Organizations are struggling with mounting data losses, increased downtime, and rising recovery costs due to cyberattacks — to the tune of $1.06 million in costs...
Genesis Global Capital, the lending arm of crypto investment bank Genesis Trading, halted withdrawals amid a liquidity crunch.Citing “unprecedented market turmoil”, the Digital Currency...
The fallout over the collapse of cryptocurrency exchange FTX continues. On Friday, the embattled company filed for Chapter 11 bankruptcy protection, noting that...
The requirement for Web 3.0 decentralised finance was planted during the year 2008 when the world experienced a financial meltdown that lasted nearly two years. The financial crisis resulted in an increase in unemployment, a decrease in institutional trust, suicides, and much more. It started with the collapse of the US housing market that was […]
On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]
Italian authorities are investigating a data theft suffered by tax agency l'Agenzia delle Entrate, during which about 78 GB of data was leaked, Italian...