Crypto exploit losses in January see nearly 93% year-on-year decline
Around $8.8 million was lost to crypto exploits in January, a massive decline from the figures this time last year. Go to Source Powered by WPeMatico
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Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm. Go to Source Powered by WPeMatico
Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 … Read more
Metaverse exploitation and abuse to rise in 2023: Kaspersky
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Go to Source Powered by WPeMatico
Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021
Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned. Go to Source Powered by WPeMatico
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their own research and verify that the decentralized finance platforms chosen were audited by … Read more
FBI issues alert over cybercriminal exploits targeting DeFi
Smart contracts governing DeFi platforms identified as a particular cause for concern for the enforcement agency. Go to Source Powered by WPeMatico
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug … Read more
CipherTrace expands to cover Binance Smart Chain amid wave of exploits
Binance beefs up blockchain analytics amid a surge in DeFi exploits. Go to Source Powered by WPeMatico
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. Go to Source Powered by WPeMatico
