Defi Security Financial News

11.06 / 15:45

Hack blockchain security firm Defi Security Exclusive: Regulators Are the New Force Driving Blockchain Security, Says Hacken’s Yevhenia Broshevan

Yevhenia Broshevan, co-founder of Hacken, a leading blockchain security auditor, believes regulators increasingly recognize the need to safeguard investors, users, and the integrity of the financial system.

10.06 / 13:55

Fireblocks Defi Security Exclusive: Fireblocks VP Unveils Cutting-Edge DeFi Security Suite

At Consensus 2024, Matt Zahab of Cryptonews sat down with Shahar Madar, VP of Security and Trust at Fireblocks, to discuss the company’s latest advancements in DeFi security and the groundbreaking Crypto ISAC initiative.

08.04 / 10:21

Ethereum defi privacy Web3 proof-of-work Proof-of-stake Defi Security Missing DeFi security layer found in a new company release

Blockchain tokenization experiments began in 2012 with “colored coins.” However, despite this initial release, many agree that it wasn’t until 2014 that tokenization’s full potential was achieved with the release of the scripting language that allowed complex programs and applications on Ethereum to interact with each other and with the Ethereum network. With the ability to issue custom assets without the burden of maintaining an entire blockchain infrastructure, over 600,000 token contracts were deployed on the Ethereum mainnet, initiating an up-and-coming digital token economy.

18.02 / 19:55

Adoption defi security Decentralized Exchange Decentralization Coding Defi Security DeFi security: How trustless bridges can help protect users

Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin (USDC) on the Ethereum or Solana blockchains to interact with the decentralized applications (DApps) on those networks.

06.01 / 00:31

business Blockchain Technology Defi Security DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report

According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in 2021. The incidents increased in quantity despite a steep 80% loss in the total value locked in DeFi during the year.

24.06 / 17:03

cryptocurrency Money Hacking Defi Security Crypto firm Harmony hit by $100 million heist raising more questions over DeFi security

Thieves stole around $100 million (€95 million) worth of cryptocurrency from Horizon, a blockchain bridge developed by US crypto start-up Harmony, the latest in a string of cyber heists on a sector long targeted by hackers, the company said on Friday.

23.11 / 23:07

Blockchain Ethereum defi DApp Defi Security How to enhance DeFi security

Creating a cryptocurrency from scratch isn’t easy. It requires extensive knowledge of various programming languages and knowledge of blockchain use cases, among other things. Instead of going through that effort, those newer to the crypto space wanting to build their own project tend toward tokens.

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