Opinion by: Dominic Lohberger, chief product officer at Sygnum. Counterparty risk in crypto markets has always moved in cycles. Exchanges default or get hacked. Standards tighten for a while. Then, complacency quietly…
North Korean IT workers have been embedding themselves in crypto companies and decentralized finance projects for at least seven years, according to a cybersecurity analyst. “Lots of DPRK IT workers built the protocols…
The hack of the Solana-based decentralized finance (DeFi) platform Drift Protocol could have been prevented if standard operational security procedures were followed by the Drift team, and may constitute “civil…
Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. “The preliminary investigation shows that Drift experienced a…
Cambodia's parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency. In a Friday notice, the Senate of the Kingdom of Cambodia announced that the…
Opinion by: Ido Sofer, founder and CEO at Sodot. The crypto industry is normally well ahead of its game when it comes to pure innovation and functionality, but security is a different matter. For years, custody risk in…
Years of crypto scams running havoc on the social network X, formerly known as Twitter, have resulted in the implementation of a “kill switch” for users talking about crypto. An Auto-Lock For Crypto Posting? The…
Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286…
Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from…
Social media platform X is considering implementing new rules for first-time user posts about crypto in an effort to crack down on scammers using phishing attacks to gain access to accounts. Nikita Bier, the head of…
Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share…
Li Xiong, a key member of a group that helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money-laundering charges, according to Hong Kong-based news…