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Starknet Proposes L1 Transition by 2027 to Address Quantum Security Risks
Starknet, a prominent Ethereum Layer-2 scaling solution, is evaluating a strategic transition to become an independent Layer-1 (L1) network by 2027. According to StarkWare CEO Eli Ben-Sasson, this migration is driven by…
Bitget Security Breach Linked to Third-Party Zero-Day Vulnerability
The prominent blockchain security firm SlowMist has released a comprehensive phased investigation report regarding the recent security breach at Bitget, a major cryptocurrency exchange. The findings, published on Septem…
Unverified Smart Contracts Targeted: $30.7 Million Stolen via AI
A recent report by Chainalysis has revealed a growing security threat within the decentralized finance (DeFi) ecosystem, noting that at least $30.7 million has been stolen over the past six months from protocols with un…
Syndicate Completes Bridge Attack Compensation With 15% Bonus
The decentralized infrastructure provider Syndicate Labs has officially announced the completion of its reimbursement process following a recent security breach on its cross-chain bridge. All eligible holders of the SYN…
Mastercard Joins BSSC to Develop Global Blockchain Security Standards
Global payment giant Mastercard has officially joined the Blockchain Security Standards Committee (BSSC) as a charter member. This strategic move aims to establish a robust security framework for decentralized networks …
Solana Faces Quantum Security Risks as Performance Drops in Tests
The high-performance blockchain Solana (SOL) is currently navigating a significant security-performance dilemma following recent vulnerability assessments. A collaboration with Project Eleven to integrate quantum-resist…
Google Warns of Quantum Threat to Blockchains Using ECDLP-256
Google's Quantum AI team has issued a critical warning regarding the long-term security of the cryptocurrency ecosystem, highlighting that the majority of existing blockchains rely on the ECDLP-256 protocol. According t…