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Cyvers launches institutional crypto security tool for $4B vulnerability

[Nov 20 10:51 AM] Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.

Curve Finance scam app resurfaces amid fake crypto app surge

[Nov 7 2:12 PM] Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying.

Certik Web3 Security Quarterly Report: $688 Million Lost in Q2 2024, Totaling Over $1.19 Billion in H1 2024

[Nov 4 11:30 AM] The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous…

Hacker behind $2M crypto heist receives job offer from victim protocol

[Sep 27 11:13 AM] Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

AI deepfake attacks will extend beyond videos and audio — Security firms

[Sep 10 8:24 AM] AI-powered deepfake scams targeting crypto wallets are rising, with experts warning of evolving threats and urging users to protect their digital assets.

Hedera, IOHK join DeRec Alliance as final founding members

[Sep 5 1:00 PM] Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.

Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security

[Sep 3 7:55 PM] Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven…

Inferno Drainer usage triples as crypto scams soar in 2024

[Aug 29 7:51 AM] According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

Indian crypto exchange falls victim to $235M hack

[Jul 18 2:09 AM] WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether.

Dough Finance loses $1.8M in flash loan attack

[Jul 12 3:51 AM] The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.

Consensys Acquires Wallet Guard to Enhance Metamask Security

[Jul 3 10:28 AM] Consensys has announced its acquisition of Wallet Guard, a browser extension focused on protecting digital assets from theft and fraud. This move aims to integrate Wallet Guard’s security features into Metamask. Metamask to Boost Security Following…

Crypto losses reach $1.19B in H1 2024: CertiK calls for better security

[Jul 3 7:00 AM] The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.

Investor shares story of falling victim to $100K crypto hack

[Jun 28 6:24 AM] “I thought that my heart would stop,” said Matthias Mende, who told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.

Coinbase is the most impersonated crypto brand by scammers: Report

[Jun 24 6:24 AM] Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.

1inch partners with Blockaid to combat DeFi fraud and cyber threats

[Jun 20 8:00 AM] Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch.

zkSync token launches amid network load, RPC issues

[Jun 17 8:08 AM] ZK’s token launch on multiple exchanges sees price fluctuations, while zkSync manages network strain and scam threats.

XLink onboards Fireblocks, Ancilia to prevent another $10M hack

[Jun 17 7:00 AM] The partnerships provide MPC technology, significantly improving security measures compared to traditional multisig solutions or single private keys.

Ledger finally ships Stax hardware wallet after months of delays

[May 27 10:45 PM] Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.”

$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

[May 15 1:36 AM] Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing.

Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector

[Mar 7 5:00 PM] In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s…