Mudit Gupta News

27.08 / 19:49

Target security community social information reports Features Polygon Recovers Discord Server After $145K Hack, Preps for POL Token Launch

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

17.07 / 14:09

Blockchain Hackers hacks Cybersecurity security Lost Lost keys have already cost billions of dollars, many more at risk — Polygon exec

While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2 scaling solution Polygon.

16.05 / 18:27

business Blockchain Hardware Wallet Hardware Digital Asset Ledger recovery Crypto community reacts to Ledger wallet's secret recovery phrase service

Several crypto community members, including Ledger wallet owners, have taken to social media to express their discontent following the release of Ledger's latest feature. The newly introduced retrieval solution for itshardware crypto wallets, known as Ledger Recover, aims to offer a safeguard in case users misplace their seed phrase.

24.12 / 00:33

Blockchain defi Chain Bridge attacks will still pose a major challenge for DeFi in 2023: Security experts

Security has been a critical challenge for decentralized finance (DeFi) and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token Terminal data shows. Compared to other security breaches, this is a substantial amount.

13.09 / 05:41

UPS Ethereum ETH Digital Merge 'jitters' sees outflow from Ether-based investment products

Institutional investors may be wavering ahead of the Ethereum Merge, with digital asset investment products seeing an outflow of $61.6 million of Ether (ETH), signaling concerns about the success of the upgrade.

09.09 / 02:15

business Blockchain Adoption Cybersecurity Polygon CSO blames Web2 security gaps for recent spate of hacks

Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography are not enough.

12.05 / 02:33

Digital SEC USDT Platform Mark Warner Gensler attacks USDT, USDC, BUSD while Do Kwon takes his ‘razor focus to deliver’

The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently going through a rough patch. Headlining the dip was Terra labs, which saw its stablecoin take a massive blow of a 90% drop.

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