Security Financial News

08.07 / 08:03

Law regulation solana security class action Class action lawsuit claims Solana's SOL is an unregistered security

Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.

07.07 / 17:05

Crime Hack solana security Returns Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M

The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.

07.07 / 11:49

Blockchain Hackers security Liquidity Deal Returns Crema hacker returns $8M, keeps $1.6M in deal with protocol

The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed to keep $1.6 million as a white hat bounty.

06.07 / 17:15

business Technology security Bitcoin centralized exchanges Hardware crypto wallet sales increase as centralized exchanges scramble

Blockchain analysis firm Glassnode recently characterized the 2022 bear market as the worst on record. This seems to be the case due to events such as the war in Ukraine and rising inflation, coupled with serious problems among centralized crypto exchanges.

06.07 / 16:25

Hack defi security Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021

Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform Immunifi.

04.07 / 15:13

defi security Decentralization DeFi Suffers from Too Much Centralization, What Can Be Done?

"If any part of their business model incorporates centralization <...> then it is centralized no matter what other decentralized features it deploys."

30.06 / 10:53

Blockchain Law security data Leak OpenSea data breach causes massive leak of users' email addresses

OpenSea, the world’s largest nonfungible tokens (NFT) marketplace, has issued a warning to customers after it was discovered that an employee of Customer.io, a platform for managing email newsletters and campaigns, leaked the list of OpenSea customers’ emails to an outside party.

30.06 / 07:59

NFT privacy security phishing recommendations NFT Giant OpenSea Shares 5 Safety Recommendations as Users' Emails Leaked

Major NFT marketplace OpenSea warned their users that their emails have most likely been leaked and reminded them of 5 recommendations on how to protect yourself from email phishing attempts.

27.06 / 15:21

Ethereum Forecast security Bitcoin Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto

Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______

27.06 / 13:51

Investing security lending Nexo 5 Risks to Know Before Using Centralized Crypto Lending Platforms

Crypto lending has been one of the most prominent activities in crypto markets. The activity has developed over the years with several crypto lenders emerging to meet the demand for crypto loans.

27.06 / 13:27

Blockchain Ethereum Hack security ONE Keeps Trending Lower while Harmony Offers Hacker USD 1M in Bounty for Return of Funds

The team behind the layer-1 blockchain Harmony (ONE) has offered the Horizon Bridge hacker USD 1m in bounty for the return of some USD 100m in stolen funds.

27.06 / 13:27

Ethereum Hack defi security Returns 500 XCarnival Hacker Accepts ETH 1,500 Bounty and Returns Remaining ETH 1,467

The hacker of XCarnival, a lending aggregator for metaverse assets, has accepted a bounty of ETH 1,500 (USD 1.85m) in exchange for the return of the remaining ETH 1,467 (USD 1.8m) and the team not pursuing legal actions.

27.06 / 06:35

Ethereum defi Cybersecurity security Harmony offers $1M bounty, but is it big enough?

The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week.

24.06 / 14:09

Hack security open Axie Infinity's Ronin Bridge to Re-Open After Hack, Locked Funds to Be Returned

Ronin (RON), Ethereum (ETH) sidechain built specifically for the play-to-earn game Axie Infinity (AXS), will soon re-open a bridge used to transfer assets to the chain after it was halted following a major hacking incident in March this year.

24.06 / 07:21

Blockchain Hack Altcoins security ONE Drops as Harmony's Bridge Hacked for USD 100M

ONE, a native token of a cross-chain bridge provider, Harmony, becomes one of the worst performers among the top 200 coins today, as the team confirms they lost around USD 100m in a theft.

24.06 / 03:57

Crime security scam SIM Swaps, Other Crypto-related Crimes Set to Rise in South Korea, Says SK

A South Korean telecommunications giant has claimed that SIM swap-type crypto attacks are on the rise in the country – and has predicted a rise in all crypto-related crime cases in the second half of 2022.

22.06 / 19:19

business Cybersecurity security businesses Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks

Blockchain analytics firm Chainalysis has launched a reporting hotline for incidents of hackers demanding cryptocurrency payments from platforms or companies.

21.06 / 23:09

security Decentralization Proof-of-stake Staking NOT Vitalik Buterin Confirms Post-Merge Ethereum Centralization Concerns, Urges Not to 'Overly Catastrophize' It

Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system.

20.06 / 12:55

Altcoins security governance Staking Terra How Tokenomics Might Change in the Wake of the Terra Collapse

It seems that tokenomics is in crisis. Where before a superficially deflationary monetary system was enough to draw in investors, the Terra collapse and the ongoing downturn have likely had an irreversible impact on the perceptions of traders, who now may think twice before throwing their money in with a coin that claims ‘strong tokenomics.’

20.06 / 11:53

Blockchain cryptocurrency security Legal 7 In-Demand, Crypto Winter-Proof Blockchain Jobs

Numerous leading crypto companies have started to slow down hiring and are reducing staff as revenues have declined due to the slump in the crypto markets. But that doesn’t mean that there aren’t crypto jobs out there that remain in demand, especially, as multiple companies still keep hiring.

16.06 / 11:05

defi wallet security MetaMask vulnerability MetaMask, Phantom, Brave, and XDefi Wallets Patch 'Demonic Critical Vulnerability' Before an Attack

A number of prominent browser extension wallets, including Ethereum (ETH) wallet MetaMask, Solana (SOL)'s Phantom, Brave, and cross-chain wallet extension XDefi, have patched a "critical vulnerability" that could have exposed sensitive login credentials if specific conditions were met.

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