[Jan 29 11:00 AM] The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they…
[Jan 29 7:00 AM] Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltrates computers via…
[Jan 26 2:00 PM] Trezor has confirmed a series of deceptive phishing emails targeting its users, coming just days after a security breach at their support portal. The company has issued an urgent security alert, advising users to be extra cautious. Trezor Alerts…
[Jan 26 3:00 AM] Brink’s, the company famous for its armored cash trucks, has invested in Bitgo. This partnership paves the way for Brink’s and Bitgo to rapidly evolve in the digital asset industry. Brink’s Dives Deeper Into Digital Assets With…
[Jan 23 9:30 PM] The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized party…
[Jan 23 4:30 AM] In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with…
[Jan 22 4:00 PM] In a recent security alert, Trezor announced a breach in its support ticketing system, potentially exposing the personal contact information of over 66,000 customers and raising the alarm for possible phishing attacks. Trezor Alerts Users to…
[Jan 20 1:00 AM] Chainalysis’ latest report reveals a dual trend in the 2023 crypto crime landscape: a notable decrease in overall value of criminal transactions and a surprising shift from bitcoin to stablecoins as the preferred medium for illicit…
[Jan 17 8:30 PM] Following a serious exploit in the Socket protocol that drained $3.3 million, the company has halted specific operations and urged users to revoke all approvals as a precautionary measure. Socket Responds to $3.3 Million Security Breach With Swift…
[Jan 16 8:30 AM] Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed…
[Jan 15 2:30 PM] A federal court in the U.S. has accepted the validity of using information contained in a Bitcoin transaction to notify a defendant about a civil action. The case, believed to be the first where this method is accepted, might help solve hundreds of…
[Jan 10 6:30 AM] North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year are traced to the…
[Jan 9 4:00 PM] The Lazarus Group, one of the most infamous cryptocurrency hacking collectives, has made one of its largest cryptocurrency withdrawals in over a month. According to Arkham, an on-chain intelligence exchange system, the group withdrew a million…
[Jan 6 12:30 AM] On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits…
[Jan 4 3:30 AM] Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5…
[Dec 29, 2023 6:30 AM] Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion…
[Dec 19, 2023 2:36 AM] OpenAI said its new “Preparedness Framework” aims to help protect against “catastrophic risks” when developing high-level AI systems.
[Dec 16, 2023 4:00 PM] In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not…
[Dec 15, 2023 9:30 AM] On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security…
[Dec 10, 2023 2:59 AM] Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders.
[Dec 5, 2023 1:13 AM] A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.
[Dec 4, 2023 3:00 AM] Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34…
[Nov 30, 2023 7:39 AM] Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. Securities and Exchange Commission (SEC).
[Nov 28, 2023 12:45 AM] Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.
[Nov 24, 2023 11:30 PM] Kyber Network said on Nov. 22 that Kyberswap Elastic “experienced a security incident” in which crypto assets worth more than $45 million were stolen. Kyber Network said it was investigating the incident and urged all “users to…
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