The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks.
Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said.
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain.
How the Bitcoin Halving Could Affect Network Security
After the block reward drops to 3.125 bitcoins, miners could power down their less efficient machines.
Digital Assets Innovation Needs to Balance Decentralization and Security
The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that.
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination.
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
DeFi Has a Risk Problem and It’s Time to Solve It
OpenAI launches ‘Preparedness team’ for AI safety, gives board final say
OpenAI said its new “Preparedness Framework” aims to help protect against “catastrophic risks” when developing high-level AI systems.
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied.
NFT Trader’s stolen Apes returned after bounty payment
The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano.
KyberSwap exploiter linked to $50M HXA token movement
Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders.
Elon Musk’s xAI files with SEC for private sale of $1B in unregistered securities
“Spicy” AI chatbot Grok hasn’t been seen by the public yet, but it’ll be worth plenty after this securities issue.
New Jersey bill would make crypto sold to institutional investors a security
The bill complements one already on the governor’s desk that regulates digital assets owned by individuals.
Web3 firm detects major security flaw in common smart contracts
A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb.
US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. Securities and Exchange Commission (SEC).