DeFi attacks are on the rise — Will the industry be able to stem the tide?
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating. Go to Source Powered by WPeMatico
Cybersecurity
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How blockchain archives can change how we record history in wartime
We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream. Go to Source Powered by WPeMatico
Can Solana become the dominant PoS chain despite persistent outages?
The Solana network seems to be battling persistent outages while seeking to address the industry’s trilemma. Go to Source Powered by WPeMatico
OpenSea Discord server hacked, users warned to be vigilant of phishing scams
The hacker’s initial post, which was published in the announcements channel, claimed that OpenSea had “partnered with YouTube to bring their community into the NFT Space.” Go to Source Powered by WPeMatico
SEC doubles down on crypto regulation by expanding unit
The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff. Go to Source Powered by WPeMatico
SoftBank leads $60M CertiK raise as demand for Web3 security grows
Web3 is generating a lot of opportunities for blockchain-native businesses, but it’s also creating serious security vulnerabilities. Go to Source Powered by WPeMatico
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to … Read more
DeFiance Capital founder loses $1.6M in hot wallet hack
The hackers took on one of the biggest names in DeFi, but may have bitten off more than they could chew as “Arthur_0x” warned, “you messed with the wrong person.” Go to Source Powered by WPeMatico
US lawmakers discuss crypto’s role in sanctions, national security, and humanitarian aid
“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier. Go to Source Powered by WPeMatico
Aussie advisory committee lists key factors for easing crypto adoption
The federal advisory suggests exploring four key areas to support a safer adoption for crypto in Australia and dampen cybersecurity threats. Go to Source Powered by WPeMatico
