Cryptocurrency Analysis and News Portal
InfStones explained it conducted an internal review revealing no further threats. The blockchain infrastructure provider also invited an external security firm to audit its systems and company policies. Blockchain infrastructure provider InfStones has announced its success in fixing vulnerabilities identified in its system by security firm dWallet Labs. dWallet Labs reportedly found
Read More
While Fireblocks says that attacks exploiting the vulnerabilities would have been “practical,” the firm believes their complexity made them difficult to discover in advance of Wednesday’s disclosure. “The chances that someone – some malicious actor from, let's say, North Korea figured it out months before we figured it out and
Read More
Blockchain technology firm ConsenSys publicly released its “Diligence Fuzzing” tool for smart contract testing, according to an Aug. 1 announcement. The new tool produces “random and invalid data points” to find vulnerabilities in contracts before they are launched.Over $2.8 billion was lost in decentralized finance hacks in 2022. According to
Read More
Mastodon gGmbH, the organization that maintains Mastodon’s open source software, rated one other bug as critical and the three others as high and medium in severity. Large servers were also sent pre-announcements about the security holes in recent weeks, so they could be ready to quickly deploy a patch when
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A disturbing trend has emerged recently, as swindlers have confiscated at least eight Twitter accounts associated with cryptocurrencies. The syndicate has obtained approximately $700,000 by employing intricate phishing maneuvers via compromised accounts. Once gaining control, they promptly
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As artificial intelligence (AI) continues to evolve, its potential to replace human jobs has become a topic of concern. One such area is smart contract auditing. A recent experiment conducted by OpenZeppelin, a leading blockchain security
Read More
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC), released a similar report
Read More
Amid privacy and cybersecurity issues and recent bans by different countries, artificial intelligence (AI) company, OpenAI released a program to combat vulnerability concerns.OpenAI, the company behind ChatGPT, on Tuesday, announced the launch of The OpenAI Bug Bounty Program to help identify and address vulnerabilities in its systems. According to the
Read More
Summa founder James Prestwich has accused the $382 million LayerZero bridging protocol of hosting a “critical vulnerability.” According to a Jan. 30 post by Prestwich, this vulnerability “could result in theft of all user funds.” LayerZero CEO Bryan Pellegrino has called Prestwich’s accusation “absolutely shocking” and “wildly dishonest,” claiming that the
Read More
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The past week in the DeFi ecosystem saw major developments centered around the Ethereum Merge. Aave (AAVE) community proposed temporarily suspending Ether (ETH) lending before
Read More