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Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend. Go to Source Powered by WPeMatico
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s) it was willing to negotiate a “bounty payment in exchange for … Read more
The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it. Go to Source Powered by WPeMatico
The BNB Chain team released its official statement on Oct. 7 regarding the hack and stolen funds, and a second statement on Oct. 11 on network decentralization. Go to Source Powered by WPeMatico
Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested. Go to Source Powered by WPeMatico
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network. Go to Source Powered by WPeMatico
After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. Go to Source Powered by WPeMatico
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool for interacting with the wallet that, depending on … Read more
Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. Go to Source Powered by WPeMatico
Cryptocurrency’s hash rate measures a blockchain network’s processing power to process transactions. Go to Source Powered by WPeMatico