WazirX, formerly India’s leading crypto exchange by volume, is preparing to relaunch its services. This follows an even more tragic $234 million hack that hit the platform in July 2024. The exchange has begun working to return to normal operations and make impacted users whole with reimbursement. WazirX’s relaunch still...
That energetic expanse, created by principles of creativity and openness, is drawing another generation of builders into the fold. Lurking in the shadows is a harsh reality: a Wild West of vulnerabilities that can leave artists, especially those in emerging markets like Southeast Asia, exposed and vulnerable. We’re talking about...
In the go-go space of Web3, security is the ultimate flex. As of the beginning of 2024, almost $3 billion has been lost to hackers and exploits so far. It’s extremely important for all projects to do everything possible to protect their users and assets. OneKey, maker of secure but...
Has the revolution gone too far, and are we indeed just building trustless castles on sand? While everyone obsesses over smart contract vulnerabilities, the real danger might be lurking where the chain ends: off-chain. We’re not discussing the APIs, the storage solutions, whatever the heck it’s hosted on—which centralized servers...
BitsLab’s Web3 Securing Plan is becoming a popular public-benefit, Web3 crowdsourced security plan. The plan establishes as priorities a variety of infrastructure vulnerabilities that go past smart contracts alone. This milestone in BitsLab’s audit operations further highlights its dedication and expertise in infrastructure development and security auditing across multiple blockchain...
Dubai. The name alone creates a picture of shimmering skyscrapers, brazen ambition, and today, a budding epicenter of Web3. QuillAudits, one of the top security auditing firms, is throwing a killer series of events from April – May. These events, perfectly-timed around TOKEN2049, will highlight what’s next in blockchain, DeFi,...
We are tragedies waiting to happen, fortunes made and lost in the blink of an eye. And at the heart of it all: smart contracts. Beautiful, elegant, and yet, so shockingly vulnerable. We’ve read the headlines – billions drained from protocols because of misaligned code, exploits and hacks. Are we...
The world of Web3 is buzzing with innovation, but beneath the surface lies a persistent threat: security vulnerabilities in smart contracts. These self-executing agreements that now fuel everything from decentralized finance (DeFi) to non-fungible tokens (NFTs) are low-hanging fruit for hackers. One small design flaw can result in catastrophic losses,...
The crypto world is aflutter over a perceived reversal in U.S. regulatory policy. The whispers say, "They're going soft!" This is dangerous talk. Having investigated these financial crimes for many years, I feel like I have seen everything. The one thing regulators are really good at is willful ignorance. Don't...
