February 2024 Sees $404 Million in Crypto Losses as Access Control Flaws Dominate Attack Vectors
The cryptocurrency industry recorded one of its most damaging months in early 2024, with February alone witnessing approximately $404 million […]
Security
How Seneca’s Missing Pause Function Turned a Smart Contract Bug Into a $6.4 Million Disaster
The decentralized finance ecosystem suffered another significant blow on February 28, 2024, as the Seneca Protocol fell victim to a
How Seneca Missing Pause Function Turned a Smart Contract Bug Into a 6.4 Million Disaster
The decentralized finance ecosystem suffered another significant blow on February 28, 2024, as the Seneca Protocol fell victim to a
How Seneca Missing Pause Function Turned a Smart Contract Bug Into a 6.4 Million Dollar Disaster
The decentralized finance ecosystem suffered another significant blow on February 28, 2024, as the Seneca Protocol fell victim to a
Hot Wallet Security in 2024: Why Exchange Cold Storage Practices Matter More Than Ever After $422 Million February Losses
The cryptocurrency industry lost over $422 million to security incidents in February 2024 alone, marking a 102% increase from January.
BitForex Exchange Drains $56.5 Million From Hot Wallets as CEO Resigns and Platform Goes Dark
Cryptocurrency exchange BitForex has come under intense scrutiny after $56.5 million was drained from its hot wallets on February 23,
MicroStrategy X Account Hacked in Ethereum Phishing Scam as $440,000 Stolen From Followers
The Incident On February 26, 2024, the cryptocurrency community witnessed a brazen social engineering attack when MicroStrategy’s official X (formerly
LockBit Ransomware Resurgence Exposes Critical Gaps in Crypto Exchange Security Posture
The resurfacing of the LockBit ransomware group on February 26, 2024, just days after an unprecedented international law enforcement takedown,
Tornado Cash Supply Chain Attack Exposes Critical Vulnerabilities in DeFi Privacy Infrastructure
The decentralized finance ecosystem faces a sobering reminder of the risks inherent in open-source software after a sophisticated supply chain
BitForex Exchange Goes Dark After $57 Million Vanishes From Hot Wallets in Suspected Exit Scam
The Hardware/Software Landscape The cryptocurrency exchange ecosystem faces yet another credibility crisis as BitForex, once ranked among the top 50