Sunday, June 1, 2025

Web3 Security

ProtectingAssets

Web3 security focuses on protecting dApps and blockchain networks from vulnerabilities and attacks. As Web3 technologies evolve, they introduce unique security challenges, including smart contract bugs, private key management issues, and phishing attacks. Ensuring robust security involves practices like code audits, secure development protocols, and user education. Key measures include multi-signature wallets, decentralised identity solutions, and comprehensive risk assessments. With our Crypto Exploit Tracker tool, you can stay informed about recent exploits, their impacts, and related transactions, crucial for maintaining security and trust in decentralised platforms and applications.

Exploit Tracker

Security Incidents

Web3 Security

$220M SUI Network Cetus Exploit – Oracle Bug

yfarmx - 0
A single oracle-pricing bug let an attacker drain more than $626 million from Cetus, the biggest DEX on Sui, in minutes. Our deep-dive reconstructs the on-chain transactions, traces the laundering trail, and explains why oracle security, not smart-contract code, proved to be DeFi’s weakest link on 22 May 2025.
Web3 Security

Coinbase Data Breach, $20 Million Extortion Bid

yfarmx - 0
Coinbase faces renewed scrutiny after a coinbase data breach in which hackers bribed offshore support contractors, siphoned customer data and demanded a $20 million bitcoin ransom, an extortion the exchange refused to pay. The disclosure on 15 May could cost up to $400 million and reignites doubts over Coinbase’s sprawling outsourced security model.

SIM-Swap Culprit Faces 24 Months Over Fake Bitcoin-ETF X Post

DeFi’s Centralised Gateways Under Fire After Twin Incidents at Curve and ZKsync

Mashinsky Sentenced, Celsius Ruling Signals Limits on Leniency

$330M Bitcoin Theft and Monero Laundering

About us

Crypto news that matters, education you’ll actually use, and security tips to keep your assets safer. We give readers the critical analysis and information they need to make smarter decisions and to better understand emerging web 3.0 technologies.

Categories

Latest News

Tax, Banks and Bitcoin, Inside the Reform UK Crypto Gambit

Regulation 0
Farage’s 10 per cent CGT pledge is a high-wire gamble that the phrase Reform UK crypto can sway both restless youth and cautious banks at once.

Bootstraps or Bust, the FCA’s New Regime (CP25/15)

Regulation 0
The FCA’s CP25/15 rips the booster cables off Britain’s laissez-faire crypto scene and wires it into the hard circuitry of prudential rules. Stablecoin issuers must hold real capital, custodians must park cash in sterile gilts, and every exposure gets logged like contraband.

$220M SUI Network Cetus Exploit – Oracle Bug

Web3 Security 0
A single oracle-pricing bug let an attacker drain more than $626 million from Cetus, the biggest DEX on Sui, in minutes. Our deep-dive reconstructs the on-chain transactions, traces the laundering trail, and explains why oracle security, not smart-contract code, proved to be DeFi’s weakest link on 22 May 2025.

© 2022 YFarmX. All Rights Reserved.