Protecting Web3: Q3 2023 Security Insights Report
Through this analysis, we aim to provide crypto users with essential insights while also helping to fortify the blockchain ecosystem.
security analisys
Scam Alert: Fake MNW Token On Binance Smart Chain Created Via Advanced Phishing Technique
Morpheus.Network have stumbled upon a sophisticated phishing scheme on BSC involving a fake token. Together, we exposed this complex scam.
Binance’s Proof of Reserves gets a security boost thanks to Hacken’s discovery
Hacken researchers identified and helped fix a bug in Binance’s zkSNARK-based Proof of Reserves system related to BasePrice overflow.
Cybersecurity Projects Securing GameFi
GameFi is one of the newest revelations to come out in the blockchain industry, garnering millions of dollars to develop games that enable the novel play-to-earn model. Some of these blockchain games promise to construct an enjoyable gaming experience, whereby a user will be rewarded for participating in the in-game economy/community. Traditionally, the value of
TOP-100 Exchanges By Cybersecurity Score #4
According to the Ciphertrace report, a whopping $516 mln in crypto was stolen from centralized exchanges and DeFi services in 2020 alone. Although most of these hacks were focused on DeFi services, the total value of stolen funds from centralized exchanges was much higher. The largest hack in 2020 was the Kucoin hack when attackers
Hacken Further Improves CER’s Cybersecurity Score
After the announcement of CoinGecko incorporating Hacken’s CyberSecurity Score into their trust score, CER has officially established our place as the de-facto cybersecurity standard for the crypto exchanges. Tying in with the fact that crypto exchanges have substantial monetary holdings, their ability to maintain a secure operational environment then becomes a very important evaluation criteria.
Bad security practices from Hotbit
It’s well known that there are a lot of scammers in the cryptocurrency business. You need to be very attentive to all incoming offers in order not to fall into the scammer trap. Scammers didn’t even pass by the leading cybersecurity company Hacken. Cybercrimes in the cryptocurrencies market is not a rare. According to Chainanalysys
TOP-100 EXCHANGES BY CYBERSECURITY SCORE #3 AND COMBINED SCORE (MARCH 2020)
It is obvious that in the modern economy cyber security is one of the most crucial issues requiring proper maintenance. Especially in the crypto exchanges industry since over $282 million were stolen in 11 hacks from crypto trading platforms in 2019 according to a report by Chainanalysis. Although the total amount stolen is much smaller
Security analysis of OneLedger
Company name: OneLedger Company description: OneLedger’s mission is to simplify businesses’ adoption of blockchain technology and its integration into their specific business applications and products. The company believes that the applications of the future will maintain individual data sovereignty and operate across interconnected blockchain networks enabling seamless independent user interactions. OneLedger specializes in providing solutions
