Category: Exploits
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Crypto lost to exploits, scams, hits $1.5B in February with Bybit hack: CertiK
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Blockchain Security Certik said that the losses made on fraud, exploitation and intuitive processes amounted to approximately $ 1.53 billion in February, as Blockchain Security Certik represented. Certik said on February 28 / mail. The incoming amount lost in February is a jump of about 1500 % of 98 million…
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DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
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This article is also available in Spanish. According to A a report Published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols saw a sharp decline in exploits in 2024, while centralized finance (CeFi) platforms doubled their losses due to security breaches. DeFi platforms demonstrate better security mechanisms In…
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A Cautionary Tale Of Unverified Contracts And Cryptocurrency Exploits
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The world of decentralized finance (DeFi) and Web3 has long been hailed as the future of financial transactions, offering a more transparent and accessible alternative to traditional banking systems. However, the inherent complexity and evolving nature of the field has also made it a prime target for malicious actors looking…
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‘Big Crypto’ dominates US election spending and exploits consumers, report finds
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Crypto companies have become the dominant force in federal election spending, spending more than $119 million to influence the outcome of the U.S. election. According to a report by According to the nonprofit Public Citizen, nearly half of all corporate money contributed to the US election this year came from…
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How Kamau Thugge’s shilling exploits have earned him African Central Banker fete
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Dr Kamau Thug’s exploits in stabilizing the fluctuating Kenyan shilling led to him being named Central Banker of the Year by African Banker magazine just one year into his tenure at the Central Bank of Kenya (CBK). This recognition comes in the wake of interventions supervised by the Governor of…