What are address poisoning attacks in crypto and how to avoid them?

Admin1 year ago01 mins

Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses. Address poisoning involves sending small transactions from wallet addresses that closely resemble a legitimate one, tricking users into copying the wrong address when making future transactions. Common techniques include phishing, fake QR codes, Sybil attacks, smart contract manipulation, and clipboard malware. Address poisoning has led…

DeFi security and compliance must be improved to attract institutions

Admin1 year ago01 mins

Institutional investors are eyeing DeFi, but security and compliance must improve to build trust and attract big players. Opinion by: Sergej Kunz, co-founder of 1inch Institutional players have been closely watching decentralized finance’s growth. Creating secure and compliant DeFi platforms is the only solution to build trust and attract more institutions. Over the past four…

#Yearn.finance pleads arb traders to return funds after .4M multisig mishap

#Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap

Admin2 years ago02 mins

A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted. <p>Decentralized finance protocol Yearn.finance is hoping arbitrage traders will return $1.4 million in funds after a multisignature scripting error, resulting in a large amount of the protocol’s treasury being drained. “A faulty…

# Vitalik Buterin declares he is not staking all of his ETH, merely a ‘small portion’

Admin3 years ago01 mins

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# Blockstream dreams up a whole new type of multisig called ROAST

Admin4 years ago06 mins

” Blockstream dreams up a whole new type of multisig called ROAST “ The research unit of Bitcoin (BTC)-focused blockchain tech firm Blockstream has published a proposal for a new type of multisig standard called Robust Asynchronous Schnorr Threshold Signatures (ROAST). It hopes to avoid the problem of transaction failures due to absent or even…

# Gnosis receives .3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply

# Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply

Admin5 years ago04 mins

“# Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply ” Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday — worth over $1.7 billion at the time of the transaction. Although…