Security

(Possessed Photography/ Unsplash)
Digital Assets Innovation Needs to Balance Decentralization and Security
The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that.
(Possessed Photography/ Unsplash)

(Jason Leung/Unsplash)
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022.
(Jason Leung/Unsplash)

(Alina Grubnyak/Unsplash)
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them...
(Alina Grubnyak/Unsplash)

DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2...
DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)

Security (Jarmoluk/Pixabay)
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth...
Security (Jarmoluk/Pixabay)

CEO Ido Ben-Natan and CTO Raz Niv
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
Blockaid claims to have scanned 450 million transactions, thwarted 1.2 million malicious transactions and safeguarded $500 million in user funds in the last three months .
CEO Ido Ben-Natan and CTO Raz Niv

CertiK CEO Ronghui Gu says the company is dealing with "evolving market dynamics." (CertiK)
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
CertiK CEO Ronghui Gu says the company is dealing with "evolving market dynamics." (CertiK)

Computer Hacking (Shutterstock)
Mixin Network Losses Nearly $200M in Hack
Mixin Network is a protocol designed to address blockchain scalability issues – at the expense of having a centralized database.
Computer Hacking (Shutterstock)

Air traffic controller (Beckett P/Unsplash, modified by CoinDesk)
‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood
Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere.
Air traffic controller (Beckett P/Unsplash, modified by CoinDesk)

SOMA Finance to issue compliant security token (Pixabay)
SOMA Finance to Issue the First Retail Compliant Digital Security
The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.
SOMA Finance to issue compliant security token (Pixabay)