August 2021
Chinese DeFi platform Poly Network suffers US$600M hack
Impact of one of the biggest heists in the industry looks set to be mitigated as hackers agree to return funds.
Bitcoin SV suffers a new 51% attack
Bitcoin SV has suffered another 51% attack beginning around 11:45 am EDT on Tuesday resulting in up to three versions of the chain being mined simultaneously, as initially reported by analytics firm CoinMetrics.io. It is the fifth such attack on the network since late June. Fast facts Further reporting by the firm reported all of […]
Crypto crimes surge to record levels in Hong Kong
Crypto-related crime has hit record levels in Hong Kong for the first six months of this year, with one victim losing HK$124 million (US$15.95 million) to fraudsters, according to the South China Morning Post. Fast facts Hong Kong police recorded 496 such cases totaling HK$214.4 million (US$27.58 million) in just the first half of this […]
November 2020
Why cybersecurity will be DeFi and blockchain’s next big challenge
DeFi’s explosive growth may be the cryptocurrency world’s biggest story in 2020. But is the industry ignoring risks and cybersecurity gaps?
October 2020
TALES FROM THE CRYPT: 10 blockchain and Bitcoin horror stories for the ages
Just in time for Halloween, gather ’round for this blood-curdling crypto news flashback that will have you HODLing a blanket. Beware the death grip on Bitcoin wallets!
September 2020
Rented hash power for 51% attacks is a ‘huge vulnerability’ for proof-of-work blockchains, says ETC Labs CEO
Ethereum Classic Labs CEO Terry Culver calls the hash rental market shady “like under a rock somewhere…. They’re basically money laundering operations.”
How Ethereum Classic’s 51% attacks reveal risks to Bitcoin and Ethereum
ETC’s recent hacks may be an occupational hazard of ‘proof-of-work’ blockchains, including BTC and ETH. Is going ‘proof of stake’ the answer?
August 2020
What the Twitter hack reveals about the need for digital identity security
Could blockchain technology and decentralized ID verification have prevented all those VIP Twitter accounts from being commandeered for a bitcoin scam?
Ep. 25 | Bitcoin surges in Hong Kong’s geopolitical storms. China widens DCEP testing. Ethereum Classic’s audacious attacks.
Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.
July 2020
Could blockchain technology have prevented the Twitter VIP hacks?
Social media platforms like Twitter need more advanced technology, like blockchain, to protect user accounts from attacks, says Voice CEO Salah Zalatimo.
How Twitter hackers social-engineered their way into VIP accounts to shill for bitcoin
Twitter blames “social engineering” for attacks on the accounts of Joe Biden, Elon Musk, Bill Gates and Barack Obama. What really happened?
April 2020
Ep. 10 | Ripple sues YouTube over scam videos. Hong Kong’s first regulator-approved bitcoin fund manager. Hacker messes with dForce.
Other top news: Courier giant YTO forms blockchain logistics lab. 224 more blockchain firms get official thumbs up. VC in Singapore, UK and US.
February 2020
How blockchain can defend against data heists and cyber attacks
As increasingly useful and potentially destructive data migrates onto the internet, more and more countries will deploy cyber weapons. Could blockchain provide a defense against future incursions?