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Cross-chains in the crosshairs: Hacks call for better defense mechanisms

by Cointelegraph By Gareth Jenkinson | Aug 11, 2022 | Attack, Cross-chain, Hackers, Security

Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem.

88% of Nomad Bridge exploiters were ‘copycats’ — Report

by Cointelegraph By Brayden Lindrea | Aug 11, 2022 | Hacks, Security

Copycats used the same code as the original hackers but modified the target token, token amount, and recipient addresses.

US ethics advisory on federal employee’s crypto has basis in legislation

by Cointelegraph By Derek Andersen | Aug 8, 2022 | Central Bank, Government, Law, North America, Security, United States, US government

The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds.

Korean crypto exchange KODA to use Uppsala to boost AML and threat detection

by CryptoNinjas.net | Aug 1, 2022 | crypto exchanges, Security, Uppsala, Uppsala Security

Uppsala, a blockchain security service provider for crypto AML/CTF, transaction risk management, regulatory compliance, and transaction tracking, has announced today that it has signed a contract to supply digital asset AML solutions to KODA (Korea Digital Asset), a...

The worst places to keep your crypto wallet seed phrase

by Cointelegraph By Joseph Hall | Jul 31, 2022 | Cryptocurrencies, Cybersecurity, private keys, Security

A look at the best practices and worst hiding places for what could be the most important and wealthy possession in a home: a seed phrase.

Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder

by Cointelegraph By Marco Castrovilli | Jul 29, 2022 | Ethereum 2.0, Layer2, Proof of Work, proof-of-stake, Scalability, Security, Smart Contracts, Tech Analysis, Transactions, web3

A new scaling solution, zkEVM Rollups, could allow Ethereum to overcome Visa in terms of transaction throughput, says Polygon co-founder Mihailo Bjelic.
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