Security firms seek to make it more difficult for scammers to get away with DeFi project hacks
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The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert…
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A security breach targeting the bridging infrastructure in the IoTeX (IOTX) ecosystem reportedly resulted in the theft of over $8 million worth of cryptocurrency. Initial findings suggest the attack stemmed not from a smart contract error, but from the compromise of a single private key. According to on-chain data, the…
The Aave community has tabled a new tentative proposal that envisions a comprehensive overhaul of its approach to multi-chain growth. The proposal proposes revenue-boosting adjustments to underperforming networks, a complete shutdown of Aave V3 on some chains, and a minimum annual revenue floor requirement of $2 million for all future…
Super Sushi Samurai (SSS), a newly launched altcoin, has suffered a significant security breach. As of the latest update, SSS’s market value has dropped to $0.000000000002239, marking a devastating 99% decrease. Likewise, its 24-hour trading volume spiraled down to $9,570.9. Altcoin Super Sushi Samurai (SSS) Exploited The breach was first…