crypto security

The third quarter of 2023 has exposed significant security vulnerabilities in the cryptocurrency sector, with a staggering 117 hacks leading to a cumulative loss of $720 million. Hacken's comprehensive review of De.Fi's REKT database for the third quarter of 2023 highlighted that while...

Maika Isogawa, CEO of Webacy will be speaking at the upcoming Benzinga Future Of Digital Assets. Mark Nov. 14 on your calendar for the must-attend gathering in the fintech industry! The crypto revolution has come a long way since the inception of Bitcoin over a decade ago. What...

A counterfeit token mimicking the genuine Aptos (CRYPTO: APT) token led to a temporary suspension of its services on the Korean exchange Upbit. This was due to some individuals successfully depositing and withdrawing the imitation coin. Data from the blockchain revealed this fake token,...

Mixin Network founder Feng Xiaodong addressed the staggering $200-million hack at the decentralized wallet service provider. Half of users assets would be protected, he explained. It remains unclear, however, what the fate is of the other half of the assets. “No matter what your assets...

A research paper authored by Ethereum (CRYPTO: ETH) co-creator, Vitalik Buterin, and four other contributors, proposes to enhance the transparency and trustworthiness of the cryptocurrency market, elucidating the significance of "privacy pools" and how they can play a...

Recent high-profile hot wallet breaches have sent shockwaves through the crypto community, prompting industry experts to weigh in on potential security lapses and the urgent need for enhanced cybersecurity measures. Benzinga spoke to experts who highlighted the significance of robust...

Maika Isogawa is the founder and CEO of Webacy, a crypto security company that helps users protect their digital assets, particularly with self-custody and cold storage solutions. Isogawa also acts as the public face of the company by contributing articles and podcasts on its site....

Mudit Gupta, the chief information security officer of Polygon (CRYPTO: MATIC), a layer-2 scaling solution, shared his insights on the challenges of practical security in the blockchain and cryptocurrency industry.  During his talk at the Ethereum Community Conference, he highlighted the gap...

Cryptosat has joined forces with Dfns Labs, the research division of web3 wallet infrastructure and security firm Dfns, to develop and test a so-called “Space Wallet.” The wallet, engineered to safeguard high-value transactions, utilizes an innovative threshold signature scheme with a...

In a major move, Tether Operations Limited, the company behind the stablecoin Tether (CRYPTO: USDT), has announced the launch of its US dollar-pegged tokens on the Kava (CRYPTO: KAVA) blockchain. Kava is known for its scalability and speed, making this a significant addition for Tether....

The first quarter of 2023 saw a remarkable 70% decrease in cyberattacks on crypto projects and token protocols as compared to the same period last year, Coindesk reported citing security firm TRM Labs. Lower amounts were stolen in the first three months of 2023 compared to any quarter of 2022 due...