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...
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...
$320M DeFi Hack
Wormhole, one of the largest bridges between Solana and other blockchains, has been hacked 120k wETH, or about $320M — making it the second...
Quantum Computing Risks to Cryptocurrencies – Bitcoin, Ethereum, and Beyond
Introduction
Cryptocurrencies like Bitcoin and Ethereum derive their security from cryptographic algorithms – mathematical puzzles that are practically impossible for classical computers to solve in...
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...
Security Threats to Blockchain Networks – 1 – Cyber Attacks Taxonomy
Cyber-Attack Strategies in the Blockchain Era - A Framework for Categorizing the Emerging Threats to the Crypto Economy
Market attacks
Rely on the mass-manipulation of investors...
How KuCoin Survived a Massive Hack of $285M Worth of Crypto...
When attacked, some crypto projects and exchanges buckle and fold under pressure; KuCoin set the standard in 2020 for how to react to crypto...
$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 – 6 – Wallet Attacks
Wallet Attacks: A Deep-dive
Wallets are a logical target for cyber-attacks, along with the emerging institutions that hold custody of them on users’ behalf. While...
$31 Million Hack of Meerkat Finance
On March 4, 2021 Binance Smart Chain-based yield farming protocol Meerkat Finance lost $31 million in user funds - just one day after launching...
How Blockchain Security Differs From Traditional Cybersecurity – 3 – User...
This article is the third in a four-part series exploring the differences between traditional IT security and blockchain security. Check out the first two...
Transit Swap Hacker Returned 70% of the Money
A hacker that stole $23 million from the decentralized exchange (DEX) Transit Swap today returned $16M, or about 70% of the stolen Ethereum and...
Diving into the $320M Wormhole Bridge Hack
The full story behind the exploit that led to the fraudulent minting of 120,000 wETH and threatened to crash Solana.
Early February of 2022 was...
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 Top 4 Supply Chain Security Risks of Blockchain Smart Contracts
Code reuse is considered best practice in software engineering. Reusing high-quality, secure code can speed development processes and often results in higher-quality code than...
