The $611M Poly Network exploit is the largest crypto hack to date in terms of mark-to-market value and all the stolen funds were returned,...
Smart Contract Risk and How to Mitigate It: A Deep-dive
The strengths of smart contracts are also the source of its weaknesses, and will always...
$566M worth of BNB was stolen from Binance’s cross-chain bridge BSC Token Hub, but how they responded to the hack will be the most...
Annualized data from blockchain forensics provider Chainalysis indicates that crypto-enabled crime has dropped precipitously through the first half of 2023, but cybercriminals are also...
Around $170M worth of cryptocurrency was allegedly stolen from an obscure Italian crypto exchange called BitGrail in 2018; it’s still unclear exactly how or...
One key to fighting money laundering is understanding its process and the vulnerabilities in each stage of it. The first stage is Placement. Placement...
Proving knowledge of a secret is the basis of password-based authentication systems. The assumption is that only you know your password. If this is...
Anti–Money Laundering (AML) and Counter Terrorist Funding (CTF) efforts involve the little-known world of Know Your Customer (KYC) and Customer Due Diligence (CDD) regulations....
The utopian view of the blockchain as an unhackable alternative to the status quo is a pipedream. Many traditional cyberattacks are effective in a...
In recent years, many organizations have adopted more modern development practices, including Agile, Scrum, and DevOps. The goal of these new processes is to...
Understanding how flash loans and governance work in DeFi to demystify the Beanstalk Farms Hack
The only way to understand how the Beanstalk Farms decentralized...
Recent events like the FTX meltdown have sparked interest and conversations about how the incident could have been prevented. In the case of FTX,...
Blockchain is a rapidly-evolving technology with a great deal of interest and investment. Decentralized Finance (DeFi), in particular, has a great deal of money...
The full story behind the first major crypto hack and how much really was lost.
MtGox was one of the very first platforms on which...
The global financial services sector is accelerating its transformation in response to changing values and shifting consumer preferences. Hong Kong is responding in its...