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
web3 security
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1inch partners with Blockaid to combat DeFi fraud and cyber threats
Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch. Go to Source
zkSync token launches amid network load, RPC issues
ZK’s token launch on multiple exchanges sees price fluctuations, while zkSync manages network strain and scam threats. Go to Source
Ledger finally ships Stax hardware wallet after months of delays
Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.” Go to Source
$20M exploit cripples Sonne Finance, hacker in no mood for negotiation
Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC. Efforts to recover the funds are ongoing. Go to Source
Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving the way for broader Web3 industry collaborations with heavily-regulated companies worldwide. Transak … Read more
Moola Market attacker returns most of $9M looted for $500K bounty
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol. Go to Source Powered by WPeMatico
