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Attacks
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .
Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted
The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Köppelmann.
Ethereum Bot Gets Attacked for $20M as Validator Strikes Back
The incident raises questions about whether validators can be trusted, one former member of the Ethereum Foundation said.
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
Paradigm Leads $11.8M Funding Round Into Web3 Firewall Blowfish
Blowfish aims to help wallets and custodians protect users with real-time warnings and human-readable transaction context.
IRA Financial Sues Gemini Over $37M Crypto Heist
The lawsuit corroborates earlier reporting that hackers deployed a police SWAT team as “a ruse to distract IRA employees” on the day of the attack.
Returned Funds, Blacklisted Tokens Raise More Questions Than Answers in DeFi's Biggest Hack
The Poly Network attacker has returned $342 million of their $613 million haul. Should token issuers freeze the rest?
Crypto Panhandlers Beg Poly Network Attacker for Share of $613M Haul
First came the attack. Then came the moochers.
Crypto Lending Platform BlockFi Attacked With Flood of Fake, Abusive Sign-Ups
The malicious spree involved offensive language being placed in the first and last name fields on the account registration page.
