Crypto Security

Coinloan Delisting Story

Coinloan Delists DeFi Tokens UNI, COMP, SUSHI, YFI and AVX

Crypto finance platform Coinloan has announced it has begun the process of delisting a range of once-popular DeFi tokens due in part to insufficient demand.  Estonia based Coinloan says the delisting of the DeFi assets will start immediately and will be completed by June the 5th. It blames low customer demand and “other business considerations” …

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DeFi Security Banner

Security – The Giant Problem DeFi Doesn’t Want To Talk About

The DeFi ecosystem lost $1.22 billion dollars to hackers in the first three months of 2022 – a massive sum that threatens the sector’s very existence.   Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by …

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Trezor Mailchimp

Trezor Warns: Users Targeted After Mailchimp Hack

Trezo says its users are being targeted in phishing attacks after Trezor user’s data stored on Mailchimp servers was recently hacked. Updated April 17th. In an incident that highlights the risks of crypto companies relying on the security of third parties, Czech Republic-based Satoshi Labs is warning its users to never reveal their seed phrases …

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What Is Fireblocks

What Is Fireblocks?

Fireblocks is fast becoming a dominant provider in the cryptocurrency custody and insurance space. This article investigates the company and reveals how it differs from other providers like BitGo. Since 2009, Bitcoin has been helping individuals and organizations around the world exchange value with each other in a decentralized and permissionless manner. Bitcoin and other …

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COMP bug

Compound Contract Bug – $62 M of Comp Still Missing

San Francisco based DeFi platform Compound has revealed around $62 million worth of its COMP tokens have not been returned after a flawed smart contract update on September 29th allowed many users to help themselves to the platform’s native token. The bug in the Comptroller contract was introduced on September 29th when the Proposal 62 …

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Gemini Buys Shard-X

Gemini Buys Crypto Security Startup Shard-x

New York based crypto finance company Gemini has purchased Shard-x, with the goal of integrating Shard-x’s multiparty computation technology (MPC) into Gemini’s security processes.  MPC technology is a crypto protocol that shares a computation between a number of different parties. In the case of the private key for a crypto hardware wallet, for example, MPC …

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Celcius Security ISO Certificate

Celsius Security Receives ISO Rating Certificate

Celsius security undergoes audit and receives ISO/IEC 27001 certification. With crypto-insurance hard to come by, asset security is a high priority for crypto holders – particularly when it involves moving your crypto to crypto finance platforms conducting centralized lending and borrowing. Here, clients must pass their private keys to service providers like Nexo, Gemini and …

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