Cryptocurrency Analysis and News Portal
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.A week packed with positive advancements in the DeFi space including nine-figure fund raises, successful product launches and soaring token prices was somewhat tarnished by the news of two severe security exploits. Read on to get the full scope of developments
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Crypto hacks and scams are nothing new in the crypto space, but every time they happen, they still come as a shock to investors. Most especially the victims of these attacks. Bull markets always seem to come with an increased number of attacks. So with a bull market that has
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The rise of decentralized finance, or DeFi, could be paving the way toward a fully decentralized financial ecosystem. Yet, given the innovative nature of DeFi, the sector remains in constant development and is therefore prone to a number of vulnerabilities. Unsurprisingly, one of the biggest challenges currently facing the DeFi sector
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U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year. Source
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Summary:2020 had the lowest amount of Bitcoin stolen through hacks and scamsA total of 4,366 BTC was stolen and publicly reportedThis is a 92% drop from 2019 and an all-time low of 0.02% of the total supplyBitcoin investors and traders are getting smarter in terms of securing their investmentA lower
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A Dublin man involved in the theft of more than $2 million in cryptocurrency through SIM-swap attacks has been sentenced to almost three years in prison.Conor Freeman, 21, was handed down a two-year and 11-month sentence in the Dublin Circuit Criminal Court on Tuesday. He had pleaded guilty to several
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The privacy-oriented browser Tor (The Onion Router) is researching ways “anonymous tokens” could counter Denial of Service (DoS) attacks – a pressing issue for the network. Tor has been subject to DoS attacks, degrading its performance. While there are technical fixes Tor has worked to implement, the nature of the network
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The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims.According to data analyzed by VPN provider Atlas VPN, the number of hacks in the first half of 2020 dropped more than three times compared to the same period in 2019. The
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The aim is a comprehensive database of information gleaned from previous hacks and fraud used to proactively fight future ones. The platform supports Bitcoin, Ethereum, TRX and EOS blockchains. Source
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Next time your phone rings and the caller ID says it’s your bank, telecom company or employer’s IT department, it might be someone else. That’s because little-discussed types of SIM cards offer the ability to spoof any number, can be encrypted and in some cases allows the user’s voice to be
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