hacks

Crypto Losses Surge to $357 Million in April Due to Hacks and Scams

Crypto Losses Surge to $357 Million in April Due to Hacks and Scams

Just last April, in fact, the fast-booming cryptocurrency sector took its biggest spill. It further lost an estimated $357 million to hacks, scams, and exploits. Of the total losses, phishing attacks were responsible for the majority of the losses, $318 million. This enormous uptick represents a troubling maturation of these...
DeFi Hacks: Is Loopscale Bounty Model Sustainable?

DeFi Hacks: Is Loopscale Bounty Model Sustainable?

Loopscale is still celebrating with its partial recovery of money and victory. This success is made possible thanks to a 10% bounty offer. Before we uncork the champagne, let's ask a tougher question: Are we setting a dangerous precedent? Are we truly rewarding criminal behavior here and actually incentivizing more...
DeFi Bridges in 2025: Navigating Chains, Hacks & Regulations

DeFi Bridges in 2025: Navigating Chains, Hacks & Regulations

Crosschain bridges have turned into crucial infrastructure in the web3 ecosystem. They enable users to easily transfer assets and information across disparate blockchains, unlocking the true power of the decentralized universe. As the DeFi landscape continues to change rapidly, it’s important for anyone participating in the crypto space to know...
DeFi Bridge Hacks 2025: Are We Doomed to Repeat History?

DeFi Bridge Hacks 2025: Are We Doomed to Repeat History?

We’ve all been hearing about that sweet, sweet interoperability lately in DeFi. The potential of easily transferring assets between chains, opening access to new markets, and optimizing yields is just plain irresistible. Bridges, those digital arteries linking far-flung blockchain ecosystems, are meant to be the solution. Let's be brutally honest...