security

On March 21st, the Ethereum modular execution layer Fuel launched the third public test network Beta-3. The new test network added a P2P network, introducing the ability to synchro

According to news, according to CertiK monitoring, the Discord server of The Art Bankers project has been compromised, and hackers have released phishing links. Do not click on any

On March 20th, the blockchain game platform Gala Games announced that it would sue pNetwork on behalf of pGala victims. Gala Games stated that due to its negligence, pNetwork cause

According to reports, according to official news, Filecoin announced an update to its vulnerability reward plan, increasing the award for key issues to $500000, and including progr

According to reports, Coinbase stated in a report that after the recent turmoil in the US banking industry, the medium to long-term prospects of the cryptocurrency market have been

On March 20th, 0xngmi, the anonymous founder of DefiLlama, an online data analysis website, posted a message on social media to clarify that nothing on the platform had been hacked

According to reports, Whale Alert data shows that 40000000 CRVs (valued at approximately $41587614) have been transferred from Aave to unknown wallets. 40000000 CRV transferred from Aave to unknown wallet Analysis based on this information:Whale Alert, a blockchain transaction tracking platform, has revealed that a staggering 40 million CRV tokens, equivalent to over $41 million, have been transferred from Aave to unknown wallets. The data has raised concerns among market participants, who fear that the transfer may indicate a security breach in the Aave decentralized finance (DeFi) protocol. Aave is one of the most popular DeFi lending and borrowing platforms, allowing users to earn interest through lending their cryptocurrencies or borrowing them from others. The platform also has its native token, AAVE, which has experienced a meteoric rise in value in recent months. However, while the platform has been gaining popularity, it has also caught the attention of hackers who are eager to exploit any vulnerabilities in the system. Whale…

On March 17th, BlockSec tweeted that it had blocked an attack on the NFT lending agreement ParaSpace, saving 2900 ETH assets, and hoped that ParaSpace would contact it as soon as possible. BlockSec: Blocked an attack on ParaSpace and saved 2900 ETH assets Analysis based on this information:On March 17th, BlockSec, a company specializing in blockchain security, tweeted that it had successfully blocked an attack on ParaSpace, a lending platform for non-fungible tokens (NFTs). The company was able to save 2900 ETH assets, and asked that ParaSpace contact them as soon as possible. This message indicates the importance of blockchain security, particularly in the realm of NFTs. NFTs have gained significant attention recently as a means of digital ownership and asset transfer. However, just like any other type of digital asset, NFTs are vulnerable to security threats such as hacking and theft. ParaSpace, as a platform that facilitates NFT lending, would have a significant amount of valuable assets that could…

According to reports, ParaSpace, the NFT lending agreement, officially stated that due to the team’s observation of suspicious transaction operations, the ParaSpace agreement has been suspended for security reasons, and users cannot conduct any transactions (withdrawals, deposits, and settlements). ParaSpace: For security reasons, currently users cannot perform any transactions Analysis based on this information:ParaSpace has officially announced the suspension of their NFT lending agreement due to the observation of suspicious transaction operations in their platform. Users are no longer able to conduct any transactions such as deposits, withdrawals, or settlements until further notice. The suspension comes as a precautionary measure to protect the security of the platform and its users. The NFT lending space has been gaining popularity recently, with platforms like ParaSpace offering lending options for NFT owners. This allows NFT owners to use their digital assets as collateral to obtain loans. However, the new and unregulated nature of the industry also makes it vulnerable to fraud or hacking…

On March 17th, in a series of tweets released today, Michael Bentley, CEO of Euler Labs, described the “toughest days” of his life after Euler’s $197 million flash loan attack on March 13th. He forwarded a message shared by a user stating that Euler had 10 audits from 6 different companies, and commented that the platform “has always been a security conscious project.”. From May 2021 to September 2022, blockchain security companies such as Halborn, Solidified, ZK Labs, Certora, Sherlock, and Omnisica conducted smart contract audits on Euler Finance. CEO of Euler Labs: The protocol underwent 10 audits in two years before being attacked Analysis based on this information:The CEO of Euler Labs, Michael Bentley, has shared his thoughts on the recent flash loan attack that resulted in the loss of $197 Million. In a series of tweets released on March 17th, Bentley described the aftermath of the attack as the “toughest days” of his life. Euler Labs is a…

It is reported that according to CertiK monitoring, the black address 0x9D3B5 marked as “Nimbus Platform Explorer 2” by Bscscan… has transferred the funds to Tornado Cash. So far, Nimbus Platform attackers have transferred 278 BNBs (approximately $91000). The black address marked “Nimbus Platform Explorer 2” by Bscscan has transferred funds to Tornado Cash Analysis based on this information:The rise of cryptocurrency has been a game-changer in the world of finance. The decentralized nature of these currencies makes them attractive to users as they provide anonymity and flexibility, without the need for a central authority. However, this new technology has also brought with it new risks and vulnerabilities. One of these vulnerabilities lies in the ability of hackers to use Tornado Cash to launder money stolen from unsuspecting victims. Tornado Cash is a decentralized, non-custodial, and privacy-focused Ethereum mixer that enables users to send and receive Ethereum in a way that is virtually untraceable. The service takes advantage of zero-knowledge…

It is reported that Hardware Wallet Ledger has launched a browser plug-in that aims to provide a similar experience to encrypted wallets such as MetaMask. Ledger stated that it is not a hot wallet, but a cold wallet that allows users to interact directly using DApp via Bluetooth. In addition, it has two functions to ensure the security of users when interacting with encrypted applications: analyzing smart contracts and warning users if the transaction may be malicious, and simulating the transaction to show how it will affect the wallet. Ledger Launches Browser Plugins to Support Direct User Interaction Analysis based on this information:Hardware wallet Ledger has launched a new browser plug-in aimed at offering its users a safe and secure way to interact with decentralized applications (DApps) through the company’s cold wallet. The plug-in is designed to mimic the experience that users would typically have when using encrypted wallets, such as MetaMask. Despite the similarities, Ledger has made it clear…

According to official news, Chaine Finance has partnered with Arculus of CompoSecure to launch a self hosted hardware cold wallet aimed at providing secure and easy-to-use protection measures for digital assets. Arculus hardware cold wallet uses the best CC EAL6+security components, and multiple hardware-based authentication ensures the security of private keys. Communicate with Chaine Wallet via encrypted NFC connection to achieve touch trading without using Bluetooth, USB, or other data cables. Chaine Finance and CompoSecure Cooperate to Launch Self Managed Hardware Cold Wallet Analysis based on this information:Chaine Finance has recently partnered with Arculus of CompoSecure to launch a self-hosted hardware cold wallet, designed to ensure secure and easy-to-use protection measures for digital assets. The need for this service comes from an increasing concern of digital asset protection, especially with the rise of cryptocurrency and blockchain technology. The Arculus hardware cold wallet utilizes the best CC EAL6+ security components, creating a multi-layered approach to secure technology. The private keys are…

On March 15, Zhao Changpeng, CEO of Coin Security, tweeted that the statement “cryptocurrency is not secure” was incorrect. In fact, the transparency of blockchain is a feature, not a vulnerability. Trusted encryption services and platforms have the same or even better security as traditional finance/KYC/AML. Zhao Changpeng: “Cryptocurrency is not secure” is a misunderstanding. The security of trusted encryption services is better than traditional finance Analysis based on this information:The issue of security in the world of cryptocurrency has long been a topic of contention. While some individuals argue that virtual currencies such as Bitcoin are safe and secure, others believe that the absence of physical assets and regulations make them vulnerable to attacks. Zhao Changpeng, CEO of Coin Security, recently made a statement on the matter, which sparked a debate among cryptocurrency enthusiasts. According to Changpeng, the notion that cryptocurrency is not secure is inaccurate. He claimed that the transparency of blockchain technology, which is the backbone of…

According to reports, in response to inquiries related to the Silicon Valley Bank incident, Ripple’s partner Airwallex Air Cloud Remittance officially released a statement confirming that the security of customers’ account funds in Airwallex Air Cloud Remittance was not affected by the Silicon Valley Bank incident. The company is connected to global systemically important banks (GSIBs) and leading financial institutions, including JPMorgan Chase, Standard Chartered Bank, Barclays Bank, etc, Ensure the stability and security of funds. Ripple Partner Air Cloud Remittance: The security of customers’ funds is not affected by the bank incident in Silicon Valley Analysis based on this information:As reported, Ripple’s partner, Airwallex Air Cloud Remittance, has released a statement confirming that the security of customers’ account funds in their platform has not been affected by the recent incident involving Silicon Valley Bank. The company assures its customers that they are fully connected to global systemically important banks (GSIBs) and other leading financial institutions like JPMorgan Chase, Standard…

On March 14, Brian Armstrong, CEO of Coinbase, said in the latest Bankless podcast interview that Coinbase’s pledge plan was not a security, so he would defend the pledge mechanism and defend its rights and interests in court. In addition, Brian Armstrong also revealed that Coinbase was considering selecting several derivatives. The exchange had been cooperating with the United States Commodity Futures Trading Commission (CFTC) to promote the online operation of its derivatives platform as soon as possible, which would also become a major event in the United States encryption market. Coinbase CEO: is cooperating with the CFTC of the United States to launch the derivatives platform as soon as possible Analysis based on this information:Brian Armstrong, CEO of Coinbase, spoke in detail about the company’s pledge plan, derivatives platform, and cooperation with the Commodity Futures Trading Commission (CFTC) during his latest Bankless podcast interview in March. Armstrong reinforced his confidence regarding the pledge mechanism, stating that it was not…

On March 14, according to Halborn, a network security company, it is estimated that 280 or more blockchain networks are exposed to the risk of “zero day” vulnerabilities, which may put at least $25 billion worth of cryptocurrency at risk. Security companies: more than 280 blockchains are exposed to the risk of “zero day” vulnerabilities, at least worth $25 billion Analysis based on this information:The rise of blockchain technology has revolutionized the way we think about the security and transparency of transactions. However, as with any technology, there are always risks associated with its use. One of the most significant risks facing the blockchain industry is the threat of zero-day vulnerabilities. Recently, Halborn, a network security company, released a report indicating that at least 280 blockchain networks are exposed to this risk, potentially jeopardizing over $25 billion worth of cryptocurrencies. Zero-day vulnerabilities are issues within a system that are unknown to its developers and have not yet been patched, making…

According to reports, the Celsius Network said on Twitter that it had submitted an update on the cash management system. Celsius believed that all requests for transferring funds from the Signature Bank would be met without any loss of funds. Celsius would also continue to strive to maximize the security of cash and cryptocurrency holdings, and would provide any other updates to the court and all stakeholders when necessary. Celsius will work with consultants to transfer funds from Signature Bank to other approved authorized custodians in accordance with the U.S. trustee’s guidelines. Celsius: transfer funds from Signature Bank to other approved authorized custodian Analysis based on this information:Celsius Network provided an update on its cash management system through a tweet, assuring its clients that they can expect their funds to be transferred from Signature Bank without any loss of funds. Celsius Network also emphasized its commitment to security, stating that efforts to maximize the security of both cash and cryptocurrency…

On March 13, the independent analyst CIA Office said on Twitter that according to the monitoring of the security team BlockSec, the DeFi loan agreement Euler Finance was suspected to have been attacked. At present, 8.89 million DAIs and 8080 WETHs have been stolen. The latest data on the chain shows that the attack seems to be continuing, with a total loss of more than 190 million dollars. Euler Finance is suspected to have been attacked, and 8.89 million DAIs and 8080 WETHs were stolen Analysis based on this information:On March 13, 2021, the independent analyst CIA Office tweeted about the suspected attack on the decentralized finance (DeFi) loan agreement, Euler Finance, as monitored by the security team, BlockSec. According to the tweet, the hackers have stolen 8.89 million DAIs (a stablecoin pegged to the US dollar) and 8080 WETHs (Wrapped Ether, a token that represents Ether on the Ethereum blockchain). As of the latest blockchain data, the attack is…

On March 12, it was reported that the cryptocurrency wallet imToken was updated to version 2.11.3, which includes support for WalletConnect 2.0; Upgrade the ri…