Industry News & Insights
2022 Security Review
The year 2022 is bound to be influential for the cryptocurrency world. With more than 22,000 digital assets in circulation and growing, the potential for malicious actors to exploit this emerging market is huge. In 2022, decentralized finance protocols faced immense volatility. Referred to as ‘DeFi,’ these applications use automation to provide financial services that […]
5 Types of Social Engineering Attacks in Crypto and How to Prevent It
With the boom in cryptocurrency, NFTs, and Web3 technologies, scammers continuously find new ways to exploit people’s trust and naiveté. Crypto users must stay vigilant and educated on the latest attack methods to protect themselves from financial losses. Phishing is a social engineering attack used by malicious actors to try and steal confidential information or […]
Last Development Update of 2022
Welcome to the last development update of this year from our technical team. We believe you’ll agree that this year was very productive — we successfully launched our hack mitigation protocol and Aegis to monitor smart contracts. We also released our Token Relaunch Toolkit to ease the process of token redeployment. Our tools underwent upgrades as well […]
Crypto Stealers: Malware & Tools Used Against You
Cryptocurrencies are more popular than ever, and as a result, they are becoming a bigger target for hackers. Nowadays, one of the most common types of malware is known as Info-Stealers. Their only purpose is to steal as much personal information from their victims as possible, from basic system information to locally stored usernames and […]
Another Day, Another Hack: Ankr’s $5M Exploit
Ankr, a web3 infrastructure project on BNB Chain, was exploited with an attacker minting and dumping millions worth of its wrapped BNB token, aBNBc (Ankr Reward Bearing Stake BNB). A bug in Ankr’s decentralized finance infrastructure allowed hackers to mint unlimited tokens, resulting in over $5 million being stolen. On-chain analysts discovered the attack on […]
CBDCs VS Crypto: Everything You Need To Know
Central bank digital currencies (CBDCs) are becoming increasingly popular. But what are they, and why do you need to know about them? CBDCs are digital versions of national currencies that central banks issue. The idea is to provide benefits for both consumers and businesses and have the potential to revolutionize the global financial system. In […]