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Compound DAO vote to pay developer for major bugfix falls 15,000 votes short of quorum
By all appearances, pseudonymous developer 'KP' did everything right after discovering a vulnerability with Compound COMP +0.77% 's v3 protocol, also known as Comet. The vulnerability would've…
Tether freezes all OFAC-sanctioned wallets in ‘proactive’ security measure
Tether, the company behind the world's largest stablecoin, has frozen the wallets of individuals sanctioned by the U.S. Office of Foreign Asset Controls (OFAC), the company announced today. In its…
KyberSwap Exploiter Distributes $50M to Largest HXA Token Holders
In a recent communication, the prominent blockchain security firm Cyvers reported a concerning development related to the recently exploited platform KyberSwap, renowned for facilitating crypto assets…
Criminal Drains 95 Year-Old Woman’s Bank of America Account – Now Bank Wants $4,237 in Overdraft…
A 95 year-old woman says she’s going through a nightmare scenario, with scammers draining her account and the bank demanding she repay thousands of dollars stemming from the criminal’s spending spree.…
Smart contract exploit in TIME token leads to $188k loss
According to CertiK, the TIME token was exploited recently, resulting in a loss of approximately $188k. The attack began with the exploiter converting 5 ETH to Wrapped Ether (WETH), and then trading…
MetaMask expands global reach with new partnerships in six countries
MetaMask broadens its global presence with key partnerships in Vietnam, the Philippines, Indonesia, Thailand, Egypt, and Chile. In a Dec. 8 post on X, MetaMask, a well-known software cryptocurrency…
Uranium Finance hacker may have cashed out via ‘Magic: The Gathering’ cards, ZachXBT…
A hacker that exploited the Uranium Finance DeFi platform in 2021 may have used "Magic: The Gathering" trading cards to try and launder their loot after running it through the Tornado Cash mixing…
Elon Musk Has Important Message for Cryptocurrency Holders
"Not your keys, not your wallet" is probably one of the most important rules of the cryptocurrency industry that investors should always keep in mind, a sentiment recently echoed by influential…
Rewarding Hackers With Bug Bounties ‘Inherently Creates a Moral Hazard’ Says Expert
Rewarding hackers who agree to return a portion of the stolen funds not only “creates a moral hazard” but potentially “leads to more security breaches,” a Web3 expert has argued. The recent attacks on…
Crypto Sleuth Uncovers Complex Tornado Cash Money Laundering Activity
Crypto digital detective ZachXBT discovered a suspicious account that has allegedly been laundering funds via digital asset mixer Tornado Cash and spending the bulk of the assets on the acquisition of…