certik
CertiK Announces the Completion of British Pound Backed Stablecoin on Binance
According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.
Web3 Security CertiK X Account Compromised in Phishing Scam
CertiK, a blockchain security firm, suffered a cyber attack on its X account, leading to phishing scams, raising concerns about crypto security vulnerabilities and sophisticated social engineering tactics.
Critical Security Vulnerability in OKX iOS App: CertiK's Urgent Update Advisory
CertiK issued a high-priority alert for OKX iOS app users, urging an immediate update due to a discovered critical RCE vulnerability that poses a serious threat to data and asset security.
Web3 Security 2023 State Revealed, Nearly $2 Billion Lost
CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.
CertiK: Crypto Social Media Scams Surge
CertiK discusses the growing threat of crypto scams on social media, citing a FTC report revealing over $1 billion lost in the 18 months leading to June 2022, with nearly half coming from social media interactions. It suggests preventive measures like hardware wallets and smart contract security audits.
Tornado Cash Used to Siphon $500k from Hacked DAO Maker - PeckShield
Blockchain Security Company PeckShield and Crypto Security Specialist, CertiK have announced that a hacker laundered $500, 000 DAI stablecoins via Tornado Cash
Kokomo Finance Accused of $4M Exit Scam
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, is suspected of an exit scam worth $4 million. The protocol allegedly plucked user funds via a smart contract loophole, causing the Kokomo Finance token to plummet 95% in value. Blockchain security firm CertiK alerted its followers to the situation, noting that Kokomo Finance removed all social media accounts following the incident.
Bahamut Foundation launches Bahamut Grants program with a 10 mln $FTN fund
Bahamut Foundation offers 10 Mln $FTN for projects on Fastex Ecosystem blockchain platform, supporting POSA consensus, encouraging individuals, businesses, organizations, and researchers to pitch projects.
CertiK Raises $60m In New Funding in Two Weeks
The new fund comes just two weeks after CertiK mopped up $88 million Series B3 round as the blockchain company continues to beef up its business offerings.
Blockchain Security Firm Certik Raises Nearly $88m in Stock Offering
Blockchain security and audits firm, Certik raise nearly $88 million through a stock offering.
Goldman Sachs Joins Investors to Fund CertiK as it Tops $2B Valuation
New York-headquartered blockchain security startup, CertiK has finally confirmed it raised $88 million from investors led by Tiger Global, Advent International and other investors.
Smart Contracts Security Firm Certora Pulls $36m in Series B Funding
Certora, a security tech startup that helps DeFi based smart contracts identify bugs in their codes before they are deployed has raised $36 million from investors.
Scammers escape discovery by utilising black market identities
Crypto scammers have been accessing a "cheap and easy" black market of individuals willing to put their name and face on fraudulent projects for the low price of $8. These individuals are described by CertiK as "Professional KYC actors". Some roles paid up to $500 a week if an actor was to play the role of CEO for a malicious project. A tool released in October by Mastercard combines artificial intelligence and blockchain data to help find and prevent fraud. Another recent example has been the work of French authorities using on-chain analysis to find and charge five people who stole nonfungible tokens (NFT) through a phishing scam.
Centralization Caused Most DeFi Hacks of 2021, $1.3B Loss to Users in 2021
Certik says the centralization of operational models cited is one of the major faults amongst protocols that suffered mishaps, causing at least $1.3 billion loss to users last year.