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A wallet security team released a real-time dashboard that lets community members detect, track and monitor potential nonfungible token (NFT) hacks using offline signatures in the OpenSea marketplace. According to the team behind crypto wallet ZenGo, they created an NFT hack detector using a simple method. This includes tracking realized NFT
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Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.According to a report from CoinGecko using data sourced from DeFiYield’s REKT Database, nearly half of the total crypto stolen in 2022 was fleeced using diverse
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Decentralized finance (DeFi) investors should buckle themselves up for another big year of exploits and attacks as new projects enter the market and hackers become more sophisticated.Executives from blockchain security and auditing firms HashEx, Beosin and Apostro were interviewed for Drofa’s An Overview of DeFi Security In 2022 report shared
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According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December
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It's been a turbulent year for the cryptocurrency industry — market prices have taken a huge dip, crypto giants have collapsed and billions have been stolen in crypto exploits and hacks.It was not even halfway through October when Chainalysis declared 2022 to be the “biggest year ever for hacking activity.”
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OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself. Original Source
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It’s been a life of hacks for Dr. Adam Back, the CEO and co-founder of Blockstream. One of the few people quoted on the Bitcoin Whitepaper, hacking highlights of Back’s life are brought to life in the latest animated Crypto Story from Cryptox’s video team. Over a game of Jenga in
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The Securities Commission of The Bahamas says the continued “hacking attempts” on FTX’s digital assets prove they made the right call to take control of the exchange’s assets on Nov. 12. In a statement on Nov. 23, the commission said the fact that FTX's "systems were compromised, and that they continue
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Users losing funds due to malicious activity is hardly unknown on Ethereum. In fact, it is the very reason researchers recently developed a proposal to introduce a type of token that is reversible in the event of a hack or other unsavory behaviors. Specifically, the suggestion would see the creation of
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Experts have criticized that data, which analyzed 27,000 tokens, saying that not every low-effort phishing or pyramid scheme has takers. Some, like Mark Zeller, vice president of the DeFi committee at L'Adan, a French digital asset industry group, said crypto users know the risks when they decide to get involved.
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