Blockchain technology is a decentralized and secure method of storing and sharing data across a network of computers. It has the potential to revolutionize a number of industries, including finance, …
How to protect against crime in the metaverse
The metaverse has the potential to alter the way we interact and engage with one another and technology. However, there are also possible drawbacks and risks, just like with any new technology. …
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Orion Protocol Hacked for $3 Million Through Reentrancy Attack
Orion Protocol – a liquidity aggregator for both CeFi and DeFi exchanges – saw its core contract hacked on Thursday across both its Ethereum and Binance Smart Chains (BSC) deployments. The hacker …
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Crypto’s Decentralized Finance Security Problem
Cryptocurrency has a decentralized finance problem: It's not very secure. Few cybersecurity experts dispute that the technology underlying cryptocurrencies - the blockchain - is secure. Wrapped in …
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Crypto investors lost nearly $4 billion to hackers in 2022
Last year marked the worst year on record for cryptocurrency hacks, according to Chainalysis’ latest analysis. Cryptocurrency hackers stole $3.8 billion in 2022, according to the blockchain analytics …
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OpenSea serves as an example of why crypto security must improve
In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users …
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Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
Cryptocurrency custody provider Copper was alerted to a security issue over the Christmas period in December involving the company’s GitHub repository, which contains a blueprint for how the firm …
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Is AI-Powered Staking the Key to Unlocking Liquidity in DeFi?
Decentralized Finance (DeFi) promises a future where financial services won’t be in the hands of just a handful of big banks. In the future, users might not have to rely on financial institutions as …
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Crypto is back with $300bn frenzy
With bankruptcies, job cuts and arrests packed into the first few weeks of the year, the crypto industry looked set to pick up right where it left off after a disastrous 2022. But it’s not all doom …
Logan Paul Faces ‘Rug Pull’ Class-Action Lawsuit Over CryptoZoo NFTs
Famed internet personality Logan Paul and NFT project CryptoZoo have been accused of engaging in a “rug pull” in a new class-action lawsuit. Announced in September 2021, CryptoZoo was marketed as an …
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