TON’s Teleport BTC bridge will be ‘highly resistant’ to private key compromises
TON Foundation marketing director Jack Booth explained that the protocol will ensure that private keys are not created or held by a single party. Go to Source
Blockchain Security
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WazirX breach post-mortem: Dismantling the $230M attack
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data. Go to Source
EU blockchain projects shifted ‘beyond the hype’ to practical applications: Report
New INATBA report reveals EU blockchain projects have transitioned from hype to practical applications, enhancing various industries and public sector efficiency. Go to Source
LiFi Protocol is under attack, $8M drained so far
LiFi Protocol faces a security breach as hackers exploit a specific contract address, leading to the loss of over $8 million in cryptocurrencies. Go to Source
AT&T should’ve stored their data on the blockchain, exec argues
Chirp founder Tim Kravchunovsky argued that with the technology available today, the AT&T breach is “inexcusable.” Go to Source
Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains. Go to Source
CoinStats exploiter moves almost $1M to Tornado Cash
CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure. Go to Source
Multichain Foundation to pay $2.1M to Fantom for losses
The High Court of Singapore ordered Multichain to compensate the Fantom Foundation after a $210 million hack, awarding $2.18 million in damages. Go to Source
PancakeBunny hacker siphons $2.9M Ether in Tornado Cash
Three years after the PancakeBunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash. Go to Source
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24. Major hacks constitute 70% of losses, with private key compromises and smart contract exploits as top attack vectors. Crypto projects are advised to adopt comprehensive … Read more
