Why Know Your Customer (KYC) Is A High Risk to Crypto Investors?
TL;DR The Coinbase data leak exposed how KYC, designed for traditional banking, is incompatible and risky for the crypto industry. Although meant to prevent crime, KYC
security (Latest Publications)
Ethereum Foundation’s First Security Report Highlights Exploit-Prone Smart Contracts
TL;DR The Ethereum Foundation warned that cross-chain features and AI-generated code are currently the main vulnerability hotspots on the network. Bridges between chains and L2 networks
Crypto Event Attendees Urged to Improve Personal Security, Says Kraken
TL;DR Exposed Vulnerabilities at Events: Crypto conferences are showing major security lapses, according to Kraken, with attendees leaving devices unlocked and sharing sensitive information in public
YZi Labs Invests in Open-Source Wallet Firm OneKey to Boost Web3 Security
TL;DR Strategic Investment for Enhanced Security: YZi Labs invests in OneKey, an open-source hardware wallet firm, to bolster crypto security amid rising threats and billions lost
Vitalik Buterin Drops Shocking Take on Wallets Inside Web Pages
TL;DR Vitalik Buterin warns that integrating wallets directly into web pages may simplify usage, but it concentrates risks and limits user protection. He proposes active browsers
Phishing Attack Targets ZKsync and Matter Labs X: False US Investigation Alerts Create Havoc
TL;DR ZKsync and Matter Labs were victims of a phishing attack on May 13, compromising their X accounts to spread false alerts. The attackers posted fake
Ledger Tightens Security After Moderator Account Breach on Discord
TL;DR Quick Countermeasures: Ledger swiftly removed a compromised moderator account and deleted an automated phishing bot from its Discord server. Phishing Alert: Attackers used the hacked
Lido Responds to Security Breach Involving Oracle Wallet
TL;DR Minor breach, major swift response: A small security incident drained 1.46 ETH from an Oracle hot wallet used solely for signing reports, but user funds
ZKsync (ZK) Token Falls 8.3% After Admin Account Hack
TL;DR ZKsync suffered a cyber attack that compromised an admin account, stealing around $5 million in ZK tokens from unclaimed airdrop funds. The protocol ensured that
Phantom Technologies Sued Over Alleged Wallet Vulnerabilities
TL;DR Phantom Technologies faces a lawsuit for alleged negligence after a security flaw allowed hackers to steal over $500,000 from its wallets. The legal action claims
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