Tag: blockchain security firm

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs

Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is to enhance efficiency and streamline services for customers, while also…
Read more

December Ranks Fifth Highest Month in Crypto Scams With Over $100 Million Drained

Source: Pixabay / Pete Linforth Blockchain security firm CertiK says that over $116 million was lost in December to crypto scams with exploits, exits scams and flash loan attacks recording the highest figures. The firm posted the industry hack data for 2023 on X (formerly Twitter), highlighting several incidents that shaped the year, including figures…
Read more

Euler Finance hacked despite 10 audits in 2 years, says CEO

Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son. Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to…
Read more

Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs

The fast-paced nature of the crypto markets means investors are under massive pressure to quickly verify whether a video message is authentic or not. Crypto investors have been urged to keep their eyes peeled for “deepfake” crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact…
Read more