CertiK, a firm that audits blockchain security, had a major breach on January 5, 2024. The hacking of the business’s social media account happened in the wee hours of Friday. The hacker used this vulnerability to start a phishing campaign, sending fake messages to CertiK’s followers. A phishing link was
Retik Finance (RETIK) stands at the forefront of an exciting narrative alongside Solana (SOL) and Shiba Inu (SHIB), poised to play pivotal roles should the global crypto market ascend to a monumental $3 trillion in 2024.Retik Finance’s innovative fundraising model, having raised over $3 million without traditional venture capital, adds
A 7.5-magnitude earthquake struck Japan’s western coast on January 1, 2024, causing destruction across Ishikawa and surrounding prefectures. In the aftermath, prominent Web3 companies based in Japan have taken action to gather cryptocurrency donations to aid relief efforts. Oasys Japan, a major player in the Web3 industry, began accepting donations
In an effort to democratize the process of investing in cryptocurrency projects, Crypto Launchpad & Accelerator Raiser has announced the launch of a new fundraising model known as a Fair Community Offering (FCO). By meritocratically rewarding committed, involved community members and early supporters during a project’s pre-exchange listing stage, the novel
There was an assault on Orbit Chain’s cross-chain bridge recently, which led blockchain security organizations to estimate that about $100 million worth of cryptocurrency was stolen in December. According to PeckShield, December saw the fifth-highest number of attacks in 2023, owing to the $81.5 million Orbit Bridge cross-chain bridge vulnerability,
Total value locked (TVL) across DeFi protocols has hit $52 billion, an annual peak not seen since the days leading up to FTX’s demise in November 2022. This comeback is significant because the industry has had a rocky past since FTX and other companies went under. The controversies surrounding these
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
In our ongoing commitment to recognize excellence in the blockchain gaming industry, PlayToEarn is thrilled to present the third edition of the PlayToEarn Blockchain Game Awards. This year’s awards aim to acknowledge the top games, creators, and guilds that have made significant contributions to the Web3 gaming industry. Key Highlights:
Over the last 30 days, zkSync—Ethereum’s Layer 2 scalability solution—processed 34.7 million transactions, surpassing the Ethereum mainnet in terms of volume. L2Beat statistics shows that over the same time period, 34.2 million transactions were registered on Ethereum’s mainnet. Arbitrum followed with 31.4 million transactions in the last 30 days. On
A significant platform vulnerability was discovered at Telcoin, a developer of mobile-focused financial applications. Peckshield, a blockchain security business, and the Telcoin Discord community forum both acknowledged that the attack caused users to have over $1.2 million stolen from their accounts. As a result of a glitch with the company’s
