Halborn COO Claims that DeFi Hacks Usually Amount to Poor Security
David Schwed, Halborn COO, focuses on unnoticed central chokepoints in ‘decentralized’ Web3 initiatives. The tech sector has focused on artificial intelligence (AI), and cybersecurity experts...
Kraken User Lost $4.5 Million in a Phishing Scam
Phishing scams are often backed by 24/7 customer service chat support. These types of scams can give unsuspecting consumers false and misleading information. Such an...
Kenyan MPs Claim that Worldcoin Can Damage Economy and Increase Frauds
The National Computer Cybercrimes Coordinating Committee (NC4) is the government operated cyber security and fintech monitoring organization in Kenya. The organization has issued an alarming...
Fireblocks Harbor Significant Susceptibility Impacting Crypto Wallets
According to Fireblocks, the rectification of susceptibilities impacting Binance, Coinbase, and Zengo has occurred. Further, more than 12 others at risk have been contacted. Fireblocks,...
US Senators Urge Biden Administration to Address North Korea’s Use of Cryptocurrencies
Senator Elizabeth Warren has recently gathered a group of like-minded legislators to petition for crypto-related sanctions. The Senator has directed the attention of the White...
DeFi Projects Suffer $24 Million Loss Following Curve Pool Exploit
An issue with Vyper, an optional programming language for smart contracts, seems to be the root cause of the exploits. Curve Pool Suffer Huge Losses...
Ethereum worth $3 million Lost Following Conic Finance Protocol Exploit
The new DeFi protocol that went live in March has incurred a more than 1700 Ethereum loss. Conic Finance, a decentralized finance (DeFi) protocol, has...
US Justice Department to Double its Crypto Staff to Combat Crypto-Related Crimes
Department of Justice (DOJ) has decided to join forces with the SEC in their pushback against the cryptocurrency market. Senior Justice Official Nicole Argentieri has...
Multichain Terminates Operations Citing CEO and Sister Detention by Chinese Police
Multichain bridge protocol confirmed halting operations, citing insufficient funds to run. The announcement conveyed on Friday, July 14, via the Multichain (MULTI) official Twitter account...
On-chain Investigation Reveals Atomic Wallet Lost $35 Million
Atomic Wallet statement confirms engaging in-house and external security personnel to unearth the basis and channel of the attack. Preliminary reports on the exploit show...