Smart Contract Security Best Practices: What the Shakeeb Ahmed Indictment Teaches Every DeFi User
The indictment of Shakeeb Ahmed on July 13, 2023, for a $9 million exploit of a Solana-based decentralized exchange has […]
Security
Inside the $9 Million DeFi Exploit: How a Security Engineer Hacked a Solana Exchange and Got Caught
On July 13, 2023, federal authorities unsealed an indictment against Shakeeb Ahmed, a 34-year-old senior security engineer from New York
Crypto Crime Drops 65% But Ransomware Surges: Security Best Practices for the Current Threat Landscape
The cryptocurrency security landscape is undergoing a significant transformation. According to Chainalysis’ midyear 2023 report published this week, overall crypto-related
Multichain’s $125 Million Breach Exposes Critical MPC Vulnerabilities in Cross-Chain Infrastructure
The cross-chain ecosystem suffered a devastating blow when Multichain, one of the largest bridge protocols in decentralized finance, lost over
UK FCA Cracks Down on Illegal Crypto ATMs: 26 Machines Shut Down in Nationwide Sweep
Britain’s Financial Conduct Authority has intensified its crackdown on unauthorized cryptocurrency ATMs operating across the United Kingdom, shutting down 26
Rodeo Finance Suffers $888,000 Exploit Through TWAP Oracle Manipulation on Arbitrum
DeFi protocol Rodeo Finance has become the latest victim in a string of decentralized finance exploits, losing approximately 472 ETH
Enterprise Infrastructure Under Siege: Critical Vulnerabilities in VMware, Linux Kernel and Network Devices Demand Immediate Action
July 10, 2023 marked a significant day for enterprise cybersecurity as multiple critical vulnerabilities came to light across foundational infrastructure
Reentrancy Flaw in Arcadia Finance Smart Contracts Exposes $455,000 in DeFi Funds
On July 10, 2023, the decentralized finance protocol Arcadia Finance suffered a sophisticated reentrancy attack that drained approximately $455,000 across
SIM Swap Defense: Building a Multi-Layered Security Stack for Crypto Accounts After the Stellar Foundation Breach
The compromise of the Stellar Development Foundation’s official Twitter account on July 8, 2023 through a SIM swap attack serves
Gas Token Scam Exploits DeFi Approval Revocation Process in Novel Ethereum Attack
A new cryptocurrency scam has emerged that weaponizes Ethereum gas tokens to steal funds from unsuspecting DeFi users, prompting security