Browsing: Security

Polymarket pauses trading over security issue | The Paypers NewsCrypto, Web3 and CBDC

In the uncharted waters of decentralized finance (DeFi), lurking dangers continue to cast shadows over the emerging digital economy, particularly in the realm of oracle systems. The brazen attack on Nostra Finance’s native token, NSTR, stands as a stark illustration of the fragility embedded in our trusted frameworks. This alarming breach spotlights pressing issues: the…

S&P Global has entered into an agreement to acquire OpenZeppelin — a developer of security solutions for onchain finance. The deal is expected to expand S&P Global’s capabilities in digital asset risk assessment and help the company build new security assessment tools, benchmarks, and analytics for a financial market that is moving to blockchain infrastructure.

Smart contract security is a highly relevant problem for the cryptocurrency and decentralized finance industries, as billions of dollars are vulnerable to software vulnerabilities, credential breaches, and increasingly sophisticated attacks.

TheDAO Security Fund opened the second round of its ETHSecurity Initiatives program on Tuesday, publishing a crowd77 million in funding and asking the companies that benefit from the work to co-fund it