Hacks
LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains
LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
DeFi protocols have been hackers’ favorite targets since 2021. Now hackers are preying on NFT projects, a blockchain intelligence firm says.
Web3 Security Company Ironblocks Takes Aim at Spate of DeFi Hacks
Ironblocks is the latest Israeli startup to build a protocol monitoring product.
Euler DeFi Protocol Exploited for Nearly $200M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC after the attacker conducted a flash loan attack.
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year.
Crypto Theft Rose in 2022 as Scams, Ransomware Bounty Fell: Chainalysis
2022 became a year of crypto thefts, but illicit transactions still account only for a meager share of all crypto activity, Chainalysis says.
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
The estimated value of stolen crypto assets ranges to as high as $1 billion.
Robinhood’s Twitter Account Promotes Scam Token on Binance’s BNB Chain in Unauthorized Posts
Block explorer BscScan shows roughly $16,000 flowed into the promoted coin.
6 Kinds of Crypto Scams and How to Avoid Them
Crypto hacks and exploits have cost people billions of dollars each year. Here’s how to make sure you’re not among them.
