Inside the WazirX Breach: How a Multi-Sig Wallet Exploit Drained $230 Million
The cryptocurrency industry suffered one of its most devastating blows of 2024 when Indian exchange WazirX confirmed a catastrophic security
Security
Protecting Your Crypto Portfolio During High-Volatility ETF Launch Windows
The launch of spot Ethereum ETFs on July 23, 2024 marked a watershed moment for the cryptocurrency market, but it
Breaking Down the Multisig Vulnerability: How $230 Million Disappeared From WazirX in Minutes
The cryptocurrency world was rocked in mid-July 2024 when Indian exchange WazirX suffered one of the largest hacks of the
Protecting Your Portfolio During Large-Scale Bitcoin Distributions: Security Best Practices
The ongoing Mt. Gox Bitcoin repayment process has reignited concerns about portfolio security during periods of large-scale crypto distributions. With
Russian-Speaking Hacker Groups Dominate Crypto Crime With 70% of Ransomware Proceeds
A new report from blockchain analytics firm TRM Labs reveals a staggering concentration of cryptocurrency crime among Russian-speaking cybercriminal networks.
Why Wallet Security Audits Are Non-Negotiable in a $2.2 Trillion Crypto Market
As the cryptocurrency market capitalization approaches $2.2 trillion with Bitcoin trading at $65,777 and Ethereum at $3,174 on July 25,
Coinbase UK Slapped With $4.5M FCA Fine After Onboarding 13,416 High-Risk Customers Despite Voluntary Restrictions
The United Kingdom’s Financial Conduct Authority has delivered a striking blow to the crypto industry’s compliance credibility, fining Coinbase’s UK
MonoSwap Exploit Exposes Social Engineering Vulnerabilities in DeFi Team Operations
The decentralized exchange MonoSwap, built on the Blast blockchain, fell victim to a sophisticated social engineering attack on July 24,
Building a Fortress Against Social Engineering: Crypto Team Security Practices That Work
July 2024 has been a brutal month for crypto security. The WazirX exchange lost $230 million to a multi-sig wallet
Gate.io Exits Japan: How Regulatory Pressure Is Reshaping Crypto Exchange Security Standards
On July 22, 2024, Gate.io, one of the world’s largest cryptocurrency exchanges by trading volume, announced the complete withdrawal of