BitGo patches critical vulnerability first discovered by Fireblocks

BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users.

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US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls for policymakers to increase oversight. [...]

The post US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto appeared first on Crypto Breaking News.

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Allbridge attacker gives back $465k of stolen funds

Allbridge, the latest victim of cyber-attacks, has issued a statement to inform its fraternity about the ongoing developments via its official Twitter space. Per the statement, the multichain token bridge has received $465k worth of BNB tokens from the hacks’ perpetrators. The remaining lost amount is retained as a white hat reward by the exploiter. …

<p>The post Allbridge attacker gives back $465k of stolen funds first appeared on CCNC | Cryptocurrency Newscast.</p>

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Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process

On May 29, 2023, Certik, a blockchain and smart contract auditing firm, reported a critical security vulnerability within Worldcoin’s verification process. This flaw could have allowed attackers to bypass strict identification measures and operate an Orb, a device used to collect users’ iris information. The revelation comes amidst existing complaints regarding Worldcoin’s data collection practices [...]

The post Certik Uncovers Security Vulnerability in Worldcoin’s Verification Process appeared first on Crypto Breaking News.

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