Sunday, February 23, 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.

Security Incidents

SBF Speaks from Behind Bars

From behind the bars of a high-security prison, Sam Bankman-Fried passionately defended his innocence in the FTX collapse during a phone call with The New York Sun, hinting at a political pivot toward Trump and criticising the legal process that led to his 25-year sentence.

Railgun Returns Stolen Funds: $9.5 Million zkLend Exploit

The zkLend exploit reveals how privacy protocols with compliance mechanisms can unexpectedly reverse illicit gains, casting fresh light on the evolving interplay between DeFi, enforcement, and user anonymity.