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Gov’t Servers in South Korean City ‘Infected with Crypto Mining Malware’
16.1.2024
Source: iuliia_n/Adobe Crypto mining malware has been found on two government servers in the South Korean city of Daejeon, an audit has found. Per MBN, the nation’s Ministry of Public Administration and Security commissioned biannual audits of the city government’s servers. During...
Telcoin Fully Restores User Balance Two Weeks After $1.2 Million Exploit
12.1.2024
Source: Pixabay Financial app developer Telcoin has restored all user balances two weeks after an exploit led to $1.2 million worth of funds being drained from users’ accounts. In an email to CryptoNews, Telcoin noted that it had restored all user balances, fixed the vulnerability,...
What Is a Smart Contract Audit?
11.1.2024
Smart contract security audits are an integral part of ensuring a secure and user-friendly Web3 experience
New York's Crypto BitLicense Oversight Criticized by State's Comptroller
9.1.2024
The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli
Binance Successfully Completes SOC 2 Type II Compliance Audit
20.12.2023
Source: DALL·E Binance has completed a comprehensive SOC 2 Type II compliance audit, aiming to further enhance cryptocurrency security. The crypto exchange Binance announced in a blog post that it had successfully undergone the System and Organization Controls (SOC) 2 Type II compliance audit. This...
FCA Has Dealt With 1,400 Cases Related to Unregulated Crypto Activity, UK Regulator Reveals
13.12.2023
The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering...
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
7.12.2023
Rewarding hackers who agree to return a portion of the stolen funds not only “creates a moral hazard” but potentially “leads to more security breaches,” a Web3 expert has argued. The recent attacks on Kronos and Kyberswap, as well as the subsequent attempts to engage...
Nový šéf ČT chce zadat forenzní audit finanční situace televize
18.10.2023
Generální ředitel České televize Jan Souček plánuje objednat forenzní audit finanční situace veřejnoprávní televize v období posledních dvou až tří let. Na zasedání Rady České televize řekl, že ho k tomu vedou rozhovory jeho předchůdce Petra Dvořáka v médiích, že ČT má na účtech dvě miliardy korun...
Ethereum layer 2 zkEVM ‘Scroll’ confirms mainnet launch
18.10.2023
Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago
Web3 Social Platform Stars Arena Relaunches: Trading To Resume After Audit
16.10.2023
Avalanche-based Stars Arena has relaunched its application following a hack and 10% bounty offer that led to the bad actor returning 90% of stolen assets.
The platform announced on X (formerly Twitter) on Oct 15 that it relaunched services except trading but a new announcement will be made soon...
Crypto Prices Sag But Bitcoin Minetrix Raises $820,000 for Secure Bitcoin Cloud Mining, While Risky Competitor Coin Fails DEXTools Audit
9.10.2023
Much-talked-about Bitcoin cloud-mining project Bitcoin Minetrix ($BTCMTX) has raised more than $822,000 from investors in a week as it sets out to revolutionize the industry by tokenizing Bitcoin cloud mining.
It looks like this carefully thought-through project and its innovative use case...
Social On-Chain App Stars Arena Suffers $2.9 Million Hack; Team Secures Funds to ‘Close the Gap’
8.10.2023
Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will...
Stars Arena secures funds to plug $3M exploit, set to reopen after security audit
8.10.2023
Stars Arena was hacked for roughly $3 million worth of AVAX tokens, with the hacker reportedly sending the funds to the Fixed Float crypto exchange
SEC initiates legal action against FTX's auditor
1.10.2023
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor independence
Ethereum Devs Put Forth ERC-7512 Standard to Represent Audit Reports On-Chain
21.9.2023
Ethereum (ETH) developers have introduced a new smart contract standard, ERC-7512, aimed at enhancing transparency and accessibility to smart contract audits for decentralized finance (DeFi) protocols.
The proposal was posted on the Ethereum Magicians forum by Richard Meissner, co-founder of Safe...
Regulace podle NIS2: Co dva roky čeká velké podniky audit kybernetické bezpečnosti
29.8.2023
Audit lze rozložit do více samostatných celků. Potom platí, že kompletně vše musí být prověřeno alespoň jednou za pět let
Palau’s Stablecoin Audit Process Advances
25.8.2023
Palau’s Ripple-backed stablecoin pilot audit process is advancing, with the Ministry of Finance collaborating with auditors and turning in more than 200 documents for review. Jay Hunter Anson, a Palau Ministry of Finance member, explained he was ready to show auditors that every transaction...
Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program
8.8.2023
Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...
Paypal USD: Boon for Ethereum but not decentralization, says community
8.8.2023
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC
Worldcoin releases audit reports showing resolved security issues
29.7.2023
The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated