Five months after ending its Solana staking service, Lido faces a new hurdle: a suspected bug in the withdrawal mechanism is hindering users' ability to withdraw their stSOL funds.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
Plans to burn ill-gotten crypto that can't be returned to victims — instead of dumping it on the market — is attracting praise from some corners of the industry.
Five months after ending its Solana staking service, Lido faces a new hurdle: a suspected bug in the withdrawal mechanism is hindering users' ability to withdraw their stSOL funds.
After the rough week, the NFT platform is set to relaunch, focusing on enhanced security and user compensation. The hack has reignited the debate about vulnerabilities and centralization in blockchain networks, but also effectively pushed Munchables to the top of the news.
According to the agency, cryptocurrency-related investment fraud rose by 53% in 2023, accounting for around 86% of all investment fraud losses in the U.S.
With substantial losses incurred due to a recent SIM swap attack and rug-pull, the importance of adopting secure practices and conducting thorough due diligence is as relevant as ever.
The collaboration between Chainlink and Telefónica introduces a feature where smart contracts can halt transactions if a recent SIM swap is detected. While this security measure holds promise, its real-world application in existing smart contracts remains to be seen.
Samczsun, a prominent white hat hacker, has developed a framework that safeguards fellow white hats against legal issues. Samczsun's Security Alliance platform also provides a 24/7 emergency hotline for users affected by hacks.
