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Tag: DeFi security

Ripple Co-Founder Confirms $112.5 Million XRP Hack – Unchained

Executive chairman Chris Larsen said the stolen tokens came from his personal accounts. Crypto sleuth ZachXBT discovered the theft...

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Jump Crypto & Oasis.app counter exploits Wormhole hacker for $225M

Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo...

Bitcoin retirement plans elicit caution from regulators

Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of...

Over $3,770,000,000 Lost to Blockchain-Related Hacks in 2022: Security Firm SlowMist

Blockchain security firm SlowMist is revealing that hundreds of exploits happened on decentralized networks last year resulting in billions of dollars in losses. In its...

Shiba Inu Devs Set To Unveil Shibarium L2 Network Beta

The beta testnet of Shibarium will soon release, benefiting the entire Shiba Inu community. Shibarium is a layer-2 network operable on the Ethereum mainnet....

Cryptosphere lost 61% less to hacks in 2022 vs 2021

The crypto sphere lost $3.78 billion to 303 blockchain-related security incidents in 2022, which is 61% less than the $9.80 billion...

How Auditors Detect DeFi Rug Pull Scam: Can You Do It Yourself?

Hackers stole more cryptocurrency from decentralized finance (DeFi) platforms than ever before in 2022. Nearly 98% of all tokens launched on DeFi’s...

L2BEAT Report Takes Aim At LayerZero’s Security Model

Cross-Chain Protocol Dismisses Claims LayerZero, a protocol which enables messaging across blockchains and is used by applications entrusted with hundreds of millions of dollars, drew...

DeFi security loses rose 47.4% in 2022 to hit $3.64B: Report

According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance, or DeFi, exploits across blockchains worldwide totaled $3.64...

Blockchain Security: How to Understand Blockchain Audits to Stay Safe in DeFi

This past year has been a pretty dark time in crypto. Not only have we seen the catastrophic collapse of Luna, the degeneracy of...

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