On October 27th, DeFi project Team Finance announced that they had just been alerted about an exploit on its protocol. They said they were investigating the incident and ‘working to analyze and remedy the situation.’ They also requested the exploiter to contact them for a potential bug bounty ...

In late October, on-chain investigator and crypto Twitter community member @ZachXBT notified his followers that a phishing scammer known as Monkey Drainer had stolen the equivalent of 700 ETH worth around $1 million at the time and several NFTs in 24 hours.

Elon Musk is officially the new owner of Twitter. The billionaire entrepreneur who is the founder and CEO of SpaceX, CEO of Tesla, Founder of the Boring Company, and co-founder of Neuralink and OpenAI is now the ‘Chief Twit’ according to a recent update of his Twitter bio.

The founder and CEO of FTX, Sam Bankman-Fried (SBF), announced on October 24th via Twitter that the exchange would compensate users of the crypto exchange affected by the recent elaborate 3Commas-related phishing attack. Mr. Bankman-Fried capped the compensation at $6 million and clarified that it ...

The electronic devices we use to go about our daily lives increasingly rely on the internet to function and provide real-time updates to information. Most apps and widgets on mobile devices and personal computers constantly send and receive data via the web to efficiently serve our needs. The same ...

Until recently, cryptocurrency users and traders were generally concerned that their favorite centralized or decentralized platform would one day become the victim of an exploit, and their hard-earned digital assets would be at the mercy of hackers.

The crypto-verse was shocked when news broke that the now-bankrupt crypto lender Celsius Network had published a 14,500-page document detailing every one of its users' full names alongside the types and amounts of transactions they carried out on the platform. The data included crypto holdings, ...

Early October 7th, CZ announced via Twitter that the BNB Smart Chain was experiencing an exploit on its cross-chain bridge, BSC Token Hub, that had resulted in the minting and transfer of extra BNB.

Ethereum’s successful Merge between its mainnet on the now obsolete proof-of-work chain and the Beacon Chain of its new proof-of-stake Consensus layer (Ethereum 2.0) marked the first significant step of a series of upgrades intended to improve the network in terms of scalability and ...

On September 28th, the United States Securities and Exchange Commission (SEC) announced that it was charging The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and the CEO of Moonwalkers Trading Limited for their roles in carrying out the sale of an unregistered securities ...

As technology evolves, we are more interconnected with the applications that run on mobile phones and the websites we visit daily to make our lives easier. Internet and app users are increasingly aware that every online interaction can eventually be linked to their real-life identities.

The US SEC is not the only regulatory body extending its mandate into the crypto-verse. On September 22nd, The Commodities Futures Trading Commission (CFTC) announced that it had charged bZeroX, LLC and its founders, Tom Bean and Kyle Kistner, with the following:

On September 15th, 2022, the Ethereum community was elated that the long-anticipated Merge between the Beacon Chain of ETH2.0 (Consensus Layer) and the Mainnet of its proof-of-work network went about successfully without any major hiccup. However, the transition of Ethereum to a proof-of-stake ...

President Biden’s White House has taken the first step in providing a first-ever blueprint for the regulation of crypto through the publication of its ‘Comprehensive Framework for Responsible Development of Digital Assets.’

The world continues to depend more and more on the internet as modern-day electronics become increasingly interconnected to our daily lives. Mobile phones and the applications that run on them attempt to make life easier by providing quick access to services such as banking, health, entertainment, ...

The Merge is scheduled to happen on September 15th, and the event is set to transition Ethereum from the energy-intensive proof-of-work algorithm to a more eco-friendly proof-of-stake.

The Ethereum network has a long history of congestion issues that have often led to high gas fees. The first and most popular incident dates back to December 2017, when Cryptokitties clogged the Ethereum network and caused it to grind to a halt.

Privacy is a fundamental human right. In the current digital age, savvy individuals can use personal information to carry out malicious attacks on unsuspecting individuals.

The Ethereum network has undergone several upgrades since its launch in 2015. All the upgrades have had a single mission in unlocking Ethereum’s full potential, and the Merge event is no different.

In 1999, NASA lost a $125 million Mars orbiter because Lockheed Martin engineers used the English measurement system, whereas the NASA team used the metric system. The mismatch in units caused navigation errors leading to the loss of the said orbiter.

Navigating the internet without leaving bread crumbs of your presence is increasingly becoming difficult as our real-life identities are tied to our online ones. As a result, online privacy is vital as you do not want personal information in the hands of hackers, extortionists, and other malicious ...

Crypto adoption, particularly of stablecoins, has brought to light real-life use cases of digital assets as a means of transferring value quickly and cheaply compared to the traditional financial system. Crypto holders can send Bitcoin, Ethereum, USDT, or USDC to their family and friends worldwide ...

Starting a business for any entrepreneur is an arduous task that requires persistence, patience, and the right tools to help get things rolling in the right direction. A typical day for an entrepreneur involves responding to emails, tweaking website details, keeping in touch with networks, keeping ...

On May 19th, 2022, Litecoin’s highly anticipated MimbleWimble upgrade was deployed on the LTC network at block 2,257,920. The upgrade, named after a tongue-tying spell from the Harry Potter series of books and movies, had been in discussion within the Litecoin community from as way back as 2016 ...

On June 30th, EU legislators from its Parliament, Commission, and Council reached a deal on the Markets in Crypto Assets bill (MiCA) and Transfer of Funds Regulation (TFR) bill. The two landmark bills marked the beginning of what many believe is the EU setting the pace for the rest of the world ...

2022 has been a big year for crypto hackers. A recent report estimated that a total of $1.4 billion had been lost through attacks on cross-chain bridges since the year began. Another report gave a $2 billion approximation of the total crypto lost due to DeFi hacks in the first half of 2022. The ...

This week, the OMNIA team is in Toronto, Canada, to participate in the ETHToronto hackathon event. Held from August 8th to August 10th, ETHToronto brought together Ethereum developers and enthusiasts from around the world in the city where the project was first ideated by Vitalik Buterin back in ...

Earlier this week, the Solana crypto community was rocked by what looked like an unsolvable hack that drained roughly $4.5 million in SOL from several thousand users' wallets. An initial estimate by the team at MistTrack had identified 8,000 affected wallets with their funds being siphoned off to ...

As Web3 continues to evolve and develop, there is an urgent need to focus on privacy on the blockchain in a similar, if not a more advanced manner, than what is available for Web2. Web3 users want to control their privacy on the blockchain and choose when they reveal personal information, such as ...

Two to three decades ago, the term wallet was synonymous with a leather pouch or bag that fits in the palm of your hand and pocket. Such a wallet was used to store physical money and identification documents. But the internet and the launch of Bitcoin in 2009 and Ethereum in 2015 have resulted in ...

Web3, DAOs, NFTs, and countless technical terms are confusing, and we get it. We were exactly in the same position when we first encountered them. But with time, the complexity reduces as the experience grows due to interacting with the various digital assets, blockchain networks, and decentralized ...