CertiK migrates blockchain applications to Alibaba Cloud
CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia. Go to Source
Blockchain Security
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Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend. Go to Source
Binance enforces stricter measures against account misuse
The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases. Go to Source
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory standards. Transak and Privado ID Team Up to Simplify KYC According to the … Read more
TON ecosystem flooded with phishing attacks, SlowMist warns
The founder of SlowMist has warned that the Telegram messenger ecosystem is “too free” for exploiters of the TON ecosystem. Go to Source
1inch partners with Blockaid to combat DeFi fraud and cyber threats
Blockaid CEO Ido Ben-Natan told Cointelegraph that the product allows developers to integrate the solution through an API, avoiding the need to develop security measures from scratch. Go to Source
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts. Go to Source
Sky Mavis recovers $5.7M from Ronin Bridge hack
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury. Go to Source
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon Labs Targets Zero-Knowledge Tech Leadership With Toposware Buy On Tuesday, Polygon stated in a blog post … Read more
Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins. Go to Source
