Tag: Web3 Security

Casper Network Shuts Down Operations Temporarily Due to Security Breach

Casper Network temporarily halted its operations due to a significant blockchain security breach, stressing the critical need for robust security measures in blockchain...

WazirX Hack Exposes Crypto Security Gaps: $235 Million Stolen

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...

Tether stablecoin USDT is coming to Celo blockchain

Tether has announced plans to integrate its USDT stablecoin onto the Celo blockchain. Tether's circulating supply crosses the 102 billion mark, and...

Animoca Brands teams up with Blockpass for enhanced web3 security

Animoca Brands has partnered with Blockpass in a strategic move that will redefine the standards of Web3 security and compliance. Blockpass brings...

Orbit Chain’s $82 Million Crypto Theft Rings Alarms Ahead of 2024 Bull Run

According to experts, the crypto hacker exploited Orbit Bridge, the exchange's bridging services, siphoning $82 million worth of crypto coins. Orbit Chain has...

Justin Sun’s Crypto Empire Under Siege: HTX and Heco Chain Suffer $115 Million Hack”

HTX crypto exchange and blockchain protocol, Heco Chain, experienced another crypto hack, further damaging the organization's reputation. The first attack occurred on September...