hack

The realm of crypto is full of new opportunities and excitement, but with new opportunities come new risks. Security breaches and exploits are a sad reality that everyone is confronting these days. Being aware of these larger occurrences and how projects are addressing their impact is key. More recently, R0AR,...

KiloEx, an Indian crypto exchange witnessed a hacker exploiting vulnerabilities to steal approximately $7.5 million from the company’s funds. The company temporarily suspended operations to assess damage and announced it was launching an investigation with the help of specialists from cybersecurity and law enforcement agencies. In an unexpected turn of...

The KiloEx hack. $7.5 million gone, then… poof!… returned. A digital Robin Hood? Or a wolf in sheep's clothing? KiloEx was willing to provide a nice “whitehat” bounty, avoidance of legal action, and a slap on the back. Makes you wonder, doesn't it?Security Through Intimidation: Is It Right?Let’s face it,...

If caught, the FBI would be in pursuit of $35 million in stolen Bitcoin from the Bybit hack. A $1.4 billion hack. Let that sink in. That’s not just a data breach, it’s a financial earthquake that should be rattling Asia’s entire crypto foundation. This doesn’t just hurt Bybit, it...

The ZKsync hack. It’s more than a typical market headline, it’s a freezing bucket of water poured on the face of DeFi. And quite frankly, it’s the rude awakening we sorely required. None of us wants to see $5 million go poof. This incident has laid bare alarming flaws in...

We're told DeFi is the future. Our picture-perfect utopia A courageous new universe, liberated from the grip of Wall Street and political interference. The latter, a free-for-all digital utopia where you get to own your own assets. But let's be brutally honest with ourselves: the ZKsync hack just ripped the...

The rapidly evolving landscape of decentralized finance (DeFi) is full of innovation and promise, yet it continues to pose serious security threats. A couple of weeks ago, ZKsync—one of the most popular Layer-2 scaling solutions on Ethereum—suffered a security exploit. The ramifications of this incident resulted in the loss of...

Cryptocurrency is under constant cyber attack. Just last week, an exploit against ZKsync sent the whole community into an uproar. In this piece, we’ll explore the ZKsync hack and get to the bottom of what went wrong. We’ll address what it means for the crypto space at large and offer...

We're sold a dream, aren't we? Decentralized Finance. DeFi. The promise of a new financial world liberated from the caprices of central banks and shadowy corporate paypals. Let's be honest with ourselves: are we truly decentralized, or are we just swapping one set of centralized gatekeepers for another, slicker, more...

Ethereum’s price today is facing the stiffest resistance in recent weeks, just above the $1,700 level, and continuing to climb is no sure thing. The cryptocurrency’s price is currently sitting just over $1,590 on Wednesday after bouncing off some support at $1,449 last week and recovering marginally. This powerful economic...