Cryptocurrency is a digital coin that exists only in a computer program. That program is designed by, controlled by, and can be changed by human programmers. While the coin and its trading database (a …
73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain …
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Allbridge exploiter returns most of the $573K stolen in attack
A large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge has been returned after the exploiter seemingly took up the project’s offer for a white hat bounty and no …
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Are DAOs Dead? Judge Ruling in bZx Case Spells Trouble, Legal Experts Say
A federal judge in Pasadena, California, earlier this week denied a series of motions attempting to excuse members of the bZx DAO from liability in a novel class action lawsuit filed against the …
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5 Secure Ways to Avoid Crypto Theft in 2023
The rise in popularity of cryptocurrencies has brought about significant concerns regarding wallet vulnerabilities and digital theft among individuals and businesses transacting in the market. While …
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DeFi Cross-Chain Solution Allbridge Exploited For $570,000
BNB Chain pool Cross-chain solutions provider Allbridge has been hacked for $570,000, according to blockchain security firm Peckshield. Peckshield first identified the hack and notified Allbridge …
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‘Address Poisoning’ Attack Sees Scammer Make Off With $1.3M in ARB Tokens
Initially reported as a "lucky" Arbitrum airdrop recipient, one crypto address appears to have actually scammed out over 600 different crypto wallets for more than 930,000 ARB tokens. Blockchain …
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A Comprehensive Guide on How to Thwart Crypto Hackers in 2023
The crypto market has witnessed countless hacks and exploits over the year. This has directly affected the mainstream adoption rate. Ergo, technological innovation is a must to protect customer assets …
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Citi Says Mass Adoption of Crypto Will Be Driven by CBDCs, Tokenization
Citi says the industry is finally "approaching an inflection point" and that blockchain technology will soon see "billions of users and trillions of dollars in value." In its latest report "Money, …
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How to mitigate the security risks associated with crypto payments
Due to its decentralized and distributed structure, blockchain technology is intended to be secure and resistant to attacks. However, it is not completely immune to attacks, and many different types …
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