FATF Asks Qatar to Impose Strict Crypto Regulations
The Financial Action Task Force or FATF has been making rounds among various countries recently calling for a crackdown on crypto. The enterprise is working...
Jimbos Protocol Lost $7.5 Million in Hack Attack
Jimbos protocol has recently suffered from a massive hack attack. The media reports have covered that the protocol was targeted by hackers using an exploit....
DeFi platform FilDA suffers $700K exploit on Elastos Smart Chain and REI Network
Key Insights: PeckShield disclosed a significant exploit on the DeFi platform FilDA, resulting in a loss of around $700,000. The attackers used a bridging mechanism...
Trust Wallet Refunding Victims of the $170000 Security Exploit
The team behind the Trust Wallet has completed resolving WebAssembly (WASM) system vulnerability that affected the software attached to the main wallet. The unnoticed system...
ConsenSys Assessing Security Breaches Targeting 7000 MetaMask Users
The New-York based blockchain company has issued a report disclosing the security breaches affecting 7000 MetaMask users. The April 14 report stated that the malicious...
Security Concerns Arise in Decentralised Exchanges and MEV Ecosystem Following Exploits
PeckShield, a blockchain security analytics firm, has expressed concerns about the safety of decentralised exchanges (DEXs) in the wake of an incident involving sandwich-focused MEV...
Euler Finance Hack: Hacker Returns Stolen Crypto, Security Challenges Persist
In March 2023, 26 cases of abuse in the DeFi sector produced significant losses totaling $211.5M, shocking investors. The largest of these breaches was the...
SafeMoon’s Liquidity Pool Compromised, Security Firm Blames Public Burn Bug
DeFi protocol SafeMoon announced on Tuesday that its liquidity pool had been compromised. The company, however, assured its community that it was working to solve...
Young Investor Defrauds $29M in Crypto, Endures Torturous Ransom Ordeal
A frightening report claims that a 20-year-old cryptocurrency investor accused of scamming investors out of $29 million was abducted, tortured, and kept prisoner for a...
Crypto Scams and Exploits Down 70% in the First Quarter of the Year, Over $370M Lost So far
According to data from Rekt Database, the crypto industry lost more than $370 million to exploits and scams in the first quarter of this year....