Hacks, exploits and post-mortems
Key Insights: USDC issuer Circle is under scrutiny after allegations emerged that the company profited from transactions involving hacked funds tied to the North Korean hacker group, Lazarus. The accusations, brought forward by blockchain investigator ZachXBT, revolve around Circ
Infinite mint attacks pose a significant threat in the decentralized finance (DeFi) sector, allowing attackers to create an unlimited number of tokens, disrupting the token economy, and causing substantial market chaos. This attack directly impacts the integrity and valuation of
Overview of Phishing and PhaaS Phishing is a cyber attack aimed at tricking individuals into revealing sensitive information such as passwords, credit card numbers, and personal identities. Phishing typically involves sending deceptive emails that appear legitimate to unsuspectin
Blockchain technology is poised to revolutionize how we understand and interact with geographic data, offering a robust alternative to traditional GPS mapping systems. With its inherent transparency and security features, blockchain introduces a novel approach to location mapping
Smart contract wallets represent an advanced step in digital asset management, combining the programmability of smart contracts with the basic functionalities of traditional cryptocurrency wallets. This integration results in wallets that not only store cryptocurrency but also ex
The burgeoning field of Decentralized Finance (DeFi) has become a fertile ground for innovation and financial freedom. However, this landscape is not without its pitfalls. With over $1.3 billion stolen in just the first quarter of 2022, the DeFi ecosystem is increasingly becoming
The Curve Finance decentralized finance (DeFi) community has recently voted to implement a significant reimbursement plan for victims of a July security breach. In this resolution, a substantial 94% of Curve’s token-holders agreed to compensate liquidity providers (LPs) who suffe
Ledger, a prominent hardware wallet provider, has declared that it will fully compensate the victims of the recent ConnectKit exploit that led to a loss of $600,000. In addition to providing reimbursement, the company has vowed to enhance security by disabling the blind signing f
Cryptocurrency exchange Poloniex, under the leadership of Justin Sun, is set to resume its operations following a significant security breach that occurred on November 10th, resulting in a loss of over $100 million. The official announcement made today confirmed that after extens
