Vulnerability Financial News

07.12 / 12:45

regulation FCA Consumer Duty vulnerability fall FCA: Investment firms fall short of Consumer Duty vulnerability and data sharing requirements

The FCA has seen evidence that some companies view vulnerability as a 'low priority', whereas other have not considered it at all.

07.12 / 06:39

Target Google Qualcomm information reports recommendations vulnerability safe Government warns Android users for THIS vulnerability: How to stay safe

Android 14. According to the government body, several vulnerabilities have been identified within the Android operating system.

06.12 / 15:55

economics Bank of England Interest rates hedge funds Alternatives private credit vulnerability Bank of England warns of private credit vulnerability in higher rates environment

The Bank of England said private credit and leveraged lending markets have roughly doubled in size in the last decade.

05.12 / 20:39

Provident coinbase cover recommendations prevention vulnerability Web3 Firm Thirdweb Finds Major Vulnerability In Smart Contracts

Web3 developer Thirdweb has disclosed a security vulnerability that has the potential to affect a range of smart contracts within the Web3 ecosystem.

23.11 / 18:59

Blockchain Ethereum ETH information reports recommendations vulnerability Vulnerability Disclosure Prompts InfStones to Rotate Validator Keys

InfStones, a crucial node operator affiliated with Lido Finance, is poised to temporarily remove its Ethereum validators from the liquid staking protocol.

21.11 / 19:06

Blockchain ETH Provident Action Discover testing vulnerability Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk

Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto.

21.11 / 15:45

Hack fantom vulnerability Fantom Awards $1.7 Million to Security Researcher for Spotting A Massive Vulnerability

The Fantom Foundation has awarded a $1.7 million bounty to a blockchain security researcher who identified a potential breach that could result in $170 million losses.

21.11 / 09:27

Blockchain Cybersecurity security vulnerability Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Blockchain security firm dWallet Labs recently disclosed a vulnerability that it claims could affect up to $1 billion worth of crypto, with assets such as Ether (ETH), Aptos (APT), BNB (BNB) and Sui (SUI) at risk.

18.11 / 15:07

Twitter Google CEO Platform President innovations shock vulnerability Founder vulnerability in technology ecosystem is worrying: Indian startup industry leaders

OpenAI cofounder and chief executive Sam Altman being ousted by the company’s board, expressed shock at the development while highlighting the continued challenges that technology firms face in defining a founder’s control over their companies. While the reasons behind the sudden removal of Altman, who has emerged as the most prominent name in the generative artificial intelligence (AGI) space, was still not clear, multiple executives ET spoke to said the development would affect the pace of evolution of AI and puts the lens on the composition of boards at tech startups, globally.

15.11 / 21:27

defi vulnerability White Hat Hackers Awarded $300K After Uncovering Critical Chainlink VRF Vulnerability

Decentralized oracle network Chainlink recently awarded white hat hackers Zach Obront and Or Cyngiser of Trust $300,000 for uncovering a critical vulnerability in its Verifiable Random Function (VRF) product. VRF allows smart contracts to access tamper-proof random values while maintaining security.

13.11 / 19:27

Blockchain security vulnerability Exploit NOT DeFi vulnerability leading to $6.7M exploit 'not detected' by auditors

Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week.

03.11 / 16:14

Blockchain Provident Twitter BLOCK Bitcoin performer bitcoin lightning vulnerability New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack

A recent revelation on the Lightning Network vulnerability known as a “replacement cycling attack” has prompted notable security researcher and developer, Antoine Riard, to step down from his role on the Lightning Network development team. The disclosure of this attack came to light through a detailed thread shared on Twitter by a developer known as mononaut, on 21st October 2023. This attack exploits a particular mechanism within the Lightning Network’s transaction process, causing potential financial loss to users engaged in a channel.

27.10 / 10:42

Blockchain Ethereum Developers Cybersecurity security vulnerability Fireblocks, UniPass Wallet tackle Ethereum ERC-4337 account abstraction vulnerability

Cryptocurrency infrastructure firm Fireblocks has identified and assisted in tackling what it describes as the first account abstraction vulnerability within the Ethereum ecosystem.

22.10 / 08:35

Waters Extreme BURST Glacier Experts country information vulnerability Centre Centre working on plan to assess vulnerability of all glacial lakes: Sources

glacial lakes in the country through ground surveys and establish a monitoring system to disseminate information about potential glacial lake outburst floods (GLOFs), according to government sources. This decision follows the devastating floods caused by the Lhonak lake outburst in Sikkim due to heavy rains earlier this month. It resulted in at least 60 fatalities and extensive damage in Mangan, Gangtok, Pakyong, and Namchi districts.

06.10 / 05:47

business Blockchain hacks Social Media avalanche Stars Arena vulnerability SocialFi app Stars Arena dispels ‘coordinated FUD' after patching ‘noob’ vulnerability

The team behind the new friend.tech-inspired protocol Stars Arena has dismissed what it called “coordinated FUD” after patching an exploit that saw attackers escape with $2,000 from the Avalanche-based decentralized social media platform.

10.09 / 08:15

UPS Digital Cooper Progressive Platform voice vulnerability G20 Declaration: 12 commitments drafted to address global challenges spanning climate change to debt vulnerability

New Delhi leaders declaration is a significant shot in the arm for India's international heft as it managed to bring nations riven with differences on a single platform. Prime Minister Narendra Modi on Saturday had announced achieving consensus on the New Delhi Leaders Summit Declaration. «Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration,» Modi said while addressing the second session of the Summit at the Bharat Mandapam. «It is my proposal that this G20 declaration be adopted,» the prime minister said.

09.09 / 02:53

COST UPS country boost vulnerability Oil on the boil: The only way to reduce vulnerability to higher prices is to boost domestic production

With global oil prices surging to $90 a barrel and expected to remain high and volatile in the future, their impact is bound to be serious for countries like India which imports 88% of its requirements. All of this is a recipe for costlier imports and build-up of inflation in the economy if global oil prices “pass-through” leads to higher domestic prices. If this indeed happens, this would straightaway translate into a 42 basis points increase in retail inflation that is currently ruling at 7.4%. But it is highly unlikely due to political compulsions to insulate the urban middle class from rising fuel prices ahead of forthcoming assembly and national elections. Recently, the government lowered the price of a gas cylinder by 18%.

29.08 / 16:03

Lowe's Progressive Action Mobile country voice Global Debt vulnerability G20 presidency: A driving force against global debt vulnerability

climate change to create a multifaceted crisis. Addressing this demands a coordinated but customized approach to debt restructuring tailored to the unique circumstances of each nation’s debt structure. At the Voice of the Global South Summit, Prime Minister Narendra Modi in January 2023 stated, “As India begins its G20 presidency this year, it is natural that our aim is to amplify the Voice of the Global South." Reflecting this aim and guided by the theme of ‘One Earth, One Family, One Future,’ managing global debt vulnerabilities was adopted as a key priority of the Indian presidency.

28.08 / 05:33

Hack defi Balancer vulnerability Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert

Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.

27.08 / 21:33

defi Hackers hacks Balancer Warning vulnerability Balancer exploited in nearly $900k after vulnerability warning

Ethereum automated market maker and decentralized finance protocol Balancer was exploited for nearly $900,000, the protocol confirmed on X (formerly Twitter) on Aug. 27, just days after disclosing a vulnerability that affected several pools.

27.08 / 08:59

UPS Lowe's ETF Manufacturing COMPOSITE show vulnerability week Gold vulnerability far from over despite last week's gains

gold closed with a gain of nearly 1.40% at $1914.60 meanwhile the total known global gold ETF holdings fell by around 0.15 million troy ounces in the week as outflows accelerated. But the highlight of the week was much-awaited Federal Reserve Chair Powell's speech at the Jackson Hole symposium on Friday. Powell didn't offer any clear clues about the possibility of a pause in the Federal Reserve's rate hike campaign as he continues to deem inflation to be quite high.

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