Security

Still from Sergio Leone's 1965 classic spaghetti western "For a Few Dollars More," where Clint Eastwood plays an antihero character with an unorthodox sense of justice. (Wikimedia Commons)
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
Still from Sergio Leone's 1965 classic spaghetti western "For a Few Dollars More," where Clint Eastwood plays an antihero character with an unorthodox sense of justice. (Wikimedia Commons)

Artistic rendering of the GitHub page where the Cosmos "reentrancy vulnerability" was described. (GitHub)
Patched Cosmos Bug Could've Put $150M At Risk, Says Firm That Reported It
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
Artistic rendering of the GitHub page where the Cosmos "reentrancy vulnerability" was described. (GitHub)

JP Morgan building (Shutterstock)
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said.
JP Morgan building (Shutterstock)

(Kelly Sikkema/Unsplash, modified by CoinDesk)
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
Key management is crucial to crypto maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maint...
(Kelly Sikkema/Unsplash, modified by CoinDesk)

a cleaver chops a lemon in half
How the Bitcoin Halving Could Affect Network Security
After the block reward drops to 3.125 bitcoins, miners could power down their less efficient machines.
a cleaver chops a lemon in half

(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)