Crypto platforms must adopt proactive, multi-layered verification architectures that don’t stop at onboarding but continuously validate identity, intent, and transaction integrity throughout the user journey, argues Ilya Broven, chief growth officer at Sumsub.
Tether has introduced PearPass, a peer-to-peer password manager that avoids cloud storage entirely as the firm expands into consumer tools.
US Senators Elissa Slotkin and Jerry Moran introduced a bipartisan bill to strengthen federal coordination against crypto-related scams.
Anchorage Digital acquired Hedgey, a startup that builds solutions for managing token allocations, distributions, and vesting schedules.
Rodriguez was sentenced to five years for operating a crypto mixing service that helped launder millions of dollars in criminal proceeds.
Privacy tokens are rallying, new infrastructure is gaining steam, and VCs are paying closer attention to this area.
In response, Aevo is decommissioning all Ribbon vaults, which lost about 32% of their assets in the oracle manipulation exploit.
The case highlights a growing trend of physical attacks aimed at extracting access to crypto wallets, known as "wrench attacks."
Firedancer could boost client diversity on Solana, which historically has been dominated by forks of Solana Labs' original codebase.
Launched in 2021, the universal liquidity layer and protocol intermediary has surpassed $60 billion in lifetime transaction volume.
The hacker spent 19,479 USDT to buy 21.16 million of the tokens, making around $55,000 from the subsequent pump, according to Lookonchain.
Privacy-focused blockchain project Octra said the sale allocation could increase if demand is high. Any unsold tokens will be burned.
Circle is piloting a version of its flagship USDC asset featuring native privacy protections and “configurable compliance” features.
DeFi protocol Yearn Finance has detailed how a multi-phase numerical bug and unsafe math enabled an exploiters steal rought $9 million in assets.
WisdomTree introduced an Ethereum-based fund in Europe that earns staking rewards using the decentralized Lido protocol.
A British hacker tied to the $243 million Genesis creditor theft has possibly been arrested in Dubai, according to onchain sleuth ZachXBT.
The vulnerability requires physical access, but underscores risks for users who store private keys on their smartphones.
"Code is Law" co-director James Craig and Wildcat Finance co-founder Lawrence Day discuss their experiences with, and the consequences of, major DeFi hacks.
AI company Anthropic reported that automated AI agents successfully exploited a large portion of smart contracts in a mock set-up.
Yearn Finance lost about $9 million in an exploit on Sunday, after an attacker was able to mint a near-infinite amount of yETH tokens.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The complex attack took place in a single transaction, and appears to have involved liquid staking tokens from across the Ethereum ecosystem.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Upbit said it discovered a vulnerability that could have allowed attackers to infer private keys from onchain wallet data.
Six white hat actors recovered $3.86 million during the attack, but some declined to receive bounties as they do not want to be identified.
Upbit initially reported a loss of 54 billion won ($36.8 million) but later revised the figure down to 44.5 billion won ($30.4 million).
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Upbit identified 540 billion won worth of abnormal withdrawal of various assets on the Solana network from the platform.
The compromise comes nearly two years to the day after a similar attack took down their front-ends in November, 2023.
A Solo CKpool miner contributing approximately 0.0000007% of the total Bitcoin network hashpower discovered a block on Friday.