November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto
The Poloniex, HTX/Heco Bridge exploits and the KyberSwap flash loan attack were the three largest incidents in November, according to blockchain security firm CertiK.
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46% of crypto lost from exploits is due to traditional Web2 flaws – Immunefi
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements.
September becomes the biggest month for crypto exploits in 2023: CertiK
The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September.
Firms have mere hours to deflect cyber attacks, warns cybersecurity CEO
Palo Alto Networks CEO Nikesh Arora warned that "bad actors are getting faster" and stressed that companies need to beef up cybersecurity defenses.
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses.
Why DeFi should expect more hacks this year: Blockchain security execs
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm.
Metaverse exploitation and abuse to rise in 2023: Kaspersky
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky.
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.
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized…