In the Web3 space, new tokens are constantly emerging, the team at CertiK noted while pointing out that these new tokens may not be safe and could pose certain (serious) risks for holders and traders. CertiK revealed that in the past few months, their security… Read More
Radiant Capital has shared an important update on the October 16, 2024 incident in which Radiant Capital was targeted by a “highly sophisticated” cyberattack that resulted in a loss valued at “approximately $50M USD.” On October 17, 2024, Radiant released a post-mortem of the attack… Read More
Blockstream, the global firm focused on Bitcoin infrastructure technology, marked ‘Bitcoin Genesis Day’—the anniversary of Bitcoin’s first block mined on January 3, 2009—with the launch of its latest “fully-open source” hardware wallet: Blockstream Jade Plus. With a new design, enhanced usability, and advanced security features… Read More
As Bitcoin reaches unprecedented levels following yesterthe US election results, thousands of first-time investors are rushing to enter the cryptocurrency market. But new research from CertiK – the blockchain security firm that has protected over $3 trillion in user assets – reveals concerning vulnerabilities that… Read More
SlowMist has reportedly passed the audit conducted by the international certification body, DNV Management Services Group, and obtained the ISO/IEC 27001:2022 Information Security Management System Certificate (with recognition from CNAS and UKAS). This signifies that SlowMist’s information security management system meets international standards, “elevating its… Read More
Ledger’s partnership at the recent ETHGlobal Hackathon in Bangkok showcased a range of projects that are reportedly focused on enhancing digital asset security. Participants developed solutions to improve developer tools, enhance user experience, and “explore new use cases” for Ledger’s hardware wallets. Standout projects included… Read More
Recently, several users on X reported a phishing attack disguised as Zoom meeting links, according to an update from SlowMist. In one case, SlowMist pointed out that a victim installed malicious software after clicking on a fake Zoom meeting link, reportedly resulting in the “theft… Read More
As the year 2024 comes to a close, it’s wise for financial institutions and Regtech (regulatory technology) providers to pause and assess the evolving sanctions landscape, particularly with the U.S. preparing to transition to a new administration in 2025. This, according to an update from… Read More
Compound Finance, a DeFi protocol enhancing money markets, has launched a $1 million bug bounty program on Immunefi in order to enhance the security of its platform and ensure the safety of its users. As explained in a blog post by Immuenfi, Compound Finance is… Read More
Chainalysis has acquired Hexagate, the provider of web3 security solutions that detect and mitigate real-time threats including cyber exploits, hacks, and governance and financial risks. They are the top choice for chains, protocols, asset managers, and exchanges to “help keep their funds secure.” Hexagate leverages… Read More
Blockdaemon and HashiCorp have partnered to integrate and approve Blockdaemon Builder Vault for use with HashiCorp Vault, providing secure Root of Trust services. Builder Vault incorporates Blockdaemon’s Multi-Party Computation (MPC) tech via a Public Key Cryptography Standard (PKCS) #11 plug-in. It generates, stores, and uses… Read More
Sumsub is announcing its partnership with Darkex, a blockchain platform renowned for its commitment to trust and security. This collab sets a benchmark for user experiences and compliance in the blockchain space. Sumsub will equip Darkex with verification and anti-money laundering (AML) capabilities, ensuring fast onboarding;… Read More
Last month, the total losses from Web3 security incidents have reportedly amounted to appr. $86.24 million. According to the SlowMist Hacked Database, 21 hacking incidents were recorded, resulting in losses of appr. $76.86 million, of which “$25.5 million was recovered.” As mentioned in the update… Read More
Entrust, a global enabler of trusted payments, identities, and data security, announces a partnership with PetProov, an online platform that verifies pet buyers, breeders, and adopters. The collab will equip the PetProov platform with the Entrust Onfido identity verification (IDV) to bring “transparency, accountability, and… Read More
Circle has introduced Event Monitoring for its Smart Contract Platform. According to Circle, this feature allows developers to: Subscribe to events emitted on Ethereum Virtual Machine (EVM) blockchains Receive real-time notifications via webhooks Take programmatic action based on these events. Circle added that with Event… Read More
CoinW, a global cryptocurrency exchange, announces a strategic partnership with CoinCover – a digital asset protection provider – to significantly improve the security of users’ digital assets. This partnership is said to underscore CoinW’s commitment to protecting funds against risks such as hacking, lost access,… Read More
In Q3 of 2024, Kaspersky professionals reportedly discovered that the number of users encountering apps that “pose” as free VPNs increased by 2.5 times compared to Q2 globally. These apps were malware or programs that could be potentially used by malicious actors. The update from… Read More
The Central Bank of Brazil (BCB) noted in an update that Pix now has security rules that apply for registering new devices. As mentioned in the update from BCB, cellphones, computers, and tablets being used in Brazil must now be registered with the bank to… Read More
Kaspersky is announcing the opening of its latest Transparency Center in Seoul, South Korea, reaffirming its commitment to delivering the best security assurance for its products and services. Located in the Kaspersky office, the new facility will provide “the company’s stakeholders with services ranging from… Read More
Banque de France and Monetary Authority of Singapore conducted post-quantum cryptography experiment to enhance communication security. The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) today announced the completion of a joint experiment in post-quantum cryptography (PQC) conducted across “continents over conventional… Read More
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