News list for " gold platform"
According to market sources, economist Peter Schiff said that if he bought Bitcoin when he first heard about it, he would have made the most gains of his career, adding that "in hindsight it should have been done". But he also believes that most investors will eventually lose money on Bitcoin. Peter Schiff announced the launch of a tokenized gold platform and neobank. The platform allows gold as a payment medium, allowing users to receive payments and use debit cards, and automatically sell gold...
Web 3 bug bounty platform Immunefi has suspended white hat security company Trust Security for 90 days after accusing it of unjustly refusing to pay a bug bounty after discovering a serious vulnerability that could have led to the theft of funds. On November 12, Trust Security revealed on X that its bounty team had discovered a critical funds theft vulnerability on the forked mainnet of an unnamed project. The proof-of-concept for the vulnerability has been updated with Immunefi.
Vulnerability bounty platform Immunefi said in its latest report that since BNB Chain was established in 2017, BNB Chain has lost as much as $1.64 billion due to hacking and Rug Pull. Of that, $1.27 billion is attributed to hacking, and the rest is related to Rug Pull. The report evaluated 228 Rug Pull cases involving $368 million, the largest of which was the DeFiAI Rug Pull case in November 2022, which involved $40 million., In comparison, the cumulative loss on the Ethereum chain was 3.60 bil...
Web3 bug bounty platform Immunefi has partnered with the Ethereum Foundation to launch "Attackathon", a large-scale collaborative audit competition for the Ethereum network. The event features a time-limited code review program to spot bugs in the core protocol and invites top security researchers to participate in Ethereum's security and technical review efforts. Ethereum developers and ecosystem projects have been invited to contribute to the program's reward pool. The Ethereum Foundation has ...
Open Bounty, a bug bounty platform, has come under intense criticism from other security researchers after it was discovered that user-submitted bug reports were posted on the public blockchain, according to TimCraig. Pascal Caversaccio, an independent security researcher who first discovered the issue, said it was extremely irresponsible to publicly disclose a potential vulnerability, and any hacker could sift through reports and exploit them.
According to Web3 bug bounty platform Immunefi, the crypto industry lost $572.70 million to hacking and fraud in the second quarter. DMM Bitcoin and BtcTurk were the two largest vulnerabilities, causing $305 million and $55 million in losses, respectively. Losses for the quarter increased by 70.3% over Quarter 1's $336.30 million worth of vulnerabilities and by 112% over the second quarter of 2023. In the second quarter, hacking was the leading cause of losses, with 53 incidents in which hacking...
