2020-9-11 16:00 |
Before we run to build more DeFi products, let’s first walk to improving the underlying infrastructure.
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Two headlines hit the internet within hours of each other this week, and together they map the current state of DeFi’s security theater. StakeWise DAO executed contract calls to recover approximately $19.
A forfeiture complaint shared by blockchain detective ZachXBT revealed that the $150 million hack suffered by Ripple co-founder Chris Larsen resulted from private keys stored in the password manager LastPass, which was compromised in 2022.
Safe published a preliminary report on Mar. 6 attributing the breach that led to the Bybit hack to a compromised developer laptop. The vulnerability resulted in the injection of malware, which allowed the hack.
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol’s unofficial lead developer, is stepping down.
Cryptocurrency-related hacks resulted in nearly $74 million in losses in January 2025, marking a staggering ninefold increase from December, according to a new report from Immunefi. The sharp rise came despite a nearly 45% year-over-year decline compared to January 2024, when losses totaled $133 million.
The Singapore High Court has approved Zettai Pte Ltd’s request to convene a meeting with creditors of the crypto exchange WazirX, allowing the company to present its restructuring proposal. The decision is a critical step in Zettai’s efforts to address debts and recover from the $230 million hack of WazirX linked to North Korea’s Lazarus […] The post Singapore court backs WazirX plan for post-hack revival appeared first on CryptoSlate.
Japan, South Korea, and the US warned the global crypto industry about threats posed by hacks attributed to North Korean actors in a joint statement published on Jan. 14. According to the statement, groups allegedly tied to the Democratic People’s Republic of Korea (DPRK) are targeting exchanges, crypto custodians, and individual users.