Crypto Quantique introduces free IoT security SaaS platform

Security

Crypto Quantique, a provider of quantum-based security for the Internet of Things (IoT), has launched QuarkLink Ignite, a Software-as-a-Service (SaaS) platform that enables developers and engineers to achieve secure connectivity management free-of-charge for up to 50 ESP32 devices.

QuarkLink Ignite is a powerful toolset that allows developers and engineers to explore chip-to-cloud security in a zero-trust environment with ease. QuarkLink Ignite enables both companies and...

SushiSwap is a community-driven decentralised exchange

SushiSwap, a community-driven decentralised exchange, is expanding to Aptos, the Layer 1 blockchain bringing users scalability, reliability, security and usability.

This integration is a milestone as it marks Sushi's first expansion onto a non-EVM chain. With the integration of Sushi v2 AMM and SushiXswap, Sushi’s cross chain swap, Sushi further strengthens its leading position in the cross-chain/multi-chain landscape.

Aptos is a Layer 1 blockchain created for safe...

Casper Network first Layer-1 blockchain to enable native smart contract debugging

The Casper Association, the Swiss-based organisation that oversees the Casper blockchain and supports its continued decentralisation, has announced the successful 1.5 protocol upgrade.

This upgrade introduced a host of new and improved features, making Casper the only Layer-1 blockchain to enable the debugging of live,  composable smart contracts on mainnet.

“The 1.5 upgrade is a major landmark in our path to creating a blockchain environment that fosters innovation...

Reports of Web3 and DeFi hacks surge during Q1 2023

Analysis from Naoris Protocol, a global cyber security firm, reveals there was a rise in the number of reported cyber security hacks on Web3 and DeFi in Q1 2023 compared to the same period in 2022 and 2021 – with 19 reported hacks.

This is up from 16 reported hacks in Q1 2022 and 10 reported hacks in Q1 2021.

Between 1st January 2023 and 14th April 2023 there were 22 reported cyber security hacks, totaling over $265 million in losses. The biggest single hack in Q1...

Bitcoin ATM maker declares all user data compromised after exploit

ATM Machine

A Bitcoin ATM manufacturer has shut down its cloud services due to a security issue that let an attacker access customers’ hot wallets and steal private information.

Prague-based company General Bytes issued a warning on 18 March saying that the hacker had remotely uploaded a Java application to its terminals, hoping to steal user information and funds stored in hot wallets.

The company has sold more than 15,000 Bitcoin ATMs to buyers in nearly 150 countries around the...

Security firm Halborn warns 280 blockchains of ‘zero-day’ exploits

Code

Web3 security firm Halborn has found that more than 280 blockchain networks are vulnerable to “zero-day” exploits that could put upwards of £20 billion worth of crypto at risk.

A zero-day vulnerability is one which is discovered by attackers but remains unknown to the network and its developers. Halborn said that blockchains like Dogecoin, Litecoin, and Zcash were all found to be at risk.

https://twitter.com/HalbornSecurity/status/1635262272837746688

The most...

Jump Crypto finds infinite token vulnerability on Binance BNB Chain

Web3 infrastructure firm Jump Crypto has alerted Binance to a vulnerability in the BNB Beacon Chain that would have allowed for an infinite mint of tokens.

The issue was reported privately to the BNB team on 8 February and patched within 24 hours, according to a blog post from 10 February. The post said that, if exploited, the vulnerability could have led to a “large loss of funds”.

The vulnerability would have allowed for an attacker to make a malicious transfer,...

Coincover raises $30m to bolster digital asset security

Security

London-based digital asset protection firm Coincover has secured $30 million (£25m) in a funding round led by Foundation Capital with additional investment from CMT Digital.

The company plans to use the funds to scale its operations, increase recruitment, and develop new products that strengthen the security of the cryptocurrency space.

Coincover launched in 2019 with the goal of improving trust within the digital asset sector. It already works with more than 300...

Binance exec deepfake fools ‘highly intelligent’ people

A deepfake of Binance Chief Communications Officer Patrick Hillmann is reportedly fooling “highly intelligent” people.

The attackers are using what Hillman describes as an “AI hologram” of himself to fool representatives of various projects that the CCO is helping them get listed on the exchange.

In a blog post last week, Hillmann revealed that he received several online messages from project teams thanking him for taking the time to meet with them. However, it...

‘Free-for-all’ Nomad exploit drains $190M of crypto

Cross-chain bridge Nomad has fallen victim to a “free-for-all” exploit that drained around $190 million in crypto.

Just last week, Nomad announced that it had secured $22.4 million in seed funding from high-profile backers including Coinbase Ventures, Crypto.com Capital, and OpenSea. The company emphasised its focus on security following a spate of bridge hacks.

“With $1.5B in bridge hacks happening within the last 12 months, many people, protocols, and DAOs are...