security

Is MEXC’s $100 million user protection fund true safety net? Or is this just the latest, most artfully choreographed crypto theater, designed to placate our nervous hearts in this wild new market? Let's be real: in the Wild West of crypto, trust is the most valuable commodity. And right now,...

We in DeFi like to finger-wag, we like to congratulate ourselves on immutable smart contracts and decentralized governance. We sweat the details down to the last line of code. With every audit, we are made increasingly sure that the decisive security battle is not lost nor won in that place....

So, law enforcement’s [clink above to cop blog post] big victory here is the takedown of eXch.cx. This crypto exchange was recently charged with actually laundering almost $2 billion. The German BKA, in conjunction with Dutch authorities, seized servers, data, and a nice €34 million in crypto. But dig down...

Now imagine waking up one morning, checking your crypto portfolio, and finding out that your balance is zero. Gone. Vanished. You haven’t lost your financial shirt because of a bad strategic investment. Instead, a shadowy trade such as eXch cleaned the proceeds through a hack that drained your funds. This...

The crypto world is fast moving and changing, and so too are the regulations and enforcement actions that surround it. Recently, German authorities made headlines by seizing €34 million in cryptocurrency from the eXch crypto exchange, effectively shutting it down. This event has extremely wide-reaching effects across the crypto community....

Imagine this: A single mother in Bangalore, saving for her daughter's education, falls prey to a sophisticated crypto scam promising unbelievable returns. She invests all her life savings, only to watch it disappear in the digital ether. Days later, she defaults on her mortgage. Weeks later, her daughter was forced...

The takedown of eXch is a big win. That crypto laundering hub, Bitzlato, was moving almost two billion dollars in illegal activity. Credit where it's due: German and Dutch law enforcement, along with the tireless work of on-chain sleuth ZachXBT, deserve serious accolades. This demonstrates that international cooperation and high-precision...

I've seen it happen too many times. A DeFi protocol gets hacked and exploited, and billions are lost. Without demonstrating any compassion, the community rushes to play the blame game, looking for someone to punish. The hack of Voltage Finance, and the fallout that immediately followed it, is a perfect...

Imagine waking up one day, looking at your crypto wallet and seeing that it’s been completely drained. It’s not a glitch, it’s not a market correction, it is a dark, bottomless, chasmic abyss where your deeply appreciated investments once were. This isn’t some hypothetical crypto dystopia, it’s the harsh reality...

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...