Blockchain Security

IoTeX Foundation Vows Full Repayment After $4.4M Bridge Hack

The IoTeX Foundation pledged to fully compensate users affected by last week’s $4.4 million bridge exploit, committing treasury funds regardless of whether stolen assets are recovered. The move aims to restore confidence and make victims whole while investigations continue.

Coinbase Forms Independent Advisory Board to Tackle Quantum Threats

Coinbase has appointed six experts to an independent advisory board to assess quantum-computing threats and steer the crypto industry's preparedness strategy. The panel will evaluate post-quantum defenses, key-management practices, and cross-industry coordination.

Mistrial for MIT Brothers in $25M Ethereum Theft Case Raises Security and Legal Questions – cover image
Mistrial for MIT Brothers in $25M Ethereum Theft Case Raises Security and Legal Questions

A federal judge declared a mistrial Friday in the high-profile case against two MIT brothers accused of stealing $25 million in crypto in just 12 seconds by exploiting Ethereum. The outcome leaves technical, legal and industry implications unresolved.

BigONE Exchange Suffers $27 Million Crypto Hack: What Investors Need to Know – cover image
BigONE Exchange Suffers $27 Million Crypto Hack: What Investors Need to Know

BigONE cryptocurrency exchange experienced a $27 million hack affecting its hot wallet. Despite the breach, private keys and cold storage remained safe. The company is covering losses and enhancing security, working with SlowMist to recover assets. This incident highlights the ongoing challenges in crypto security.