A version of this article appeared in our The decentralized July 30 newsletter. Sign up here. DG, Tim here. Here’s what caught my attention in DeFi...
What you will learn The expected cryptocurrency bull market will put the sector’s security to the test, CertiK says in a new report. Protocol and security...
According to TRM, Russian-speaking threat actors dominated ransomware crimes in 2023. They extorted more than $500 million from victims last year. Russian-speaking groups accounted for nearly...
The front-end of dYdX’s website has been compromised. The project’s website suffered a “DNS hijack.” Several DeFi projects faced the same issue last week. DeFi exchange...
The exploiter stole $7.5 million in Ether from the protocol. Friday’s exploit depleted the protocol’s entire supply of USDT and USDC. The team has suspended the...
A hacker contacted his victim to offer to return the stolen funds, almost a year after the incident. Less than half of the stolen funds have...
Strengthening the security of the DeFi protocol would help prepare it for mass adoption. Hacken estimates that only 5% of projects use some form of monitoring...
Whitehat hacker explains how he helps recover funds stolen in DeFi hacks. Negotiation is often the most productive approach. But some security researchers are critical of...
Hackers stole $664 million from cryptocurrency investors in the first half of the year. That’s more than was stolen in the first half of 2023. A...
A bug bounty platform published bug reports publicly. It’s ‘incredibly irresponsible,’ says security researcher. The platform also lists bug bounties of projects without their permission. Bug...
