Tag: Exploits
Crypto Now Has a ‘Neighborhood Watch’ to Guard Against Hacks
The unveiling of Crypto ISAC, which has been several years in the making, is something of a badge of honor, as it joins the crypto industry with many [...]
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
There’s a reason, after all, that bounty hunters in movies are so often morally ambiguous “gray hats” – think of Boba Fett, Clint Eastwood’s "Man With [...]
Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK
OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, with deve [...]
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain [...]
Crypto Scams Netted $2B in 2023, Roughly Half Last Year’s Figure: De.Fi
The reduction, largely attributed to the implementation of improved security protocols, increased awareness within the community and the overall decre [...]
Code Is Not (Always) Law
Key to this egalitarian standard has been the idea that the code is the code, and that is what matters most. Judges, regulators and politicians may tr [...]
What are sniper bots, and how to stop token sniping exploits?
What is a sniper bot? Sniper bots are automated software programmed for specific actions at predete [...]
KPMG Canada Teams Up With Chainalysis to Fight Crypto Frauds and Exploits
Through the partnership, KPMG will aim to provide advanced blockchain monitoring, support, governance and risk management for its clients so that firm [...]
46% of crypto lost from exploits is due to traditional Web2 flaws
A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues [...]
Poloniex Hot Wallets Hacked, $65M Seemingly Stolen: On-Chain Data
"We are currently investigating the Poloniex hack incident," Sun tweeted. "Poloniex maintains a healthy financial position and will fully reimburse th [...]
SafeMoon addresses recent exploits amid SEC charges
Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations [...]
Trader exploits Multichain opening to turn $280k to $1.9M; community suspects insider job
A wallet address turned nearly 1.9 million FTM worth $280,000 to $1.9 million within hours of exploiting the long-frozen Multichain Bridge opening mom [...]
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security [...]
September becomes the biggest month for crypto exploits in 2023: CertiK
September has officially become the worst month in 2023 (so far) for crypto-related exploits — with a whopping $329.8 million in crypto stolen.On Oct. [...]
Exploits, hacks and scams stole almost $1B in 2023: Report
Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a t [...]