Crypto News

The recent CrowdStrike data blackout has raised concerns about its effects on various sectors, including cryptocurrency firms. BlockchainThink of blockchain as a digital ledger that records transactions in a transparent, tamper-proof way. It's a chain of transaction blocks linked chronologically. More expert and former Naijacrypto CEO Chiagozie Iwu discussed the impact on crypto companies, highlighting the resilience of decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More networks. He advised centralized platforms to adopt decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... More cloud-based architectures like Internet Computer (Dfinity) to bolster their cybersecurity measures. This approach is crucial for enhancing crypto firms’ cybersec

Dough Finance, a DeFi protocol, lost $1.8 million in digital assets due to a flash loan attack. The attacker exploited unvalidated call data, stealing 608 ETHEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. More. Web3 security firm Cyvers detected the incident on July 12 and confirmed Aave’s pools were secure. The attacker used the ZK protocol Railgun to fund the attack, swapping stolen USDC for ETHEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. More. This highlights the vulnerabilities in DeFi and the need for robust security measures to protect digital assets.

In 2024, cryptocurrency hacks have shifted focus to centralized exchanges, witnessing a 900% rise in stolen funds compared to last year, according to Cyvers. Their mid-year security report shows nearly $1.4 billion in total stolen crypto, with $600 million lost in just Q2. This represents a 100% increase from the same period in 2023. While DeFi protocols are becoming more resilient, centralized exchanges face significant breaches due to asset concentration and possible security lapses. The rise

Robinhood users can now access personalized investment strategies, data analytics tools, and real-time insights through the integration of Pluto Capital’s AI technology on the platform.

Meme coins play an important role in the cryptocurrency world, offering unique opportunities to investors. Traders have seen substantial profits trading popular memes like MAGA and PEPE, with top performers boasting impressive returns of over 1,300%.