Security Financial News

16.06 / 00:09

business Blockchain Adoption security vulnerability MetaMask warns of security vulnerability from older versions of popular crypto wallet

On Wednesday, MetaMask said that it uncovered a critical security vulnerability in older versions of its crypto wallet with the help of security researchers at Halborn. The security firm was awarded a bounty of $50,000 for the discovery.

14.06 / 17:53

Blockchain security Hardware Bitcoin What happens if you lose or break your hardware crypto wallet?

Hardware cryptocurrency wallets are known for granting users full control of their crypto and providing more security, but such wallets are prone to risks such as theft, destruction or loss.

14.06 / 16:41

Blockchain Cybersecurity security Scams Features OpenSea announces new security features to protect users from NFT scams

One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs).

13.06 / 17:29

privacy security Legal Bitcoin Governments May Have Had Some Successes, but Seizing Bitcoin and Crypto Is Still Very Hard

It may have strong competition, but one of the most disturbing things to happen to crypto in 2022 was the Ontario Superior Court of Justice issuing a Mareva injunction. Set against the backdrop of demonstrations and blockades that “paralyzed” Ottawa early this year, this injunction permitted the seizure of cryptoassets belonging to protestors, who had been receiving financial support in the form of bitcoin (BTC) and other cryptoassets.

13.06 / 11:31

Blockchain security Lightning Network Bitcoin Time Bitcoin hash rate marks all-time high as BTC price drops below $25K

Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark.

09.06 / 21:15

Blockchain Investments privacy security Crypto privacy is in greater jeopardy than ever before — here's why

Despite the latest technology, the world has yet to crack the code for privacy and security online. But that isn't the only big problem we need to worry about.

08.06 / 13:39

Hack defi DEX security Osmosis DEX Hacked for USD 5M, Team Denies Liquidity Pools Being 'Completely Drained'

Osmosis, a proof-of-stake (PoS) blockchain with a decentralized exchange (DEX) application within the Cosmos (ATOM) ecosystem, has been exploited to the tune of some USD 5m.

08.06 / 11:43

Technology security European Union Low Like NATO, the EU has a mutual defence clause but trust appears low

Just like NATO, the European Union has its own mutual defence clause.

07.06 / 20:31

Blockchain Ethereum defi security BUG Bug Bounty Aurora pays $6M bug bounty to ethical security hacker through Immunefi

On Tuesday, Ethereum (ETH) bridging and scaling solution Aurora announced it had paid out a $6 million bounty to ethical security hacker pwning.eth, who discovered a critical vulnerability in the Aurora Engine. The exploit allegedly placed over $200 million worth of capital at risk. The sum was paid in collaboration with Immunefi, a leading platform for Web 3.0 bug bounties, with $145+ million bounties available and $45+ million bounties paid out.

06.06 / 20:29

Blockchain defi security Scams CertiK shares security tips following third BAYC security compromise in six months

On June 4th, popular nonfungible tokens, or NFTs, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether ($250,000) worth of NFTs was stolen after hackers gained access to the Discord account of a BAYC community manager and posted a message with a link to a fake website.

06.06 / 11:23

NFT Hack security Non-fungible tokens Exploit The Blame Game Begins as Bored Apes Co-Founder Criticized for Blaming Discord Following Another NFT Exploit

A co-founder of the popular Bored Ape Yacht Club (BAYC) NFT collection faced a backlash for blaming the Discord messaging platform after ETH 200 (USD 378,000) worth of digital assets were snatched in an exploit.

31.05 / 11:37

Hack defi security Terra Exploit Terra’s Mirror Protocol Survival in Question as Exploit Continues and Devs are 'Completely MIA'

Decentralized finance (DeFi) project Mirror Protocol has been reportedly suffering an ongoing exploit over the past couple of days that allowed bad actors to drain four synthetic asset pools from the protocol, with the potential to drain funds from all other pools in the coming days.

30.05 / 17:53

Blockchain defi Altcoins security Struggling On-Chain Governance Experiment Tests Itself With New Experiments

Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder than most sub-sectors of crypto.

27.05 / 18:39

Blockchain Ethereum cryptocurrency security Crypto Should Move Away from Relying on ‘Endless Growth’, Vitalik Buterin Argues

In order to ensure safety, crypto projects should move away from an attitude of relying on “endless growth,” despite the arguments that the fiat world works in the exact same way, Ethereum (ETH) co-founder Vitalik Buterin has stated.

24.05 / 16:55

Blockchain security Cryptocurrency gateway Gate.io shares historical rise to success

There is no shortage of cryptocurrency exchanges on the market today. Although the choice is a good thing, for many investors, the decision can be debilitating. After all, while a good platform can be the key to building your investment portfolio, the adverse may also be true, that a poorly set up exchange may cost a user both in opportunities lost and more directly in scams. For this reason, one of the greatest tells of a good exchange becomes their reputation.

23.05 / 19:25

Ethereum security proof-of-work Energy network stake The Compromises and Benefits of Ethereum Switching to a Proof-of-Stake Network

Max Shannon, Digital Asset Analyst at major European digital asset investment firm CoinShares.

23.05 / 13:29

business Ripple XRP security WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.

19.05 / 13:21

Blockchain defi Cybersecurity security ING DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

Blockchain analytics firm Chainalysis has released a new tool to track transactions across Decentralized Finance protocols and multiple blockchains.

19.05 / 03:07

Ethereum regulation coinbase security Coinbase Bets On 'Enterprise-Grade' Liquid Staking Business

Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).

18.05 / 10:19

NFT Hack security Gaming phishing attack fall Axie Infinity, NFT and Other Projects Fall Victims of a Phishing Attack

Messaging platform Discord servers of multiple large NFT collections and crypto projects, including play-to-earn game Axie Infinity, have been compromised, with attackers publishing phishing links that appear to be NFT mints.

13.05 / 05:51

Blockchain security Opinion London How to protect yourself from the recent spate of 'crypto muggings'

There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges.

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