Until recently, DeFi seemed like it was on an exponential trajectory upwards. With the collective value of crypto peaking near $3 trillion, hackers saw a big opportunity. The only thing that may slow …
Continue Reading about Crypto is crumbling, and DeFi hacks are getting worse
While Thursday saw more volatility than usual in the cryptocurrency sector, the losses experienced by most Bitcoin and Ethereum investors were nothing compared to those seen by people who owned the …
Given the economic uncertainty experienced over recent years, Bitcoin itself having been created in reaction to the 2008 financial crisis and the failure of centralized stores of wealth, investors …
Business email compromise scams continue to grow and evolve, according to the FBI’s Internet Crime Complaint Center. Between July 2019 and December 2021, IC3 reported a 65% increase in global exposed …
Continue Reading about Cryptocurrency hype spawns email attacks, FBI says
The last thing anyone wants is to somehow lose their cryptocurrency when it could be prevented. This can happen through crypto being stolen while left in an exchange; such a loss could be potentially …
Continue Reading about Here’s Why You Shouldn’t Leave Your Cryptocurrency In An Exchange
Cryptocurrency markets have been maturing over the last few years, making demand for crypto insurance solutions larger as more advanced players dip their toes into the nascent ecosystem. Investopedia …
Continue Reading about Question of centralization faces growing crypto insurance industry
The biggest decentralized exchange on Cronos has been hacked. MM.Finance, an ecosystem of DeFi applications and the biggest decentralized exchange on the Cronos blockchain, has suffered a $2 million …
Continue Reading about Cronos DeFi Project MM.Finance Suffers $2M Exploit
The war in Ukraine is a global tragedy that has taken thousands of lives, with no end in sight. But for various groups of high-tech scammers, the grisly conflict has been a goldmine. With over $900 …
Continue Reading about Crypto Cons: Scammers Make a Killing off War in Ukraine
Web3 is the kitschy term that refers to the next iteration of our internet—including cryptocurrencies, decentralized networks, the blockchain and more. While for many people the concept of Web3 seems …
Continue Reading about The Rise Of Web3: What Cybersecurity Concerns Should We Look Out For?
In April alone, hackers stole more than $370 million in crypto from several web3 projects, according to a cybersecurity firm, with nearly $100 million being stolen over the weekend. In the last month, …
Continue Reading about Crypto Hackers Stole More Than $370 Million In April Alone
