Socket Takes Rapid and Transparent Action Following $3.3 Million Breach Socket, a cross-chain protocol that enables interactions in the blockchain ecosystem, has acknowledged a security breach…
The Challenge of TrueUSD (TUSD) Depegging The stablecoin TrueUSD (TUSD) has deviated from its intended 1:1 peg with the U.S. dollar, causing concerns about its stability.…
Blockchain Interoperability Protocol Socket Reports Security Breach Socket, a blockchain interoperability protocol, experienced a security breach resulting in losses of over $3.3 million. The incident targeted…
Scam Sniffer Raises Alerts Over New Solana Phishing Scams A recent report from blockchain security platform Scam Sniffer has revealed a surge in sophisticated phishing attacks…
The Impact of Government Crackdown on Binance in India The acrimonious split between Binance and its Indian affiliate, WazirX, in 2022 seemed to leave Binance as…
Crypto Hacks May be Due to “Duct Tape” Code A recent report by SlowMist, a blockchain security firm, estimated that the total losses from the ten…
Orbit Bridge Exploited, Losing $82 Million An exploit was discovered on the Orbit blockchain network’s bridge protocol, resulting in the loss of $81.5 million in various…
Investigation Reveals $1.3 Billion Loss in HyperVerse Crypto Scam An investigation conducted by The Guardian has uncovered shocking details about HyperVerse, a crypto project that allegedly…
Over $1.8 Billion Lost to Web3 Security Incidents in 2023 A recent report from CertiK reveals that the crypto industry lost a staggering $1,840,879,064 to security…
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