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A report from blockchain security firm Hacken reveals a significant reduction in exploits targeting decentralized finance (DeFi) protocols in 2024, contrasted by a notable increase in losses experienced by centralized finance (CeFi) platforms due to security breaches. In its annual “Web3 Security Re

The blockchain realm is flourishing, the Bitcoin network hashrate has reached an unprecedented peak. On October 21, it soared to an all-time high of 769.8 exahashes per second (EH/s), demonstrating fortifying security for the world's pioneering blockchain network. Since 2021, the hashrate has been o

A new hacking method dubbed "Dark Skippy" has Bitcoin users on edge. It can steal private keys from hardware wallets with just two transactions. The vulnerability affects all hardware wallet models. The catch? Attackers need victims to download dodgy firmware. But once in, it's game over. Security r

Binance, the top dog in crypto trading, has pulled off a major security coup. They've managed to recover or freeze a whopping $73 million in stolen funds this year. It's only July, and they've already outdone their 2023 efforts. Last year, Binance helped users get back $55 million. This year's figur

Tether CEO Paolo Ardoino suggests localized AI models as a solution to prevent hacks in blockchain. Ardoino argues that locally executable AI models are capable of protecting privacy and independence. Modern devices have sufficient power for this approach, according to Ardoino. He stated, "Smartphon