CertiK: Hacker Breaches Nirvana Finance in

CertiK: Hacker Breaches Nirvana Finance in $3.5 Million Flashloan Attack

July 29, 2022 0

Nirvana Finance, an adaptive yield platform, was hit yesterday in a flash loan attack that drained over $3.5 Million from its protocol. Cybersecurity audit firm CertiK analysis has revealed how the attacker first took out a loan of $10,250,000 USDC from the Solend Protocol, and then used it to buy ANA, the token used by […]

Chia Network Reissues Its Asset Token to Address Security Vulnerability

Chia Network Reissues Its Asset Token to Address Security Vulnerability

July 25, 2022 0

The smart transaction platform will upgrade its chia asset token (CAT) to a new token, CAT2, to address a potential security weaknesses. Chia Network, the energy-efficient blockchain and smart transaction platform, will replace its 7-month-old chia asset tokens (CATs) with a new token to address a security vulnerability that it uncovered after an outside auditor […]

Sayfer Identifies Security Vulnerability Affecting 10% Of All NFT Projects

Sayfer Identifies Security Vulnerability Affecting 10% Of All NFT Projects

July 25, 2022 0

The so-called BadReveal vulnerability attacks the minting process of non-fungible tokens. Cybersecurity firm Sayfer has identified a new vulnerability affecting 10% of all NFT projects. The so-called BadReveal vulnerability attacks the minting process of non-fungible tokens, which are meant to be generated randomly. By exploiting the BadReveal bug, an attacker could claim the best and […]

SEC Issues More than  Million Award to a Whistleblower

SEC Issues More than $17 Million Award to a Whistleblower

July 22, 2022 0

The Securities and Exchange Commission today announced an award of more than $17 million to a whistleblower who provided information and assistance in a covered action and related action. The whistleblower’s information prompted SEC staff to open a new investigation that led to the successful covered action. The whistleblower also provided SEC Enforcement staff with […]

Former Coinbase manager and two others charged in crypto insider trading scheme

Former Coinbase manager and two others charged in crypto insider trading scheme

July 21, 2022 0

Three people have been charged in the first-ever crypto insider trading tipping scheme. The individuals were charged with wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets Three people have been charged in the first-ever crypto insider trading tipping scheme, according to the U.S. Attorney’s Office […]

John McAfee Associate Fined by the SEC For ICO Promotions and Pump and Dump Scams

John McAfee Associate Fined by the SEC For ICO Promotions and Pump and Dump Scams

July 17, 2022 0

McAfee’s Associate Jimmy Gale Watson Fined $375K and Banned From Professional Securities and Digital Asset Schemes The US Securities and Exchange Commission announced a judgment against an associate of the late John McAfee for participating in an alleged initial coin offering (ICO) scam. The top financial watchdog argued that Watson had assisted John McAfee by […]

Democratic lawmakers ask federal agencies to crack down on crypto mining

Democratic lawmakers ask federal agencies to crack down on crypto mining

July 17, 2022 0

They want crypto mining companies to report their energy use and emissions On Friday, Elizabeth Warren and other Democratic members of Congress sent a letter to two federal regulators, urging them to take action on the explosion of Bitcoin mining in the US. Sent to the heads of the Environmental Protection Agency and Department of […]