AI models led to a ‘vulnerability apocalypse’ in crypto security: Immunefi CEO
The proliferation of new frontier AI models is the main catalyst behind the latest resurgence in DeFi hacks, according to Immunefi CEO Mitchell Amador.
Cointelegraph·
Chainalysis identified a growing attack pattern targeting unverified DeFi contracts, with hackers stealing $36.7 million across four exploits since January.
Read full articleThe proliferation of new frontier AI models is the main catalyst behind the latest resurgence in DeFi hacks, according to Immunefi CEO Mitchell Amador.
Raydium DEX Hacked: $1.34M Stolen From Dormant Pools The post Solana Raydium DEX Lost $1.34M to Hackers, Here’s What Actually Happened appeared first on 99Bitcoins.
South Korea’s national police launched a special multi-agency task force just weeks ago to go after crypto-based money laundering. Now they have a new partner in that fight. Related Reading: The Quantum Threat Is Coming—Stellar Reveals Its Defense Strategy Building Investigative Muscle Blockchain analytics firm Chainalysis signed a memorandum of understanding with the Korean National […]
FIFA's framework may lead to more standardized contracts, potentially reducing transfer disputes and altering club negotiation strategies. The post FIFA’s new framework nudges football toward universal release clauses, but a mandate it is not appeared first on Crypto Briefing.
This integration could significantly enhance decentralized trading efficiency, potentially attracting more users to both platforms and boosting DeFi adoption. The post PancakeSwap integrates with MetaMask to enhance liquidity for swaps appeared first on Crypto Briefing.
Ethereum's wallet growth highlights its expanding utility in DeFi and dApps, but sentiment and price performance remain disconnected. The post Ethereum nears 200M wallets, surpasses Bitcoin by 230% in holders appeared first on Crypto Briefing.
3Jane's strategic pivot to bridge DeFi and traditional lending could reshape fintech capital flows, but loan performance remains a critical risk. The post 3Jane launches with $10M warehouse line and $50M forward flow agreement to bridge DeFi and consumer lending appeared first on Crypto Briefing.
A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together, those attacks — targeting Truebit, Trusted Volumes, Aperture Finance, and Ekubo — account for roughly $37 million in losses, all traced back to contracts whose source code had never been publicly verified on blockchain explorers. The Truebit contract had been sitting on Ethereum since 2021. It was compiled using Solidity v0.5.3, a version released before automatic overflow protections became standard. An attacker found an integer overflow flaw inside its bonding curve mechanism and used it to mint large quantities of tokens at minimal cost before convertin