Security Financial News

12.05 / 17:47

Blockchain security Funding data Chainalysis announces $170M funding round, platform now valued at $8.6 billion

Chainalysis, a blockchain analytics provider, has announced its $170 million Series F funding round. The fresh funding succeeded its $100 million raise back in June 2021 and more than doubly exceeded its valuation of $4.2 billion at the same time.

11.05 / 11:17

regulation SEC coinbase security NOT New Coinbase Disclosure Reminds Bitcoin & Crypto Owners: 'Not your Keys, Not your Coins'

Major crypto exchange Coinbase has issued a new disclosure regarding the legal claims of retail users in the event of a bankruptcy event.

10.05 / 16:17

Blockchain defi Cybersecurity security Can Solana become the dominant PoS chain despite persistent outages?

Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature. However, it has also encountered a few unique problems.

09.05 / 13:11

Blockchain Adoption security Indian Indian central securities depository to back up its monitoring of bonds by blockchain

The National Securities Depository (NSDL), India's central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform.

09.05 / 10:55

Ethereum Stablecoin Hack security Fortress DeFi Lending Protocol Fortress Loses All Funds in Oracle Price Manipulation Attack

Fortress, decentralized finance (DeFi) lending protocol with an algorithmic money market and a synthetic stablecoin, has suffered an oracle price manipulation attack that resulted in the loss of all of its funds.

06.05 / 23:41

Blockchain Ethereum security Sky Mavis Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack

The United States Treasury Department Office of Foreign Assets Control (OFAC) announced Friday that it was sanctioning cryptocurrency mixer Blender.io for its role in laundering proceeds from the hacking of Axie Infinity's Ronin Bridge. North Korean state-sponsored hackers Lazarus Group have been identified as the perpetrators of the attack.

06.05 / 15:25

Blockchain Ethereum Cybersecurity security Phishing scams OpenSea Discord server hacked, users warned to be vigilant of phishing scams

Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake "Youtube partnership" announcements.

04.05 / 16:11

Blockchain hacks Polkadot security Cross-Chain Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem

Blockchain platform Polkadot has launched a new cross-chain communications protocol, saying it will do away with cumbersome bridging mechanisms that have cost the crypto industry billions in cyber attacks.

03.05 / 04:55

Hackers security Scams Loans More than $1.6 billion exploited from DeFi so far in 2022

The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined.

02.05 / 18:37

cryptocurrency Crime security Norwegian Police Warn Crypto Owners After Armed Robbery in Sweden

Police in Norway have issued a warning to crypto owners, saying they should take measures to ensure their own security with things like multi-signature (multisig) solutions and alarm systems. The warning comes after a couple in Sweden in late April were assaulted and forced to hand over crypto worth a “significant” amount of money.

02.05 / 15:45

Blockchain MARKET solana security Another Solana Outage Shows That Price Impact Is Minor

After at least 9 days with reported outages so far in 2022, the price of solana (SOL), the 7th largest cryptoasset by market capitalization, does not appear overly affected by the network troubles, with prices for the most part staying rangebound between USD 80 and USD 120 since late January.

28.04 / 15:45

Ethereum Hack security Gaming Sky Mavis Redesigned Axie Infinity's Ronin Bridge Delayed till Late May

The Ronin bridge is being redesigned after a major hack last month, with the opening of the new bridge delayed till late May. The delay is necessary since the bridge will be built to secure “billions of dollars in assets,” a new update from the team behind the bridge has said.

28.04 / 11:43

Ethereum Stablecoin security USDC Deus DAO Exploited Again, Loses Reported USD 13M+ in Flashloan Attack

Another day, another exploit. Deus Finance DAO seems to have lost at least USD 13m in its own latest flashloan attack.

22.04 / 16:11

business Cybersecurity security Funding SoftBank leads $60M CertiK raise as demand for Web3 security grows

Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months.

22.04 / 16:11

Blockchain Technology security Bitcoin Quantum computing to run economic models on crypto adoption

By many accounts, quantum computing (QC), which uses atomic “spin” instead of an electrical charge to represent its binary 1’s and 0’s, is evolving at an exponential rate. If QC is ever realized at scale, it could be a boon for human society, helping to improve crop yields, design better medicines and engineer safer airplanes, among other benefits.

22.04 / 04:55

defi Hackers hacks security Exploit Hacker bungles DeFi exploit: Leaves stolen $1M in contract set to self destruct

In a rare comedic bungle among DeFi exploits, an attacker has fumbled their heist at the finish line leaving behind over $1 million in stolen crypto.

20.04 / 16:41

security Exchange services Crypto Exchange Currency.com Attacked After Halting Services in Russia

Currency.com, a Belarus-based online crypto trading platform, said it became a target of a failed cyber-attack on the day the exchange announced it was halting services for residents of Russia.

20.04 / 11:09

business Blockchain Stablecoin security Deal Exploit Beanstalk Farms offers plea deal to perpetrators of $76M exploit

Beanstalk Farms, a credit-based stablecoin protocol exploited for around $76 million in crypto on April 18, has offered a bounty of 10% if the attackers return the funds.

18.04 / 14:25

Ethereum security Apple MetaMask Lost Phishing attacks Warning MetaMask Issues Warning About Phishing Attacks Via iCloud After a User Lost USD 650K

Popular software crypto wallet MetaMask has issued a warning about possible phishing attacks through Apple’s cloud service iCloud. The warning comes after scammers managed to steal USD 650,000 worth of crypto using this attack vector.

18.04 / 07:47

defi security Exploit Beanstalk Farms loses $182M in DeFi governance exploit

Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack.

15.04 / 11:11

Hack security Gaming lazarus North Korea’s Lazarus Group Behind Axie Infinity's Ronin Hack, Say US Treasury, FBI

The United States Treasury Department has sanctioned an ethereum (ETH) address that it says received coins stolen in the Ronin Bridge hack – and the FBI has claimed that the North Korean Lazarus group of hackers was behind the security breach.

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