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The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto. Original Source
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In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years.As told by Trend Micro, the top threats to the realm, mainly from a regulatory standpoint, include NFT security concerns, the
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The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several crypto firms to go out of business, while many have made severe job cuts to remain afloat.The crypto market crisis began
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A commonly used model of bitcoin ATMs has several software and hardware vulnerabilities, Kraken Security Labs revealed in a blog post yesterday.The security team notified the manufacturer, General Bytes, on April 20 of the attack vectors. General Bytes has released patches for the backend system but some fixes may require
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Cardano is getting ready for the release of smart contracts capability on September 12th. To this end, the Cardano Foundation is taking steps to make sure that there are no vulnerabilities in the network ahead of launch. A new partnership will help to facilitate this, while also engaging the broader
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Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target system, thereby exposing the
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The Lightning Network is a young protocol, and it’s going through some technical growing pains as its tech stack grows and its network expands. While most of the vulnerabilities (covered in part one of this series) are neither protocol-breaking nor easy to exploit, they’re still reminders that improvements come with
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Jonathan Johnson, CEO of Overstock and president of Medici Ventures, has issued a statement supporting blockchain in voting in response to the technology’s vulnerabilities claims published on Feb. 13.Emerging technologies got in the crosshairs of regulators when a mobile software application that had been devised to help calculate the
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Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.”Urgent update recommendedOn Aug. 30, Russell published a tweet urging LN nodes operators to update their software as soon as possible.
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Dash has released Dash Core v0.14.0.3, a new version of the wallet and P2P client for its cryptocurrency DASH in light of recent transaction spikes on its mainnet. Security upgradeDash Core announced the news in an official blog post on Aug. 15. According to the announcement, Dash was hit with
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