Blockchain Security

The Thala token dropped 35% to $0.51 after the hack but has rebounded to $0.6116. Despite recovering the funds, farming functions remain suspended for security.

Coinbase's new 'Based Agent' tool enables users to create autonomous AI agents on its Ethereum Layer-2 Base network in under three minutes. Supporting multiple blockchains, it also aims to enhance wallet security. Could this set a new standard for blockchain security?

BingX, the Singapore-based cryptocurrency exchange, has fully resumed its services after a hot wallet incident on 20 September that disrupted deposits and withdrawals. To strengthen security against external threats, the exchange has introduced ShieldX, a new firewall for its wallets.

Chainalysis is facing a $650 million defamation lawsuit for allegedly misclassifying a crypto project as a major scam in its 2023 Crypto Crime Report. Despite multiple dismissal attempts, Exceptional Media and YieldNodes challenge the claims. Chainalysis argues that the plaintiffs haven’t proven YieldNodes isn’t a scam. If the case proceeds, it could set a precedent for transparency in blockchain surveillance.

Polyhedra Network has officially released the first set of benchmarks on Proof Arena, a cutting-edge platform designed to compare zero-knowledge provers.

Onyx, a once prominent player in the Ethereum-based lending market, faced a staggering setback recently.

Several community reports suggest that wallets connected to the Telegram bot Banana Gun have been compromised, with some users reporting the loss of funds.

The evolving landscape of crypto crime in 2024 was one of the focuses at TOKEN2049 Singapore. Although illicit activities have declined, challenges such as ransomware, scams, and sanctions evasion persist. Combating crypto crime in the future will depend on strengthening global collaboration and leveraging blockchain technology for better security and transparency.

BingX reports a minor asset loss following suspicious outflows, with security firms suggesting larger potential losses. The exchange has paused withdrawals as it investigates.

A Digital Product Passport (DPP) acts as a digital tag linked to a product, providing consumers with detailed information on the item’s authenticity, supply chain, and sustainability.