News about SECURITY

News about Security

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility...

Bitcoin Security / Maths - old video but still one of the best I've found ( Bitcoin 101 - Quindecillions & The Amazing Math Of Bitcoin's Private Keys )

Thought I'd share this for some of the newbies coming into this cycle. I found it super useful when I got started in Bitcoin. https://www.youtube.com/watch?v=ZloHVKk7DHk It explains how public and private keys work and the odds of getting hacked/...

Crypto market gains momentum led by Bitcoin & RebelSatoshi despite Aurory Protocol security breach

In the fast-paced world of cryptocurrencies, Aurory, a gaming platform on the Solana blockchain, recently faced a significant security breach.& Meanwhile, the broader crypto market is gaining momentum, with Bitcoin and RebelSatoshi leading the c...

Seeking Insights from Bitcoin Users: Wallet Preferences & Security

Hello Bitcoin Community, I’m exploring user preferences and security perceptions in the Bitcoin wallet landscape, and I’d appreciate your insights. Whether you’re a long term hodler, a seasoned trader, a casual user, or somewhere in between, your exp...

How's security solved on high level (such as Microstrategy, or Coinbase's custody for ETF)?

Considering that no matter what amount of BTC, it always hides behind 24 seed phrase (+ potentially 1 additional word), how do you secure Bitcoin worth billions of dollar? How do you eliminate single point of failure etc.? I know Shamir solved this...

Catalyx Grapples with Security Breach in Canada: Operations Temporarily Frozen

CatalX CTX Ltd., the company behind the Canadian crypto exchange Catalyx, has taken the unprecedented step of suspending all trading, deposits, and withdrawals in the wake of a security breach. The breach has reportedly resulted in the loss of some c...

Canadian Crypto Exchange CatalX CTS Ltd. Announces Security Breach, Loss of Crypto Assets and Ongoing Investigation

submitted by /u/drjacks [link] [comments]

Thunder Terminal's Rapid Response to $240,000 Hack: Security Measures and Hacker's Ransom Demand

Thunder Terminal exploited 114 wallets, causing $240,000 in damages. Users were promised refunds and additional credits, but the hacker disputed these claims and demanded a ransom. (Read More)

Vitalik Buterin’s new proposal would cut Ethereum’s security

submitted by /u/castorfromtheva [link] [comments]

Is This Chinese College Kid Crypto Royalty? $6 Million Mine Raises Security Concerns

In an unexpected turn of events, legal fights have shown that a Chinese college student owns most of a cryptocurrency mining facility in the panhandle of Texas. Recent lawsuits have shown that the complex web of transactions goes to Jerry Yu, an Amer...

Security Gains in Cryptocurrency, Yet $2 Billion Lost to Scams and Hacks

In a recent report released by security app De.Fi, researchers revealed that cryptocurrency users lost nearly $2 billion to scams, rug pulls, and hacks in 2023. Although this represented a significant reduction from the previous year, it underscores...

SocialFi platform RepubliK integrates Fireblocks to enhance its Web3 security

RepubliK is a SocialFi platform for the creator economy in Web3, powered by native token RPK. The platform has integrated with Fireblocks, an institutional-graded blockchain infrastructure provider. RepubliK will tap into Fireblocks’ technolog...

[Newbie] Can VPN's Impact The Privacy/Security Of Wallets/Addresses

Say you are using one of these "offshore" VPN providers... Is there any way in which they could snoop/steal or even identify/tie your identity to your crypto transactions? I am still new to all this crypto related stuff, so bear with me and...

Wallet security

I’m not knowledgeable about how wallet security works, I would appreciate some feedback regarding this issue. You always hear keep your passwords secure etc etc…can’t scammers create password generators to hack into a wallet? if its only 12 words you...

Critical Security Vulnerability in OKX iOS App: CertiK's Urgent Update Advisory

CertiK issued a high-priority alert for OKX iOS app users, urging an immediate update due to a discovered critical RCE vulnerability that poses a serious threat to data and asset security. (Read More)

Ledger Responds to Connect Kit Exploit With Reimbursement Plan, Security Overhaul

In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $600,000 in assets were stolen from users due to an exploit involving b...

Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security

A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline. (Read More)

Blockchain Association’s Employment of ‘Small Army’ of Former Security Officials Angers US Senator Elizabeth Warren

U.S. Senator Elizabeth Warren has criticized the Blockchain Association’s use of former security officials to push back against her attempts to link crypto to terrorism funding. Warren claimed that the ease with which U.S. officials can leave their p...

P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted

Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 mill...

Security Engineer Pleads Guilty To $12 Million Crypto Exchange Hack

An unidentified decentralized crypto exchange and Nirvana Financial, a decentralized financial yield protocol, were both compromised in a hacking incident, which a software engineer admitted to. A maximum five-year prison term awaits him for wire fra...

Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework

On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security pract...

Bitget rolls out mandatory KYC to enhance platform security

Bitget says mandatory KYC will align the exchange with global financial regulations and underscore its tier1 status. KYC verification is one of the measures aimed at enhancing protection for users, including against theft and fraud, Bitget said. Ver...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto