Silvergate Bank Liquidation Exposes Systemic Vulnerabilities in Crypto-Fiat Infrastructure
The voluntary liquidation of Silvergate Bank, announced on March 8, 2023, has sent shockwaves through the cryptocurrency industry, revealing deep-seated […]
DeFi Oracle Manipulation Attacks Surge: $403 Million Lost in 2022, Chainalysis Reports
The decentralized finance ecosystem faces a growing and increasingly sophisticated threat that goes beyond traditional hacking. On March 7, 2023,
PeopleDAO Treasury Drained of $120,000 in Sophisticated Google Sheet Social Engineering Attack
On March 6, 2023, the PeopleDAO community disclosed a devastating breach of its treasury stored on the Safe (formerly Gnosis
Silvergate Bank Counterparty Meltdown Exposes Systemic Weaknesses in Crypto-Banking Infrastructure
The rapid disintegration of Silvergate Bank, once the premier financial partner for cryptocurrency companies, has laid bare critical vulnerabilities in
Silvergate’s SEN Shutdown Creates Cascading Banking Failures Across Crypto Exchanges
The cryptocurrency industry woke on March 4, 2023, to a rapidly deteriorating banking infrastructure as Silvergate Bank’s decision to discontinue
Silvergate SEN Shutdown: How $9 Billion in Suspicious Transfers Slipped Through AML Controls
The cryptocurrency industry woke up to alarming news on March 3, 2023, as Silvergate Bank announced the immediate discontinuation of
The Sandbox Security Breach: How an Employee Compromise Led to a Phishing Attack on 350,000 Users
The cryptocurrency metaverse suffered a significant security incident on March 2, 2023, when The Sandbox, a blockchain-based gaming platform with
Monkey Drainer Shuts Down: Inside the Notorious Crypto Phishing Operation That Stole Millions
On March 1, 2023, one of the most prolific crypto phishing operations in recent history abruptly ceased operations. Monkey Drainer,
Read-Only Reentrancy: How the dForce Exploit Exposed DeFi Oracle Vulnerabilities
The Exploit Mechanics On February 9, 2023, the dForce lending protocol fell victim to a sophisticated read-only reentrancy attack that
Platypus Finance Suffers $8.5 Million Exploit Through Solvency Check Flaw
The decentralized finance ecosystem faces yet another setback as Platypus Finance, a stablecoin-focused automated market maker operating on the Avalanche