Quantum computing is still more lab-coat than street-level threat, but Coinbase says the crypto industry needs to start preparing now before today’s wallet security assumptions get left in the dust. Post-quantum security: the next major upgrade path for Bitcoin and crypto wallets Private keys at risk: digital signatures are the weak point, not the blockchain […]
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Crypto hacks have crossed a grim milestone: more than $17 billion stolen over the past decade, according to DefiLlama data. The pattern is getting uglier, too — attackers are moving away from pure smart contract bugs and straight toward private keys, phishing, credential theft, and bridge infrastructure. 518 hacks logged since 2014 Over $17 billion […]
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Tangem Wallet Swiftly Resolves Security Flaw Exposing User Seed Phrases Tangem, a prominent cryptocurrency wallet provider, took quick action to patch a critical security vulnerability that exposed private keys via email for a small subset of its users, following a Reddit user’s discovery. Reddit user uncovers flaw on Dec. 29, 2024 Less than 0.1% of […]
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DeFi Hacks of 2024: A Year of Significant Losses and Lessons In 2024, the decentralized finance (DeFi) sector was rocked by a series of high-profile security breaches, resulting in a staggering $1.27 billion in stolen funds. This year’s hacks, from private key compromises to smart contract exploits, have laid bare the vulnerabilities within the crypto […]
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Binance’s CZ Offers Crucial Crypto Security Advice: Protect Your Private Keys As digital currencies become more common, safeguarding these assets is crucial. Changpeng Zhao, widely known as CZ and the CEO of Binance, provides a key piece of advice relevant to both crypto novices and veterans: never accept a hardware wallet or private key from […]
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