Produced by SlowMist: Common Cryptographic Risks in Blockchain-Applications
Arbitrum’s Security Council has frozen 30,766 ETH on Arbitrum One tied to the current KelpDAO exploit. The council stated that it acted after coordinating with legislation enforcement on the identification of the exploiter. Arbitrum Council Moves Funds to a Wallet-Only Governance Can Unlock BeInCrypto reported that attackers drained roughly 116,500 rsETH, price about $292 million,…
The tally of decentralized finance (DeFi) exploits in May continued to climb after the Verus-Ethereum Bridge reportedly suffered a safety breach, with attackers draining roughly $11.58 million in digital property. Multiple blockchain safety corporations flagged the exploit on Monday, warning customers about suspicious exercise linked to the bridge. Verus-Ethereum Bridge Reportedly Drained for $11.58 Million…
For the higher half of a decade, the ethos of cryptocurrency safety was distilled right into a single, terrifyingly easy mantra: “Not your keys, not your cash.” It was a name to arms for self-sovereignty, putting the burden of bank-grade safety onto the shoulders of people. But as we transfer deeper into 2025 and past,…
Lionsgate Network not too long ago reported a big enhance in on-line and crypto-related scams in the course of the vacation season, as fraudsters capitalize on an uptick in procuring and digital exercise. The blockchain intelligence agency advises customers to stay vigilant and stresses that immediate motion is essential when fraud happens. Holiday Scams Grow…
NEAR Protocol’s largest Decentralized Finance (DeFi) hub, Rhea Finance, suffered a $7.6 million exploit after an attacker manipulated its oracle and validation layer. Blockchain safety agency CertiK flagged the incident, confirming that property have been drained throughout a number of tokens. How the Rhea Finance Exploit Unfolded The attacker deployed faux token contracts and created…
The US Department of Justice (DOJ) restrained greater than $700 million in crypto and filed wire fraud conspiracy expenses towards two Chinese nationals who allegedly managed rip-off compounds. US Attorney Jeanine Ferris Pirro, Assistant Attorney General A. Tysen Duva, and companions introduced the coordinated actions alongside Treasury and State Department measures geared toward dismantling Southeast…