Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers. Source
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Security
EU study proposes default security status for crypto assets, legal recognition for DeFi
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study commissioned by lawmakers at the European Parliament proposes that
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Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit
“We have a good idea who it is,” said blockchain sleuth Ogle, who is part of the recovery process and has helped with the Euler Finance exploit. “I think they end up speaking, keeping their 10%, and returning the rest — it’s a win for everybody and makes the most
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Coinbase CEO Brian Armstrong Raises Concern about Crypto, Says It’s Matter of National Security
Coinbase CEO believes China might be looking to directly displace the US dollar from its role in global commerce. Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies and the approach of the United States toward the special asset class. He admits that recent happenings around the world of
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Chinese officials issue warning about AI and national security
Officials in China have issued a warning about the risks posed by the rapid advancement in artificial intelligence (AI) development and subsequently called for tighter measures on national security. The remarks come from a meeting on Tuesday in which Chinese President Xi Jinping, and other prominent members of the communist party,
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Security firm exposes $500m vulnerability in TRON’s multisig accounts
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Security researchers have recently disclosed a critical zero-day vulnerability in the TRON blockchain that could potentially expose $500 million worth of cryptocurrency to theft. The vulnerability, discovered by the 0d research team at dWallet labs, specifically
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2 key security practices for Web3 startups from Israel Crypto Conference
Security remains one of the Web3 industry’s most important and relevant issues as decentralized finance (DeFi) protocols and enterprises continue to face exploits.At the Israel Crypto Conference, Cryptox talked to Shahar Madar, the head of security products at Fireblocks, about the necessary steps Web3 startups should take to secure their
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Security firm discovers $500M vulnerability in Tron multisig accounts
A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions with a single signature.In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held in Tron
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Bitcoin can bring ’cause and consequence into cyberspace’, boost security — Michael Saylor
Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a recent interview with Kitco News. Saylor illustrated his views using social media accounts created by robots as an example. According to him, billions of fake
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Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet
A press representative for the hardware wallet maker said they were unaware of any attempts by Unciphered to reach out directly, even though, "as communicated on our blog in early 2020, RDP downgrade attacks require physical theft of a device and extremely sophisticated technological knowledge and advanced equipment.” Original Source
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