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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....
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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...
Is Gate.io Safe? An In-Depth Look at Gate.io’s Security!
23.6.2022
When looking for a new cryptocurrency exchange, the first question you are likely to ask is, “Is it safe?” First, it’s essential to understand an exchange’s history and what it offers in terms of asset security and safety. Exercising caution is vital in keeping your funds...
NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
22.6.2022
Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
22.6.2022
The firm said it was starting a 'Crypto Incident Response’ hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.”
BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
22.6.2022
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: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to 'Overly Catastrophize' It
21.6.2022
Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.
The Ethereum mastermind noted that Lido Finance, the largest...
How Tokenomics Might Change in the Wake of the Terra Collapse
19.6.2022
It seems that tokenomics is in crisis. Where before a superficially deflationary monetary system was enough to draw in investors, the Terra collapse and the ongoing downturn have likely had an irreversible impact on the perceptions of traders, who now may think twice before throwing their money...
7 In-Demand, Crypto Winter-Proof Blockchain Jobs
18.6.2022
Numerous leading crypto companies have started to slow down hiring and are reducing staff as revenues have declined due to the slump in the crypto markets. But that doesn’t mean that there aren’t crypto jobs out there that remain in demand, especially, as multiple companies still keep hiring. ...
Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest
17.6.2022
A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by security agents reportedly spooked by large crowds that were following the campaign. The enthusiast said the high number...
MetaMask, Phantom, Brave, and XDefi Wallets Patch 'Demonic Critical Vulnerability' Before an Attack
16.6.2022
A number of prominent browser extension wallets, including Ethereum (ETH) wallet MetaMask, Solana (SOL)'s Phantom, Brave, and cross-chain wallet extension XDefi, have patched a "critical vulnerability" that could have exposed sensitive login credentials if specific conditions were met.
The...
MetaMask warns of security vulnerability from older versions of popular crypto wallet
15.6.2022
"Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy
15.6.2022
PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided...
Blockchain Security Firm Forta Introduces Native Token
15.6.2022
The FORT token will provide an incentivize to help secure the Forta network
MetaMask, Phantom and Other Browser Wallets Patch Security Vulnerability
15.6.2022
There is no evidence that the vulnerability was ever exploited by attackers, meaning no user funds are believed to have been impacted