Stepn impersonators stealing users’ seed phrases, warn security experts
When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user’s dashboard. Go to Source Powered by WPeMatico
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Finance Redefined: Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more
DeFi space saw the resurgence of Andre Cronje nearly a month after his departure announcement while dYdX has pledged to go fully decentralized by the end of the year. Go to Source Powered by WPeMatico
Binance recovers $5.8M in funds connected to Ronin bridge exploit
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker. Go to Source Powered by WPeMatico
Tornado Cash says it’s using Chainalysis oracles to block access from OPAC sanctioned addresses
Many DeFi exploits in the past have been linked to the popular crypto-mixing protocol. Go to Source Powered by WPeMatico
Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections
Anyone can become the victim of a malicious NFT hack, so what more could OpenSea do to protect its users? Go to Source Powered by WPeMatico
The aftermath of Axie Infinity’s $650M Ronin Bridge hack
Since the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users. Go to Source Powered by WPeMatico
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to … Read more
Axie Infinity creator raises $150M led by Binance to reimburse stolen funds
The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making Ronin Bridge live again. Go to Source Powered by WPeMatico
Finance Redefined: Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
In this week’s DeFi newsletter, we discuss Axie Inifnity’s Ronin bridge hack, Binance’s new Bridge 2.0 launch, the rise in DeFi TVL and more. Go to Source Powered by WPeMatico
Netflix’s crypto swindler documentary draws wild community reaction
Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death. Go to Source Powered by WPeMatico