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Ronin Network stated that digital assets worth $12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 minutes after the first on-chain action was detected. The team also assured users that their funds were “safe and … Read more
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Go to Source
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities. Go to Source
Monoswap warned users not to deposit any new funds or open new positions at this time. Go to Source
Decentralized AI safety program leverages community-driven competitions to ensure robust and secure AI systems. Go to Source
The security incident affected 8.5 million Windows systems worldwide as commercial operations were hit with the “blue screen of death.” Go to Source
Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig wallet. Emphasizing community involvement, co-founder Nischal Shetty outlined the rewards for tracking, freezing, and ethically recovering the stolen funds. He insists that the attack was not due to phishing but involved multiple hardware wallets … Read more
The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit. Go to Source
In July 2024, over $35 million from the infamous $305 million DMM Bitcoin hack has been laundered through the online marketplace Huione Guarantee. Suspicions point to the Lazarus Group, known for sophisticated laundering techniques and off-chain indicators linked to similar cyberattacks. Tether’s Response and Laundering Path Over the weekend, Tether took action by blacklisting a … Read more
Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes, Challenges, and the Road Ahead In his reflection shared with Bitcoin.com News, … Read more
