Industry News & Insights

Most Common Hacks on DeFi to Look Out For
DeFi gave cryptocurrency the needed versatility and added utility to increase its adoption metric. This is clearly seen in the positive correlation between the Total Value Locked in smart contracts of DeFi protocols and the adoption index of crypto. Therefore, it can be inferred that crippling the DeFi space will, in turn, hurt the growing […]

Why We’re Building the Core Protocol
Hacks are fast becoming a major threat within the crypto space and are rising at an alarming rate. Hurting the crypto world has become a serious factor that inhibits crypto investments and slows down global crypto adoption. The crypto space is supposed to be completely trustless (you don’t have to trust a third party), but […]

Lossless Joining Forces With AvaXlauncher to Increase DeFi Coverage
Creating partnerships in the DeFi space is what drives our security coverage and allows us to spread the word that yes, you can protect your project funds and users from hacks and exploits in crypto. We closed our 2021 with multiple partnerships and 2022 is looking just as good if not better. Please welcome our […]

Your Intro into Time Bandit Attacks on ETH
The year 2021 saw a significant rise in global crypto adoption and this is sending in enough signals to establish the fact that cryptocurrencies are truly the money of the future. While the impressive adoption rate inspires many sectors to begin to test run the viability of the blockchain in business development, there is a […]

Front Running Explained
Misinformation is at the heart of the majority of successful scams and hacks. This is why malicious actors find ways to exploit the unknowns to remotely access and steal from individuals. Other times, hackers make the most of chaos, as is apparent by the 220% increase in spam messages within the first month of the […]

Setting Foot in the Metaverses: Lossless x Lovelace World
Metaverse is something you meet daily now. It’s a combination of multiple elements of technology, including virtual reality, augmented reality, and video where users “live” within a digital universe. And it’s experiencing tremendous growth in crypto. Where’s growth, there’s also the responsibility to ensure security as fast as possible — that’s the reason why we’re stepping in […]