Web3 Projects Suffer $2 Billion in Losses to Hacks, Rug Pulls, and Phishing Attacks In 2023, web3 projects experienced losses of over $2 billion due to…
A Decentralized Exchange on Osmosis Suffers $1.14 Million Hack A decentralized exchange (DEX) built on Osmosis (OSMO) has fallen victim to a hack, resulting in the…
Telcoin Freezes Use of Remittance App After Cybersecurity Breach Telcoin (TEL), a cryptocurrency project focused on remittances, has provided an update following a cybersecurity breach that…
Kyber Network Implements Staff Cuts Following Major Exploit Decentralized finance (DeFi) platform Kyber Network has announced that it will be reducing its staff by 50% in…
Curve Finance to Compensate Victims of Security Breach The decentralized finance (DeFi) protocol Curve Finance (CRV) has announced that it will compensate users who suffered losses…
Atomic Wallet Introduces Bug Bounty Program with $1 Million Prize Pool Atomic Wallet is taking steps to enhance the security of its platform by launching a…
Ledger Responds to Security Vulnerability Incident Hardware wallet manufacturer Ledger is taking action following a recent security vulnerability that was uncovered earlier this month. The company…
FTX Values Creditors’ Claims Based on Crypto Prices During Exchange Collapse New court documents reveal that FTX’s creditors will have their digital asset claims assessed using…
SafeMoon Files for Bankruptcy After Founder and Executives Are Indicted on Fraud Charges SafeMoon, a blockchain firm, has made the decision to file for Chapter 7…
