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The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens — its latest moves following the Sept. 4 exploit, according to blockchain security firm CertiK.The most recent transfer involved 300 BNB tokens worth about $61,500 to an externally
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Artificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive from blockchain security firm CertiK.Kang Li, CertiK’s chief security officer, explained to Cryptox at Korean Blockchain Week on Sept. 5 that ChatGPT
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The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb. According to security platform CertiK, the vulnerability in the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK’s Q2 2023 Web3 Security report highlights a decline in volume lost to malicious actors in the blockchain ecosystem, significant off-chain events, and vulnerabilities in major protocols and applications. Bad actors still targeting web3 projects The recently
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Despite the crypto bear market, the Web3 ecosystem continues to grow. True to the notion that “bear markets are good for builders,” developers continue to flock into the Web3 space — the blockchain-based universe governed by smart contracts. Reports from early 2023 show that the number of monthly active Web3
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“Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable,” CertiK said in a
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Blockchain security firm CertiK has received a bounty of $500,000 from the Sui network after flagging a threat that had the potential to disrupt Sui's entire layer-1 blockchain.In an announcement sent to Cryptox, the CertiK team highlighted that the vulnerability dubbed "HamsterWheel" was different from traditional attacks which focus on
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Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto projects and investors in the month. On April 30, crypto security and auditing firm CertiK posted an April roundup of crypto exploits, scams, and hacks, revealing
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A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday. Original Source
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Blockchain security firm CertiK is launching a compensation plan with Ethereum layer-2 scaling platform zkSync Era to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE tokens.In a statement to Cointelegraph on April 26, CertiK reiterated it is investigating the exit scam and has also
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