• crypto users poor security practices
    Cryptocurrencies,  Technology

    Survey sheds light on crypto users’ poor security practices

    A quarter of the people who took part in the study by hardware wallet maker Ngrave are less secure than they expected to be—and only 1% are safer

    While losses were down substantially in 2020, according to CipherTrace, crypto fraud, thefts, and hacks still accounted for $1.8 billion through October. That includes September’s $281 million hack of the KuCoin exchange in September.

  • Ledger customer fear safety
    Cryptocurrencies,  Technology

    Hacked Ledger customers fear for safety

    The leading hardware wallet’s customers’ personal information was hacked in June. That included physical address that have now been leaked publically—opening them to phishing attacks and even personal danger

    The document contains all the data of nearly 273,000 orders—including full name, physical address, email address, and phone number. This data could be used for more advanced scams or the basis for an identity theft.

  • First DeFi merger
    Alt coins

    First DeFi merger? Yearn.Finance and Pickle Finance join forces

    The two DeFi protocols aim to ‘reduce duplicate work, increase specialization, and to leverage shared expertise.’ Of course, there was that $20 million Pickle hack

    As part of the integration, deposits made into Yearn’s v2 Vaults and Pickle’s Jars will merge, meaning that users making deposits will earn rewards from both the protocols. The merger will become effective when the second version of the Yearn.Finance protocol—which is currently under development—comes online.

  • Harvest bounty after DeFi hack
    Alt coins

    Harvest offers $100K bounty to track down hacker—while claiming to know who stole $24M

    ‘You’ve proven your point… thousands of people are acting as collateral damage,’ the decentralized finance protocol writes on Twitter

    The decentralized protocol is offering a $100,000 bounty for information that leads them to the attacker responsible for the heist, which triggered a dramatic run. But, Harvest also said it has a pretty good idea who the hacker is.