Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021
Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned.
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Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog…
Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports…
SushiSwap to Create Legal Entities in Panama And Cayman Islands
With regulators displaying greater interest in cryptocurrency, SushiSwap and other DAOs are gearing up to improve their legal structures to avoid unnecessary penalties or lawsuits. On October 26, Sushiswap, a…
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap…
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During…
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region.…
Hacker Withdraws 200 Billion Fake BitBTC From Optimism Bridge
The Optimism bridge supporting privacy coin BitBTC is actively being exploited for 200 billion BitBTC tokens. Due to the technicals of the hack, the BitBTC team now has less than…
While ETHW Has Lost 35% in 2 Weeks, PoW Network’s Defi TVL Swelled by More Than 1,200%
Since the cryptocurrency launched ethereumpow (ETHW) has seen spot market prices decline by close to 12% during the last seven days. Despite the fact that during the last two weeks…
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms.…
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