The Ethereum Foundation has improved its governance through the inclusion of renowned blockchain security expert Pascal Caversaccio to its board of directors. The announcement came on July 29 and is evidence of the Foundation’s emphasis on privacy, cybersecurity, and sustainable protocol resiliency as Ethereum continues to grow across the world.
Financial regulators are already planning cybersecurity strategies to protect banks from future risks posed by quantum computing. The Hong Kong Monetary Authority (HKMA) has revealed substantial gaps in preparedness among the Hong Kong banking sector by developing the first Quantum Preparedness Index (QPI). The HKMA gave Hong Kong banks a
The team at Aave Labs has reportedly spent around $1.5 million on a huge audit program, marking one of the most thorough security reviews in DeFi so far. The review process lasted around 345 days and comprised various security companies and a large public audit contest. The period of moving
Vitalik Buterin has clarified the reasons why the cryptocurrency sector will never be able to provide perfect security, citing the complexity of human intent. In a recent X post, the Ethereum founder went on to say that blockchain networks will never be able to perfectly interpret the complex intentions of
A massive smart contract hack has been identified in the on-chain DEX aggregator SwapNet, which resulted in crypto assets to the tune of close to $16.8 million being siphoned off. Peck Shield, a security company, first reported the attack, noting the suspicious action on the platform’s SwapNet integrations, which can
Blockchain security firm SlowMist has flagged a new Linux-based threat that targets crypto recovery phrases by exploiting trusted apps distributed through the Snap Store. The company warned that attackers are hijacking long-standing Snap Store publisher accounts and pushing malicious wallet updates through official distribution channels, putting long-time Linux users at
CoinMarketCap moved fast to shut down a sketchy “Verify Wallet” popup that suddenly showed up on its site, trying to trick users. The shady code was pulled within hours, and the team kicked off a deeper investigation to figure out how it got there. A sketchy popup pretending to be
