In the fast-paced world of decentralized finance (DeFi), security is paramount. Recent news of a $13 million exploit targeting a smart contract linked to both GMX, a decentralized derivatives exchange, and Abracadabra, the platform behind the MIM stablecoin, sent ripples through the crypto community. The burning question on everyone’s mind: Was GMX itself compromised? Let’s […]
In a shocking turn of events for the decentralized finance (DeFi) space, smart contracts associated with popular platforms GMX and Abracadabra have been targeted in a significant exploit. Blockchain security firm PeckShield sounded the alarm on X, reporting a loss of approximately 6,260 ETH, translating to a staggering $13 million. This urgent news has sent […]
In the fast-evolving world of decentralized finance (DeFi), ensuring fairness and preventing malicious activities are paramount. Meteora, a prominent decentralized exchange (DEX) built on the Solana blockchain, is taking a decisive step in this direction. Announcing a groundbreaking initiative via X, Meteora is introducing a blacklist to safeguard the integrity of its MET token distribution. […]
In a concerning turn of events for the cryptocurrency community, prominent crypto media outlet Watcher Guru has reported a security breach of their official X (formerly Twitter) account. This news has sent ripples across the crypto sphere, raising serious questions about digital security even for established platforms within the industry. Let’s dive into what we […]
In the often volatile world of cryptocurrency, where trust is paramount, one major exchange continues to set a benchmark for financial responsibility. For an astounding 29 consecutive months, Binance, a leading global cryptocurrency exchange, has maintained a reserve ratio exceeding 100%. This remarkable feat, confirmed by on-chain analytics firm CryptoQuant, signals a strong commitment to […]
Are you tired of feeling vulnerable in the decentralized finance (DeFi) space? Imagine navigating the exciting world of crypto trading, only to be tripped up by sneaky tactics that drain your hard-earned funds. For users on Binance Smart Chain (BSC), this has been a painful reality, with sandwich attacks becoming a significant threat. But fear […]
Are you sleeping soundly at night, believing your cryptocurrency is safe and sound in the digital vaults of exchanges and protocols? Think again. Blockchain security expert ZachXBT has dropped a bombshell, claiming the crypto industry’s response to hacks and money laundering is not just weak – it’s “unbelievably cooked.” This stark assessment comes after his […]
In the ever-evolving world of cryptocurrency and blockchain technology, strategic partnerships are the lifeblood of innovation. Today, we’re thrilled to dive into a groundbreaking collaboration that’s set to redefine the landscape of AI, gaming, and blockchain security. Get ready to explore how CARV, a pioneer in AI chain ecosystems, is joining forces with ARPA Network, […]
Ever wondered how cybercriminals manage to clean their ill-gotten cryptocurrency gains? Brace yourselves, because North Korea’s infamous Lazarus Group has apparently taken crypto laundering to a whole new level of deception. Security experts are sounding the alarm about their latest tactic: faking trading losses to disguise illicit fund transfers. Let’s dive deep into this sophisticated […]
In a dramatic turn of events that underscores the ever-present threats in the digital asset space, leading crypto exchange OKX has announced the temporary suspension of its Decentralized Exchange (DEX) aggregator service. This decisive action comes in response to the detection of a sophisticated cyberattack attempt, attributed to the notorious North Korean hacking collective, the […]
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