Crypto Security Best Practices for 2023: Protecting Your Digital Assets as Losses Near $1 Billion
With nearly $1 billion lost to crypto exploits, hacks, and scams through the first eight months of 2023, the importance […]
Security
CertiK Reports $45 Million Lost to Crypto Exploits in August 2023 as Yearly Losses Near $1 Billion
The cryptocurrency industry continues to grapple with an escalating security crisis. According to blockchain security firm CertiK, malicious actors siphoned
Hardening Your DeFi Defenses: Why Multi-Layer Security Audits Failed to Stop August’s $313 Million Hack Wave
August 2023 will be remembered as one of the bloodiest months in DeFi security history, with over $313 million lost
Zunami Protocol Post-Mortem: How a Price Caching Flaw Drained $2.16 Million From DeFi Vaults
On August 13, 2023, Zunami Protocol — a decentralized finance platform built on Ethereum — suffered a devastating flash loan
Hot Wallet Hardening: Why the Stake.com $41 Million Heist Demands a Security Reset
The cryptocurrency casino platform Stake.com lost over $41 million in a single day when attackers drained its Ethereum, Binance Smart
Kroll SIM-Swap Attack Exposes FTX and BlockFi Claimant Data in Major Vendor Breach
The collapse of FTX and BlockFi in November 2022 left millions of cryptocurrency users navigating a complex bankruptcy process, hoping
Qakbot Botnet Takedown: Security Takeaways From the FBI’s $8.6 Million Crypto Seizure
The FBI and international law enforcement agencies delivered a devastating blow to cybercrime infrastructure on August 29, 2023, by dismantling
Balancer V2 Flash Loan Exploit Drains Nearly $1 Million From Vulnerable Liquidity Pools
The decentralized finance protocol Balancer confirmed a devastating exploit on August 27, 2023, losing approximately $900,000 in a sophisticated flash
SEC Impact Theory Enforcement Reveals Hidden Security Risks in NFT Offerings
The United States Securities and Exchange Commission made history on August 28, 2023, with its first-ever enforcement action targeting non-fungible
Ransomware Gangs Pivot to Cryptocurrency Weaknesses as Payments Double to $1.5 Million
The ransomware landscape is undergoing a fundamental transformation in 2023, with attacks becoming more frequent, sophisticated, and financially devastating. As