Bitcoin self-custody comes to the masses with new ‘crypto ring’
Tangem’s hardware wallet is now being designed as a ring to encourage daily cryptocurrency transactions and boost the adoption of self-custody. Go to Source
Crypto Security
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Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains. Go to Source
Coinbase launches unified onchain monitoring through new wallet app
Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets. Go to Source
Compound Finance site potentially breached: ZachXBT
Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting to a phishing site. Go to Source
Consensys acquires Wallet Guard to enhance MetaMask security
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats. Go to Source
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA. Go to Source
MakerDAO delegate’s $11M in tokens stolen in phishing scam
The user fell victim to the phishing scam after signing multiple phishing signatures, which led to losing their digital assets. Go to Source
Crypto the ‘hardest thing’ in software history — Consensys CEO
Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity. Go to Source
Bitget boosts security with Sumsub’s deepfake AI detection
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards. Go to Source
Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office
Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement. Go to Source
