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Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde

Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of…

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$62 Million Munchables Hack: Rogue Developer Returns All Funds, No Ransom Demanded

Web3 gaming app, Munchables, announced on March 27 that an individual who exploited the system agreed to return the stolen funds without a ransom demand. This announcement came just hours…

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Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma…

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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income

A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The…

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Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report

Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred…

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Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector

In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that…

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Peckshield: Cryptocurrency Hackers Stole Over $360 Million in February

Cryptocurrency hackers stole over $360 million during February, almost doubling the amount stolen in January. According to Peckshield, a cryptocurrency and blockchain security firm, the largest hack event in February…

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Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online…

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Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3

Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s…

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