News with the tag "Web3 Security"

BitcoinWorld Shocking $12M Smart Contract Exploit Rocks Cork Protocol The world of decentralized finance (DeFi) faced another stark reminder of its inherent risks recently, as Cork Protocol became the target of a significant smart contract exploit . Reports confirm a staggering $12 million was drain...

In the fast-paced world of cryptocurrency, rumors can spread like wildfire, often triggering market volatility and investor uncertainty. Recently, GoPlus (GPS), a prominent web3 security platform, found itself at the center of such speculation. Whispers of a potential listing information leak involv...

Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.

Despite repeated takedowns, the fake Curve Finance app has returned to Apple’s App Store, with reports of user losses intensifying.

The latest Certik Web3 Security Quarterly Report reveals alarming statistics for the second quarter of 2024, with a staggering $688 million lost across 184 on-chain security incidents, marking a 37% increase in value lost compared to the previous quarter. Phishing attacks emerged as the most costly ...

Cosmos Network’s Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds.

According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether.

The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.