Cryptocurrency Analysis and News Portal
The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users not to interact with the platforms while investigations are underway. Our frontend is currently compromised. Please
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Attacks on Poloniex, HTX, Heco bridge, KyberSwap, and Kronos Research earned hackers $290 million, with a week to go until November 2023 closes. As of Nov. 23, crypto hackers reportedly stole a combined $290 million from five major heists where at least $10 million was illegally ferried from each protocol. The
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Coinbase’s Institutional research team notes many bridge hacks occurred due to the complexities around source chain commit and cross-chain relay. Cyber incidents related to cross-chain bridges are likely to decrease in the foreseeable future as many protocols continue adopting rollup solutions alongside increased scrutiny on secure designs. According to Coinbase Institutional’s recent
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Crypto and Web3 projects suffered a 153% increase in attack incidents from July to September 2023 compared to the same period in 2022, according to a report from blockchain security platform Immunefi. In Q3 2022, there were a total of 30 attack incidents. But in Q3 2023, this number swelled
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Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks.Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer
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Twelve major incidents security incidents occurred this week, leading to crypto losses of roughly $6.4 million. According to web3 security firm CertiK, these losses were due to crypto hacks and phishing attacks through Discord and X (formerly known as Twitter). Social media has been recently flooded with fake airdrop messages from
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Cryptocurrency users frequently fall prey to online hacks with Mark Cuban being just the latest high-profile example how nearly a million dollars can leave your digital wallet. It is possible to substantially bolster the security of your funds by heeding three simple guidelines that will be outlined in this article. But
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Recent investigations link North Korea’s Lazarus Group to a series of crypto hacks totaling over $270 million in stolen assets across major platforms in the past 102 days. Investigations suggest the latest high-profile hacks targeting crypto entities have been perpetrated by North Korean hackers, particularly the notorious Lazarus Group, with over
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Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress.As of Sept. 14, 2023, North Korea-linked hackers have stolen a total of $340.4 million worth of cryptocurrency, down from a record $1.65 billion
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Welcome 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.In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to
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