Exploits

Staying Safe: Protecting ETH and Polygon Users from a Latest NFT Scam

Daniel LyconSep 20, 20232 min read

Protecting Yourself from the Voucher NFT Scam As crypto continues to gain popularity, it’s important to stay vigilant against scams that can rob you of your…

Balancer DeFi Protocol Suffers Another Exploit, Resulting in $238,000 Loss

Bernard NicolaiSep 20, 20232 min read

The Balancer DeFi Protocol Faces Attack and Theft The decentralized finance (DeFi) protocol Balancer recently experienced a security breach, leading to the theft of approximately $238,000…

Understanding the SEC’s Severe Response to Ponzi Schemes Based on ‘Affinity Fraud’

Bernard NicolaiSep 19, 20233 min read

The SEC Pursues Enforcement Action for Securities Fraud The Securities and Exchange Commission (SEC) has charged a resident of Richmond, California, for orchestrating a securities fraud…

Proposed by Ethereum Developers: Introducing ERC-7512, a Novel Standard

Gapster InnesSep 19, 20233 min read

Enhancing Smart Contract Security with ERC-7512 Proposal In the first half of 2023, approximately $667 million was drained from digital wallets due to DeFi scams and…

August Sees a Decline in Crypto Exchange Volumes to $52 Billion

Noah RyptonSep 17, 20233 min read

Trading Volumes on Centralized Exchanges Decline in August According to VanEck’s monthly crypto market recap, trading volumes on centralized exchanges dropped to $52.8 billion in August,…

Public Release of Binance’s opBNB Mainnet

Cyrus DaileySep 15, 20233 min read

BNB Chain Developers Release opBNB, an EVM-Compatible Layer 2 Solution After months of testing and a partial mainnet launch in August, BNB Chain developers have finally…

Unveiling On-Chain Connections in 5 Major Exploits: Lazarus Group Strikes Once More

Owen PatterSep 14, 20233 min read

CertiK Reveals Lazarus Group’s Involvement in Web3 Breaches CertiK has uncovered transactions linking the recent breaches at Atomic Wallet, Alphapo, CoinsPaid, Stake.com, and CoinEx to the…

Alleged Involvement of Lazarus Group in the $54 Million CoinEx Hack Revealed

Noah RyptonSep 13, 20233 min read

Lazarus Group Suspected of Hacking CoinEx Crypto Exchange According to blockchain security experts SlowMist and on-chain sleuth ZachXBT, Lazarus Group, a hacker group believed to be…

Spammers inundate cryptocurrency exchanges with counterfeit GALA tokens

Noah RyptonSep 13, 20232 min read

A Recent Upgrade in GALA Token Contract Address Opens Loophole for Hackers A recent upgrade in the GALA token contract address has created a vulnerability that…

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