security

To address these issues, Credefi has launched Module X, a mechanism aimed at improving security and reward distribution for participants in the staking landscape. Module X is critical in assuring long-term loan security. It provides a buffer for investors when defaults happen and it undergirds the rewards with the actual...

Five million dollars. That’s the headline number from the recent ZKsync exploit. But the real cost? This has created an unanticipated chasm of eroded trust in Asia’s rapidly evolving crypto landscape. We cannot simply armwave this away as a typical DeFi disaster. This is a systemic warning.These days, the news...

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...

The KiloEx exploit that recently K.O.’d so much of the DeFi ecosystem. A deep, foul smell of something rotten is permeating the DeFi ecosystem. In a shocking twist, $7.5 million vanished. It wasn’t stolen through advanced hacker wizardry; rather, it was taken through exploiting a somewhat rudimentary manipulation of the...

KiloEx, a decentralized finance (DeFi) platform, tools and liquidity operations have been suspended. This decision comes on the heels of a severe security breach that resulted in losses of around $7.5 million. The attack, which was blamed on oracle manipulation and cross-chain vulnerabilities, sheds light on the systemic risks that...

MetaBlockX.com enables you to explore the digital asset universe with clarity and confidence. Experience accuracy-focused price predictions, live Bitcoin charting, intelligent staking recommendations, and valuable security advice.The decentralized finance (DeFi) space recently experienced another high-profile hack. KiloEx, a decentralized exchange (DEX), recently suffered an exploit. As a consequence, it ended...

The blockchain security landscape is rapidly becoming more advanced, requiring innovative new mechanisms to defend against ever-more-complex threats. Traditional security audits, though very useful, can be hard-pressed to stay ahead of the intensity and complexity of today’s cyberattacks. Here’s how Octane is making moves to address this challenge. To further...

Octane, a new cybersecurity startup dedicated to categorizing and protecting smart contracts, closed a successful seed funding round just last week. Archetype and Winklevoss Capital spearheaded this phenomenal financial accomplishment. The company intends to use the new capital to expedite product development, boost hiring, and scale-label vulnerability data.Founded by Giovanni...

Winklevoss twins While famously making a few big bets of their own. They recognized its potential early on and launched Gemini. Now, through Winklevoss Capital, they’re investing in Octane, a cybersecurity startup that’s using AI to protect blockchain code. Is it all good news? Are we just carelessly rushing into...

And that’s why the news that Octane Security, the Twin Cities-based cybersecurity startup, has raised a $6.75 million seed round isn’t your ordinary funding announcement. It's a signal. A signal that the blockchain industry, often romanticized as this decentralized, immutable utopia, is finally facing its biggest challenge: security. And it’s...