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Security audits ‘not enough’ as losses reach $1.5B in 2023, security professional says
29.11.2023
CertiK co-founder Ronghui Gu told Cointelegraph that it’s “inexcusable” the industry faces continued SIM-swap and multisig failures, as previous incidents already highlighted the issues
Aerodrome and Velodrome DeFi platforms experience front-end hacks
29.11.2023
The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors
How to Play Grand Poo World 3
28.11.2023
The underground world of creating and streaming Super Mario World-based ROM hacks continues to gain popularity. This popularity is a tribute to the creativity of gamers and the quality of the original 30 year old video game’s mechanics. Over the past decade, incredible ROM hacks like Grand...
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
26.11.2023
In an X thread, Laurence Day, a former core contributor, detailed the efforts of the Indexed community in overcoming two hijacking attempts on the remaining treasury of the Indexed DAO
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
26.11.2023
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $30 million. HTX announced its commitment to “fully compensate” for the financial...
KyberSwap hacker offers $4.6M bounty for return of $46M loot
24.11.2023
“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-chain message
Justin Sun-related crypto platforms hacked 4 times in 2 months
23.11.2023
Justin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from the crypto community
HECO Chain bridge compromised, over $86.6M sent to suspicious addresses
22.11.2023
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses
Setting new standards for crypto exchanges in the post-FTX era: Report
22.11.2023
In an industry that is growing increasingly wary of financial malpractice, which exchange is the most trustworthy?
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
22.11.2023
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023
Fantom Foundation awards $1.7M bounty for preventing $170M drain
21.11.2023
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million
dYdX founder blames V3 central components for 'targeted attack,' involves FBI
21.11.2023
dYdX founder Antonio Juliano said they’re working to find the original culprit behind the exploit, and they’d rather pay community members who help in the investigation than the exploiter
Kronos Research halts trading amid $25M API key hack investigation
20.11.2023
While Kronos Research indefinitely halted trading services until internal investigations tracked down the culprit that stole over 12800 ETH, the firm said that potential losses are not a significant portion of its equity
Importance of cold wallets amidst rising crypto hacks
17.11.2023
Security plays a pivotal role in crypto exchanges, and the prominence of cold wallet solutions is growing as a vital tool to thwart crypto attacks. Discover what makes cold wallets more appealing for investors looking to keep their assets offline in this mini-guide. Understanding Cold Wallets...
46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi
15.11.2023
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements
Today in Crypto: 46.5% of Web3 Fund Loss is Result of Traditional Web2 Security Issues, Investment in Blockchain Gaming Hits $1.5 Billion in 2023
15.11.2023
Source: AdobeStock / AhmadSoleh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news While developers and researchers generally focus on designing and coding the smart contract protocol...
Poloniex crypto exchange resumes withdrawals after $100M hack
15.11.2023
Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10
OpenSea NFT users report massive email phishing campaign
15.11.2023
OpenSea users have reportedly been targeted with a widespread email phishing campaign, including a fake developer API risk alert and a fake NFT offer
What Are the Tax Implications of the Alleged Binance Wallet Hack (or Any Crypto Exploit)?
13.11.2023
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
10.11.2023
The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months