Cybercrime in China – a Growing Threat for the Chinese Economy
Western publications often picture the People’s Democratic Republic of China (hereafter China) as the world’s chief propagator of cyberattacks. But the picture is much...
Qubit Finance Hacked for $80 Million
Qubit Finance, a major decentralized digital finance platform, was hacked for $80 million in cryptocurrency. The largest crypto-hack so far this year was initially...
How Blockchain Security Differs From Traditional Cybersecurity – 1 – Node...
Blockchain is a rapidly-evolving technology with a great deal of interest and investment. Decentralized Finance (DeFi), in particular, has a great deal of money...
Security Threats to Blockchain Networks – 2 – A Holistic Overview
The utopian view of the blockchain as an unhackable alternative to the status quo is a pipedream. Many traditional cyberattacks are effective in a...
What You Need to Know about the $460M MtGox Hack of...
The full story behind the first major crypto hack and how much really was lost.
MtGox was one of the very first platforms on which...
Trying to Solve the Mysterious $200M BitMart Hack
A missing pile of Safemoon and other cryptocurrencies, accusations of broken promises, and then nothing.
When a high-profile cyber attack takes place and hundreds of...
The Other Side of NFT – The Scams and the Threats
In November 2021, a popular Twitter user and cryptocurrency enthusiast @Oxflim tweeted about a particularly nasty incident that happened to him. He lost his...
Security Threats to Blockchain Networks – 5 – Consensus Attacks
Consensus Attacks: A Deep-dive
Where centralized systems operate on the basis of centralized permission, blockchain protocols proceed on the basis of decentralized consensus. While this...
Proof of Reserve vs. Proof of Liability vs. Proof of Solvency
Recent events like the FTX meltdown have sparked interest and conversations about how the incident could have been prevented. In the case of FTX,...
The 5 Most Common Crypto Scams and How to Avoid Them
The DeFi revolution presents new risks and challenges for innovators, regulators, cybersecurity experts and early adopters of the powerful technology. These are the top...
The Quantum Computing Threat
Recently, in the science journal Nature, Google claimed ‘quantum supremacy’ saying that its quantum computer is the first to perform a calculation that would...
$3.3M Hack of Profanity’s Vanity Ethereum Addresses
Ethereum custom addresses created via the Profanity tool have been hacked. Almost $3.3 million stolen from several custom ETH addresses. Attackers took advantage of...
Security Threats to Blockchain Networks – 4 – Network Attacks
Network Attacks: A Deep-dive
Network attacks are a class of exploits that focus on the isolation and manipulation of individual nodes or groups of nodes....
What the Biggest Blockchain Game’s Hack Reveals about the Future of...
Axie Infinity’s Ronin Bridge Hack for $551M worth of crypto assets could paradoxically lead to higher rates of blockchain adoption by showing that it’s...
BNB Chain Halted After Suspected Hack, $536M Compromised
BNB Chain has been halted after one of the biggest BNB holders started displaying erratic on-chain behavior, suggesting a hack.
At around 17:30 UTC the...
