io.finnet’s Post

🔑 Crypto Wallets 101: Custodial vs. Non-Custodial Understanding the difference between custodial and non-custodial wallets is crucial for managing your assets effectively. Custodial wallets offer convenience, while non-custodial wallets provide full control and security. At Sphynx Labs, we help you navigate these choices so you can protect your investments.  Check out our carousel below to learn more! 📲 #CryptoWallets #SphynxLabs #DeFiSecurity #CustodialVsNonCustodial 

𝗔𝘂𝗱𝗶𝘁 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 🔒 The Cyber Finance protocol has passed our comprehensive security audit, demonstrating a strong commitment to the highest security standards. 📝 CyberFinance is an all-in-one DeFi hub on Telegram, integrating essential products such as DEXs, memecoin launchpads, and perpetual trading into users' daily lives. Leveraging Telegram's wide adoption, it bridges Web2 and Web3, making DeFi accessible through its user-friendly platform and recently released multichain wallet. Discover multiple DeFi offerings and farming mechanics provided by CyberFinance. #Web3Security #Cybersecurity #DeFi 🔗Check out their platform: https://cyberfinance.xyz/

TurboDEX's Commitment to Security in Crypto Trading In an industry where security is paramount, TurboDEX has always prioritized creating a fortress for our traders' assets. Here's how we're leading the charge: - Advanced Encryption: Implementing industry-leading security protocols. - Regular Audits: Partnering with top cybersecurity firms for ongoing audits. - User Control: Ensuring our users have the tools to protect their accounts and investments. As CEO, my pledge is to maintain this fortress and continue to build trust within our trading community. #Cybersecurity #CryptoTrading #TurboDEX #BlockchainSecurity

It appears that 🇰🇵 Lazarus (APT38) has set up new infrastructure and continues to impersonate NGC Ventures. /104.168.203[.]161 /ngc.regular-meeting[.]site /regular-meeting[.]site #lazarus #northkorea #apt38 #threatintelligence #threathunting #cybersecurity #dprk #bitcoin

Bankroll Status, a BNB Chain DeFi platform, has suffered a $230,000 loss due to a recent hacking incident attributed to the hacker group DualPools. This group is notorious for targeting DeFi projects, utilizing smart contract vulnerabilities to steal funds. Cybersecurity firm Cyvers reported that they observed suspicious transactions linked to DualPools, issuing warnings during the breach. This attack comes just days after BingX faced a significant security breach, losing over $52 million. With the frequency of such hacks on the rise, Cyvers urges DeFi platforms to bolster their security measures. DualPools employs a gradual approach to attacks, often going unnoticed until significant damage is done. As the DeFi ecosystem grapples with increasing risks, the need for advanced security strategies becomes critical to protect user funds and ensure platform integrity. . . . . #bnb #business #cyvers #bingx #cryptocrime #hacking #cryptostan #thecryptocountry

Ensuring robust security measures within fintech applications is paramount in today's digital landscape. From encryption protocols to multi-factor authentication, every layer plays a crucial role in safeguarding sensitive financial data. As the fintech industry continues to innovate, staying ahead of emerging threats remains a top priority. Let's collaborate and share insights on best practices to fortify our fintech ecosystem against cyber threats. #Fintech #CyberSecurity #Innovation #DataProtection https://lnkd.in/dB2gQm9X

Despite a $230M cyberattack, INR funds remain safe! Co-founder Nischal Shetty reassures users and reveals recovery plans. Discover how WazirX is securing digital assets and restoring full platform functionality. Read more: https://lnkd.in/eu968H-f #Cybersecurity #Crypto #WazirX #ThreatIntelligence #DarkWebMonitoring #AttackSurfaceManagement #VulnerabilityManagement #BrandIntelligence #Takedown #Disruption #ThirdPartyRiskManagement

Following a major cyberattack on BtcTurk, Binance steps in, freezing over $5.3M in stolen funds. CEO Richard Teng shares how Binance is collaborating with BtcTurk to fortify security. Read more: https://lnkd.in/dZ3MU9B6 #CryptoSecurity #Binance #BtcTurk #Cybersecurity

🔍 $55.47M Phished from MakerDAO Vault in a Sophisticated Attack Blockscope’s latest investigation has uncovered a significant phishing exploit happened on 20th August, draining $55.47M from a Crypto Whale's MakerDAO vault. The attacker employed advanced tactics, utilizing 1Inch Aggregation Router V5 and Cow Swap to obfuscate the movement of the stolen funds, creating additional challenges in tracking. Through Blockscope’s advanced monitoring tools, we’ve meticulously unraveled the entire attack and are actively tracking the attacker’s addresses for any further movement. For an in-depth analysis of how this attack was executed and what steps are being taken, read the full investigation below. ⬇ 🖇 https://lnkd.in/gVpdA3nx #CyberSecurity #DeFi #BlockchainSecurity #CryptoSecurity #MakerDAO #PhishingAttack #Blockscope

🚨 In October 2024, Radiant Capital was #hacked for the second time this year, resulting in estimated losses of $53 million 😱 Here's what happened: Attackers targeted the protocol through malware, manipulating signers into approving malicious transactions. 🥷 Once compromised, the attackers gained control of the protocol's lending pools, deployed malicious contracts, and siphoned funds 💸 📰 Read more: https://lnkd.in/dH8Mwv23 This incident highlights the critical need for robust private key protection and a strong security program. For assistance in safeguarding your project against attacks, reach out to Halborn 🛡️ #Cybersecurity #Web3 #Hacks #Blockchain #Crypto