News with the tag "CeFi"

According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mech...

DeFi losses dropped 40% in 2024 as advanced security measures strengthened protocols, while CeFi breaches surged to $694M.

CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.

The EOS Network Foundation has partnered with Binance’s Ceffu to enhance institutional asset security and expand CeDeFi opportunities. Read original article on coincu.com

SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Ethena Labs faces scrutiny after allegations of unfairly staking 180 million ENA tokens in its crypto farming event.

Crypto hack and fraud-related losses decreased in Q3 2024, though Ethereum (ETH) remained the most targeted smart contract platform, according to a report by Immunefi. Losses Primarily Due To Centralized Exchange Hacks Immunefi has released its 2024 Q3 report, detailing the specifics of cryptocurren...

Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation.

Crypto hackers have stolen over 15.5% more in 2024 so far compared to the same period last year.

Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.