker has already sent ETH 1,467...
ONE Keeps Trending Lower while Harmony Offers Hacker USD 1M in Bounty for Return of Funds
27.6.2022
The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds.
"We commit to a [USD] 1M bounty for the return of Horizon bridge funds and sharing exploit information," Harmony said in a Twitter post...
Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst
26.6.2022
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer...
Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto
26.6.2022
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______
As bitcoin (BTC) sunk below the USD 20,000 mark, the panicking voices filled with eschatological fervor seemed to come from around the community. The same USD 20,000 mark that five years ago looked like a pinnacle...
5 Risks to Know Before Using Centralized Crypto Lending Platforms
25.6.2022
Crypto lending has been one of the most prominent activities in crypto markets. The activity has developed over the years with several crypto lenders emerging to meet the demand for crypto loans. ...
Read More: 5 Risks to Know Before Using Centralized Crypto Lending Platforms
Evolution of Enterprise Blockchain into Real-World Utility and Use Cases
24.6.2022
Johannes Schweifer is the CEO and co-founder of blockchain infrastructure company CoreLedger.
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While the market sentiment may be bearish, these times become an opportunity for builders and innovators to focus on how to drive meaningful progress with blockchain technology....
Read...
Axie Infinity's Ronin Bridge to Re-Open After Hack, Locked Funds to Be Returned
24.6.2022
Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.
According to a tweet from Ronin on Thursday,...
ONE Drops as Harmony's Bridge Hacked for USD 100M
24.6.2022
ONE, a native token of a cross-chain bridge provider, Harmony, becomes one of the worst performers among the top 200 coins today, as the team confirms they lost around USD 100m in a theft....
Read More: ONE Drops as Harmony's Bridge Hacked for USD 100M
SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK
24.6.2022
A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022.
The claims were made by SK Shieldus, part of the SK Group, which owns SK Telecom – one...