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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. Go to Source
Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying. Go to Source
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 quarter. Phishing attacks emerged as the most costly threat, accounting for approximately $433 million in losses, while … Read more
Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds. Go to Source
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024. Go to Source
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards. Go to Source
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 security solutions tailored for the Web3 ecosystem. Hypernative Garners $16M Funding to Fortify Web3 Security With AI Solutions In a blog … Read more
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July. Go to Source
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether. Go to Source
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen. Go to Source
