LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
LayerZero is the protocol used by Stargate bridge, which has over $382 million locked in its smart contracts. Go to Source Powered by WPeMatico
Cybersecurity
Auto Added by WPeMatico
Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions
Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity experts told the Russian press. Supply of Crypto Exchange Accounts for Russian Users Doubles in a Year … Read more
Darknet Market Solaris Hacked by Competitor, Elliptic Reveals
A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris Allegedly Taken Over by Darknet … Read more
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes that to a large extent the trend can be attributed to more of the targeted organizations refusing to pay the perpetrators. Chainalysis Registers Significant Decline in … Read more
Solana Foundation warns about security incident with Mailchimp
According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. Go to Source Powered by WPeMatico
App-specific blockchains remain a promising solution for scalability
Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions. Go to Source Powered by WPeMatico
How to keep your crypto safe in 2023: a few tips from an analyst
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps. Go to Source Powered by WPeMatico
DeFi-type projects received the highest number of attacks in 2022: Report
A new Web3 security report from Beosin revealed that of the 167 major security exploits DeFi projects saw the most, at 113 attacks. Go to Source Powered by WPeMatico
Balancer warns some LPs to remove liquidity ASAP because of a ‘related issue’
The team did not disclose what the issue is, but stated that it “cannot be mitigated by the emergency DAO.” Go to Source Powered by WPeMatico
BitKeep exploiter used phishing sites to lure in users: Report
The attacker appears to be attempting to cash out funds using Binance and Changenow. Go to Source Powered by WPeMatico