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” DeFi attacks are on the rise — Will the industry be able to stem the tide? “ The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control. According to the latest statistics, approximately $1.6 billion…
” How blockchain archives can change how we record history in wartime “ Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe”…
” Can Solana become the dominant PoS chain despite persistent outages? “ Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature, it has also encountered a few unique problems. From resource exhaustion to a halt in…
” OpenSea Discord server hacked, users warned to be vigilant of phishing scams “ Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake “Youtube partnership” announcements. A screenshot shared Friday shows fake collaboration news, accompanied by a link to a phishing site. OpenSea Support’s official Twitter account…
“Teacher says this is how she thwarted a dangerous WhatsApp scam” A TikToker has revealed her lucky escape from cunning WhatsApp scammers who pretended to be her bank – and her sweet revenge. Amanda Seimetz told followers her “cautionary true story” and how cyber thieves almost convinced her. The 26-year-old Brazilian English teacher was randomly approached…
” SEC doubles down on crypto regulation by expanding unit “ The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets. As per the announcement, the SEC’s Cyber Unit, which includes the Crypto Assets and Cyber team, will hire…
” Lack of transparency among project auditors a big problem: Hacken CEO “ Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior. Budorin believes a lack of accountability and transparency in the audits many providers…
“Hillary lawyer Sussmann won’t try to prove tie between Trump and Russia” Hillary Clinton campaign lawyer Michael Sussmann won’t try to prove the explosive claims he passed to the FBI that alleged former President Donald Trump had a secret back channel to a Russian bank, according to a court filing Monday. Sussman’s defense lawyer “stated…
” SoftBank leads $60M CertiK raise as demand for Web3 security grows “ Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months. The raise comes at a time when the blockchain community…
“How I lost $650,000 of crypto in seconds” A devastated crypto trader has revealed how he lost $650,000 (£499,000) at the hands of scammers who hacked into his iCloud account. Domenic Iacovone had a load of valuable cryptocurrencies and NFTs saved in digital wallet app MetaMask before cyber-thieves managed to bleed him dry. Writing on Twitter,…