security breach

On April 24, KiloEx, a decentralized finance (DeFi) platform, made a public statement that it would reimburse traders and stakers. This decision follows a $7.5 million exploit that prompted the platform to briefly go offline earlier in April. Bonus rewards for Stakers Along with giving full refunds to traders, the...

The ZK token launch was its way of celebrating the whole ZKSync ecosystem. The situation deteriorated quickly when a significant data breach resulted in a $5 million dollar hack. This incident exposed some massive vulnerabilities with the airdrop mechanism. It has instigated widespread community outrage and concern, leading to serious...

A civil lawsuit has been filed against Phantom Technologies, the company that developed the well-known Phantom Wallet. The lawsuit alleges that one significant security breach led to a theft of $500,000. It points to dangerous flaws in Phantom’s handling of user private keys. Despite the conclusion by Phantom that this...