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Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
23.10.2023
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...
Crypto suffered 153% YoY increase in hacks and scams in Q3: Immunefi
3.10.2023
The number of attack incidents increased to 76 in Q3 2023, compared to just 30 in the same quarter last year
September becomes the biggest month for crypto exploits in 2023: CertiK
2.10.2023
The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
21.9.2023
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings
Coinbase Inadvertently Earned $1M Due to Hack, but Hasn't Reimbursed Victims
15.9.2023
Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit
Crypto Thefts in 2023: Nearly $1 Billion Lost to Scams and Exploits, Reports Certik
1.9.2023
According to cybersecurity firm Certik, nearly $1 billion in cryptocurrency has been pilfered due to scams, rug pulls, and exploits throughout 2023. The company highlighted that the combined incidents in August alone led to a loss of $45.8 million. Certik Analysis: Cryptocurrency Losses Near...
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
22.8.2023
Palo Alto Networks CEO Nikesh Arora warned that "bad actors are getting faster" and stressed that companies need to beef up cybersecurity defenses
Fireblocks Discloses Bitforge Vulnerabilities Affecting Dozens of Wallet Providers
12.8.2023
Fireblocks, a digital assets security company, has disclosed vulnerabilities affecting several cryptocurrency wallets, collectively named “Bitforge.” Through these vulnerabilities, criminals could steal millions in cryptocurrency without having direct contact with the owners of...
Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023
31.7.2023
Some $52 million of assets were siphoned from Curve Finance just this weekend
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
30.7.2023
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts...
ZkSync's Largest Lender Struck by $3.4M Exploit
25.7.2023
EraLend, the largest lending protocol on Ethereum scaling blockchain zkSync, has been hit by a $3.4 million reentrancy attack, according to blockchain security firm CertiK
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
24.7.2023
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges
What Mastodon’s Critical Bug Fixes Say About Crypto’s Security Vulnerabilities
10.7.2023
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
2.6.2023
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann
Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
22.5.2023
The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
10.5.2023
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt...
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
1.5.2023
The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023
Huobi and Gala Games to Give $50M to Victims of pGala Scheme
3.4.2023
The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme
Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets
15.3.2023
Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital...