Security
Digital Assets Innovation Needs to Balance Decentralization and Security
The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that.
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022.
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.
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 .
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
Mixin Network Losses Nearly $200M in Hack
Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.
‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood
Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere.
SOMA Finance to Issue the First Retail Compliant Digital Security
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.
