We continue with our survey of crypto and digital currency initiatives from around the globe, all of which are officially sanctioned to enhance national competitive advantage (in the event crypto …
Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
Crypto, which was born during the 2008-2009 financial crisis, is about to see how it handles the next one. That is something Michael Gronager, CEO of blockchain data firm Chainalysis, finds very …
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The October 2022 OODA Network Member Meeting: OODAcon 2022, Exponential Disruption and the Future of Innovation at Speed and Scale
OODA hosts a monthly video call to help members optimize opportunities and reduce risk to discuss items of common interest to our membership. These highly collaborative sessions are always a great way …
The Dangerous Flaws of Web3 Security, According To a Former Hacker
“New and improved” is the refrain of progress, but new technology doesn’t always turn out to be an improvement. In the case of the evolution from Web2 to Web3, a former hacker revealed how recent …
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Hacker steals US$1mn worth of crypto and NFTs 24 hours
A hacker known as Monkey Drainer has stolen US$1mn worth of Ethereum and NFTs in a hacking spree across just 24 hours. The hack was reported by Twitter user ZackXBT who describes themselves as a …
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Hacktober’s $718M Losses Are an Existential Threat to DeFi
October hasn’t been kind to crypto, with $730 million lost to 18 hacks this month alone, driving the 2022 total loss to $3 billion. With decentralized finance, or DeFi, as the prime target, it’s …
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Binance Reveals Getting Closer to Identify Hacker that Drained $570M
Binance is on the verge of uncovering the hacker(s) behind the $570 million exploit on its cross-chain bridge, BSC Token Hub, earlier this month. In a recent interview with CNBC’s ‘Squawk Box Europe,’ …
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DeFi Is At War: But Not With Who You Think
DeFi is at war. Total value locked (TVL) is at its pre-pandemic level of $50 billion, along with the prices of bitcoin and ethereum. Rising inflation is driving the cost of money out of fintech …
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Gate.io users at risk as scammers fake giveaway on hacked Twitter account
Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether giveaway. Social media platform Twitter …
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Taking measures to secure the metaverse
The internet you know today is gradually going the way of the original web. The aspect of web3 that’s most exciting–and most concerning to cybersecurity wonks like me–is the metaverse, an immersive 3D …
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