Wednesday, December 18, 2024
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Cross-Blockchain and Multi-Blockchain Bridge Exploits Cost $2 Billion in 2022; They Could Have Been Averted

Bridge standards are sets of rules that define how different blockchain networks can communicate with each other, in this case, through a cross-chain bridge. While some of these protocols, by themselves, are at risk of exploitation, when put together they add much-needed additional layers of security. Source

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Compound crisis averted? Securing exposed COMP could be just the start

As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to. For example, it has recently been unveiled that due to a buggy system upgrade,

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