May 2025 saw a significant decrease in the total value stolen through cryptocurrency hacks, according to data from blockchain security firm PeckShield. While 20 major breaches were recorded, […]
Crypto Theft Groups Exploit New EIP-7702 Mechanism
A new mechanism, EIP-7702, designed for automatic fund transfers within the cryptocurrency ecosystem is being actively exploited by criminal groups. Security firm SlowMist’s Cosine highlighted on X (formerly […]
Naoris Protocol Raises $3 Million in Strategic Funding Round Led by Mason Labs
Blockchain security platform Naoris Protocol has secured a strategic funding round of $3 million led by Mason Labs, a venture capital firm specializing in infrastructure-grade technologies. This significant […]
Naoris Protocol Secures $3 Million to Advance Quantum-Resistant Blockchain Security
Naoris Protocol, a blockchain platform focused on creating quantum-resistant security infrastructure, has secured a $3 million funding round led by Mason Labs. This investment highlights the growing need […]
Cetus Protocol (CETUS) Soars 27% After Hack Recovery Announcement
The Cetus Protocol, the largest liquidity provider on the SUI blockchain, witnessed a remarkable intraday surge of 27% in its native token CETUS price. This follows an announcement […]
Blockchain Security Firm Discovers Attack on Decentralized Stablecoin Protocol
A cybersecurity firm, BlockSec, has identified a hacking incident affecting the decentralized stablecoin protocol, Usual. This attack was detected by BlockSec’s monitoring system, causing the suspension of Usual’s […]
Sui Foundation Secures Loan to Support Cetus User Compensation
The Sui Foundation has pledged a secured loan to Cetus, an initiative aimed at swiftly compensating affected users for recent asset losses. According to Foresight News, this funding […]
Blackrock Warns of Quantum Threat to Bitcoin, Echoing Ripple’s CTO Concerns
Investment giant BlackRock has issued a stark warning about the potential long-term impact of quantum computing on Bitcoin. This coincides with concerns raised previously by David Schwartz, Ripple’s […]
Russian National Arrested for Attempted $730K Crypto Heist in Seoul
A Russian man, apprehended in Busan after an attempted crypto heist in Seoul, has been charged with assault and attempted robbery. Authorities say the suspect targeted 10 Korean […]
Sui Bolsters Security with $10M Fund Following Cetus Incident
Following the Cetus incident, which impacted Sui users due to a math library bug, the Sui Foundation has pledged an additional $10 million for enhanced security across the […]
Cetus Exploit Explained: A Breakdown of the Attack and Recovery
A recent exploit in the Cetus DeFi system has exposed a previously unknown vulnerability, resulting in substantial losses for users. This incident highlights the importance of comprehensive security […]
Cetus Suffers $223 Million Hack, Raising Concerns About Open-Source Code Security on Sui
The trading platform Cetus on the Sui blockchain has been hit with a significant hack resulting in a loss of $223 million. The breach was attributed to a […]
Sui DEX Cetus Hit by $223 Million Exploit, Flaws In Open-Source Library Exposed
Cetus Protocol, a Sui-based decentralized exchange (DEX), suffered a significant $223 million exploit after an open-source library used in its smart contract was found to contain a flaw. […]
Can SUI Reclaim Market Trust after Security Breach?
SUI’s ecosystem has experienced a significant market downturn following the Cetus exploit. While its technical capabilities like Mysticeti consensus and a $10 million security fund are noteworthy, concerns […]
Sui Blockchain Announces $10 Million Security Initiative Following Cetus Hack
Following a high-profile $223 million exploit and growing community unrest, the Sui blockchain is taking proactive steps to enhance security and regain trust. The foundation has committed a […]