What are sniper bots, and how to stop token sniping exploits?
What is a sniper bot?
Read MoreKPMG Canada partners with blockchain analytics firm Chainalysis to enhance fraud detection and risk management in the rapidly evolving digital assets sector. KPMG Canada has teamed up with blockchain analytics firm Chainalysis to combat the escalating threat of fraud and criminal activities associated with cryptocurrencies. The partnership is poised to enhance KPMG’s
Read MoreThrough the partnership, KPMG will aim to provide advanced blockchain monitoring, support, governance and risk management for its clients so that firms can adhere to evolving crypto regulations and advance their anti-money laundering compliance programs, according to a statement on Wednesday. "This collaboration will help to further solidify KPMG’s expertise
Read MoreA new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked private keys. The report, released on Nov. 15, looked back at the history of crypto exploits in 2022, categorizing them into different
Read MoreTheStandard.io suffers a $264,000 theft via a PAXG liquidity pool exploit on Arbitrum. Defi stablecoin protocol TheStandard.io has been hacked for $264,000, according to reports from blockchain security analysts CertiK. The hacker allegedly conducted a low liquidity exploit of PAXG on Arbitrum. A low liquidity exploit is a type of attack where
Read MoreDecentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation promptly.According to a statement made by the project on X (formerly Twitter),
Read MoreQ1 witnessed $330 million in losses, while Q2 reported $333 million. In stark contrast, the third quarter already recorded losses of nearly $890 million. September 2023 has proven to be a grim month for the crypto market, with blockchain analytics firm CertiK revealing that it has witnessed a staggering rise in
Read MoreSeptember 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. 2, blockchain security firm CertiK said the most significant contributor to the month’s totals came from the Mixin Network attack on Sept. 23 when the Hong
Read MoreMalicious 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 total of $997 million year-to-date (YTD), according to a report shared by the blockchain security firm CertiK.In the report, CertiK highlighted that exit scams
Read MoreWelcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The DeFi ecosystem is yet to recover from the crisis brought on by the Curve Finance hack, and even though the issue seems
Read More