Ethereum 2.0: Less is more… and more is coming
Ethereum 2.0 is no longer about just the potential to bring Ethereum to a much more diverse audience than ever before. Go to Source Powered by WPeMatico
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Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the … Read more
Smart contract standards: Making DeFi transactions on Ethereum more secure
A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects. Go to Source Powered by WPeMatico
Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targets Global Expansion
Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led by Paradigm, with participation from Fireblocks’ … Read more
Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million
A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash loan attack. Value Defi, a yield aggregating protocol, boasted of having the “highest security” in a Nov. 13 tweet that now appears to have been deleted. The protocol claimed that its … Read more
Jay Clayton will step down as US SEC chair by year’s end
The chairman of the Securities and Exchange Commission is set to move on after three-and-a-half years in the role. Go to Source Powered by WPeMatico
CertiK deploys automated smart contract auditing tool
An automated tool can help pick the low-hanging fruit vulnerabilities. Go to Source Powered by WPeMatico
Sharktron Defi Project Devs Exit Scam: Tron Foundation Says Part of Missing Funds Now Frozen
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. The exit scam comes a few weeks after … Read more
Blockchain could become a part of the US military’s strategic weaponry
SIMBA Chain beat competitors such as Boeing by using blockchain to underpin a war games solution for the U.S. Department of Defense. Go to Source Powered by WPeMatico
Most DEXs are unsafe, alleges new report
Only two decentralized exchanges on the list received high cybersecurity scores. Go to Source Powered by WPeMatico