Blockchain

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PeckShield, the blockchain analytics and security company, reported earlier today that some BitKeep wallet users had their funds drained from the platform. According to the current estimations, the total amount stolen is roughly $8 million in various digital assets. After Hacktober, which was the worst month in the crypto industry in terms of hacks and exploits, the attackers seem to be back on the offensive as of now. The latest to fall victim is the BitKeep wallet,...

Immunefi, a leading bug bounty platform for the cryptocurrency industry, has paid out a total of $65 million to white hat hackers since its founding in 2020. These ethical hackers search for vulnerabilities in smart contracts and blockchain projects and are rewarded for reporting them to Immunefi. This helps to secure users’ assets and prevent bad actors from stealing funds. Smart Contract Bugs Account for Majority of Paid Reports According to Immunefi, 58.3% of the paid...

Ethereum, the second largest cryptocurrency, is the home of smart contracts and decentralized applications (dApps), holding a major share of the total value locked in the sector. Ethereum’s dominance in the dApp market was up to 90% before other rival platforms were created. Nonetheless, Ethereum is still the undisputed king of dApps. Despite its high fees, the platform is still the first choice for different applications, ranging from finance, exchanges, and storage to...

Citron Research is betting big against cryptocurrencies. In particular, the company is focusing on Ethereum, which it claims is the best digital asset to short at the time of writing. Citron Research Is Pushing Ethereum Crypto has been treated rather unfairly throughout 2022. The year has arguably been the worst for the space, with several digital currency and blockchain firms filing bankruptcy and falling off the Earth’s grid. It’s a sad and ugly sight to see, and one...

TechFest IIT Bombay is Asia’s Largest technology festival where the world’s leading crypto influencers gather with key government delegates, media and other investors to assist the global blockchain and cryptocurrency communities. It is one of the most prestigious events of the global cryptocurrency and blockchain ecosystem. Furthermore, the festival combines young minds and blockchain enthusiasts in one place to provide knowledge about the industry to the community. The...