DeFi protocol shuts down months after the Rari Fuse hack

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Decentralized finance (DeFi) protocol Babylon Finance has finally announced that it will shut down after months of trying to recover from the negative momentum caused by the Rari Fuse...

FBI issues alert over cybercriminal exploits targeting DeFi

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The United States Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits...

Blockchain audits: The steps to ensure a network is secure

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The last few years have seen blockchain platforms becoming the centerpiece of many tech conversations across the globe. This is because the technology not only lies at the heart...

White hat: I returned most of the stolen Nomad funds and all I got...

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Hackers behind the $190 million Nomad Bridge are now being incentivized with white hat-themed nonfungible tokens (NFTs) if they return nearly all of the funds they stole from the...

Crypto security experts raking in $430K salaries amid spike in hacks

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The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year.Speaking with Cointelegraph, blockchain recruitment firm CryptoRecruit...

AMM protocol SudoRare disappears from the internet with 519 ETH

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SudoRare, an automated-market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and social media accounts after reportedly making away with 519 Ether (ETH), worth...

Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers

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The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from Ether (ETH) into Bitcoin (BTC) using renBTC and Bitcoin privacy...

Ethereum advances with standards for smart contract security audits

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The Ethereum ecosystem continues to witness a flurry of activity that has individuals and organizations deploying token contracts, adding liquidity to pools and deploying smart contracts to support a...

Can Web3 be hacked? Is the decentralized internet safer?

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Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the...
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