security

Axelar's Price Surge Signals a Shift in Cross-Chain Security?

Axelar's Price Surge Signals a Shift in Cross-Chain Security?

The recent price action of Axelar (AXL) has been nothing short of eye-popping. However, is it another crypto pump, or does it imply something deeper that is occurring in the cross-chain ecosystem? I’d argue it’s the latter, and here’s why. We're not just witnessing a price surge; we're potentially seeing...

Ethereum's Privacy Revolution Is Here, But Are We Ready?

Ethereum's Privacy Revolution Is Here, But Are We Ready?

Vitalik Buterin says privacy is freedom. Freedom. It’s a dangerous word that we cavalierly throw about like confetti, particularly in the U.S. What does it mean in a world where every click, every purchase—and soon even every thought—is surveilled? It means our everyday actions are being surveilled and monetized more...

ZKsync Hit by $5M Hack After Compromised Account Exploited

ZKsync Hit by $5M Hack After Compromised Account Exploited

Just last week, hackers stole around $5 million worth of ZKsync’s native ZK crypto, raising alarm bells among crypto insiders. In this case, a compromised administrative account was the key that opened the door. This provided the attackers the opportunity to take control of unregistered tokens from a recent airdrop....

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

Five million dollars. Gone. Poof. Taken from ZKsync, currently one of Ethereum’s supposedly greatest beacons of hope in the Layer-2 scaling arms – sorry, race. They say user funds are safe. They say the protocol is secure. But does it feel that way? Does it sound that way? This isn't...

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

Five million dollars gone. Poof. ZKsync, another darling of the Ethereum scaling world, just got hacked. And while they’re at it reassuring everyone that “everything is OK,” let’s face it – that’s not true, it’s not that simple. It’s a bright, blinking neon sign blaring that the airdrop model is...