Needed: A massive education project to fight hacks and scams
The common narrative around the prevailing threats to mainstream adoption of cryptocurrencies is that regulators will put the kibosh on their legality, it has to get much easier for...
FinCEN associate director says his agency has its eyes on DeFi projects
Written by Tonya Riley May 19, 2022 |...
DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
Blockchain analytics firm Chainalysis has released a new tool to track transactions across decentralized finance (DeFi) protocols and multiple blockchains.Chainalysis launched a beta version of its Storyline software on...
Axie Infinity’s Discord bot compromised, hackers issue fake minting message
Axie Infinity, the popular play-to-earn nonfungible token (NFT) game, faced another attack on its Discord server earlier on Wednesday, leading to a compromise of its MEE6 bot.MEE6 is a...
Crypto giants co-launch Chainabuse platform to water down rising scams
Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam reporting tool. Named Chainabuse,...
Etherscan, CoinGecko warn against ongoing MetaMask phishing attacks
Popular crypto analytics platforms Etherscan and CoinGecko have parallelly issued an alert against an ongoing phishing attack on their platforms. The firms began investigating the attack after numerous users...
DeFi attacks are on the rise — Will the industry be able to stem...
The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control.According...
Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach, and more
The past week in the decentralized finance (DeFi) ecosystem saw many new developments from an adoption perspective and protocol developments. The European Commission added a new chapter on DeFi,...
Treasury sanctions virtual currency mixer Blender for money laundering
Written by Suzanne Smalley May 6, 2022 |...
Cryptocurrency regulators are scrambling to catch up with hackers who are swiping billions
Written by Tonya Riley May 6, 2022 |...
