Over 10 assaults cost $313 million in August, highlighting weaknesses and the need for better protection. Crypto hacks costs over 93.5% of money ($293.4 million), emphasizing the need for user education and awareness. Phishing on major cryptocurrencies, the Ronin Network breach, and Nexera's smart contract vulnerability demonstrate hacker techniques and the need for solid security. The digital asset landscape is in turmoil, rocked by a surge in crypto hacks that have...

The WazirX hack resulted in a $235 million loss by compromising the exchange's Safe Multisig wallet. Safe multisig wallets improve security by requiring several private keys to enable transactions. The breach was funded using distributed protocols for private transactions, such as Tornado Cash, which complicates attempts to track the pilfers. Crypto hacks have been a...

Blockchain security firms only recovered about $133 million in 2022, while in 2023, experts traced and recovered $674 million. According to PeckShield, the...

In 2021, Upbit Exchange accounted for more than 9% of the global trading volume, ranking among the top five regions trading Bitcoin. ...

In 2015, as the crypto industry gained recognition, Rodriguez, and Dos Santos founded Airbit Club in pretence of offering crypto trading services. ...

Mixin Network suffered a $200 million hack due to a third-party cloud service compromise, leading to asset suspension and an ongoing investigation The...

In July 2023, this decentralized exchange experienced several crypto hacks, resulting in the loss of over $61 million in crypto coins. Michael Egorove...

In April, MetaPoint became the latest victim of a Metaverse hack, resulting in a $1 million loss. According to the 10th...

The Direct Selling Association in Norway was the first to identify the true nature of this organization as a pyramid scheme. A plush...

The FDIC often ensures that if a bank falls, it can insure deposits allowing its users to access their funding. Unfortunately, bankrupt crypto...

Security analysts pondered over this increase in insecurity, and then through diligent analysis, blockchain security was devised. Any form of cyber security...

MPC is a kind of super authentication in that a user will authenticate to a network using several factors (e.g., biometrics, identity, password, etc.) without any nodes in the network understanding what they are verifying since authentication computation is part of MPC. This authentication will have identity management, healthcare, finance, government services, defence, and law enforcement applications. MPC facilitates system interoperability while simultaneously protecting people’s rights and providing them with control and visibility over their data and how it is utilised. MPC stands for the future.

Mastercard has introduced a new piece of secure crypto software that will assist banks in identifying and blocking transactions from fraudulent crypto exchanges ...

The hacker was able to transfer 732 ETH valued at $950000 Professionals believe that there is a link between this blockchain security breach...

Wintermute debuted in 2017, with its main focus on digital asset markets and supported and served many blockchain-based projects as well as Over-The-Counter(OTC)...