Phishing scam via fake Zoom link costs GIGA investor $6M
A phishing scam through a fake Zoom link drained $6.09 million from a Gigachad token investor, igniting security concerns.
Auto Added by WPeMatico
Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The…
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to 2023, with $1.38 billion stolen by June 24.…
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a…
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s…
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems…
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing…
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and…
5 smart contract vulnerabilities: How to identify and mitigate them
Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps.
Telegram trading bots are hot, but don’t trust them for custody — Security firms
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph.