Industry News & Insights
Audius Hack: Code-Enabled Governance Attack
Audius is a Web3 platform for musicians to share their music and interact with their fans. It allows musical artists to build a following and engage with their fanbase through NFTs and other initiatives. Musicians keep 90% of revenues, making it much more artist-friendly. It had quite some momentum, with some of the more popular […]
DeFi 101: Is Blockchain Anonymous?
Unlike its unknown creator, the world’s first blockchain is not truly anonymous. For a techno-utopian currency that found its first mainstream use in illicit transactions on the dark web, Bitcoin is surprisingly traceable nowadays. New techniques for linking pseudonymous addresses now allow independent analysts and law enforcement agencies to unveil real identities behind alphanumeric cloaks. […]
Managing Web3 Security Risks in Volatile Times
The industry of Decentralized Finance (DeFi) is going through turbulent times. In addition to geopolitical instability and wild gyrations in financial markets slashing the wealth of many, market participants have been defrauded out of an estimated $12bn in 2021, a seven-fold increase from 2020. With more hackers transitioning from primitive social engineering attacks to more […]
DeFi 101: ‘Soft’ vs ‘Hard’ Rugs
Despite the herculean efforts to clean up DeFi, hardly a day passes without some major breach of trust making the headlines on CoinDesk or Cointelegraph. As the financial and human costs of deceitful actors “pulling the rug” mount up, investors are not the only ones losing balance. Our latest installment in the “DeFi 101” series […]
New Partner On Board: Lossless x Rare Antiquities Token
We are happy to introduce another crypto project that has become part of our security ecosystem. Meet Rare Antiquities Token, also known as RAT, which is building its own multi-purpose ecosystem in the crypto space. In their ecosystem, there will be a few tokens with different objectives: $RAT is the utility token for all things […]
DeFi 101: Algorithmic Stablecoins after LUNA Crash
Investors have long made peace with the volatility of speculative tokens, recognizing that boom-and-bust cycles are inherent to well-functioning markets. But what happens when the shock originates from an asset class that is, by its definition, supposed to ensure stability? In our latest addition to the “DeFi 101” series, we look at the formative market […]