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Search Results for: cyberattacks

Trust Wallet Announces Public Beta Test of Smart Contract Wallet ‘SWIFT’

Trust Wallet, the biggest mobile self-custody wallet on Web3, today announced the public beta test of SWIFT, a Smart Contract Wallet powered by Account Abstraction. In order to be prepared to enroll the next billion consumers in the industry, Trust Wallet is paving the way to better secure and simplify

February 19, 2024 2 mins read

Salus Web3 Security Report 2023: Key Findings Revealed

The Web3 security space saw a dramatic shift in 2023, exhibiting both advances in resilience and enduring difficulties. Cyberattacks against the Web3 sector resulted in over $1.7 billion in damages in 2023; 453 incidents were documented. The variety of dangers shown by these assaults highlights the critical necessity for the

December 30, 2023 5 mins read

DAstra Network: How To Make Your Token Valuable?

In the world of cryptocurrencies, the success of a token largely depends on its value. A valuable token not only attracts investors but also creates a strong foundation for the growth and sustainability of a project. So, how can you make your token valuable? Let’s explore some key strategies. Utility

November 30, 2023 3 mins read

MicroStrategy Announces Third Quarter 2023 Financial Results

6,067 bitcoins acquired since the end of Q2 for $167.0 million, or $27,531 per bitcoin 158,400 bitcoin holdings at a total cost of $4.69 billion, or $29,586 per bitcoin, as of October 31, 2023 Total Revenues of $129.5 million, up 3% year-over-year Software Licenses Revenues of $45.0 million, up 16%

November 2, 2023 14 mins read

Deutsche Bank All Set To Offer Institutional Crypto Custody Solutions

In order to provide a comprehensive custody solution for institutional customers interested in the safeguarding of their cryptocurrencies and tokenized assets, the prestigious Deutsche Bank has formed a strategic relationship with the Swiss crypto firm Taurus. This is a huge step forward in connecting the established banking system with the

September 14, 2023 2 mins read

Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#crypto–Today, Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, issued a security bulletin warning digital assets exchange operators of the dangers created by using Chinese software. This includes vendors which claim to be headquartered in Singapore but

July 21, 2023 6 mins read

Tachyum Presents Paper on Prodigy Processors in Blockchain for Banking and FinTech

LAS VEGAS–(BUSINESS WIRE)–#Linux—Tachyum® today released a paper “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy®” explaining how Prodigy, the world’s first Universal Processor, can transform transactional banking while minimizing the monetary and environmental costs of blockchain’s electrical energy requirements. With Blockchain, transactions are transmitted directly from payer to payee (person

July 18, 2023 3 mins read