The impact of the Wintermute hack could have been worse than 3AC, Voyager and...
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based...
Alternative payment apps such as AliPay a boon for cybercriminals, experts tell Congress
Written by Tonya Riley Sep 20, 2022 |...
Hackers take over CoinDCX Twitter account, promote fake XRP ads
The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used by the exploiters to post fake Ripple (XRP) promos partnered with phishing links in an...
$160M stolen from crypto market maker Wintermute
Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks, losing approximately $160 million, according to Evgeny Gaevoy, the company’s founder...
ETHW confirms contract vulnerability exploit, dismisses replay attack claims
Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend.Smart contract auditing firm BlockSec flagged what it...
Profanity tool vulnerability drains $3.3M despite 1Inch warning
Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently,...
Crypto insurance a ‘sleeping giant’ with only 1% of investments covered
While on-chain insurance has been around since 2017, only a measly 1% of all crypto investments are actually covered by insurance, meaning the industry remains a “sleeping giant,” according...
Entrepreneurs must learn to tackle business risks in the Metaverse
Hyped as it is, the Metaverse remains largely undefined. It’s a challenge to answer the question “What is the Metaverse?” in part because its definition depends on whom you...
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Decentralized applications, or DApps,...
The Sandbox’s Instagram account compromised, hackers try to rent BAYC NFTs
Metaverse platform The Sandbox saw its Instagram profile hacked and used to try and rent out Bored Ape Yacht Club nonfungible tokens (NFTs) from a number of users on...
