security

Lido Hack: 1.4 ETH Lost, But Your Staked ETH is Safe!

Lido Hack: 1.4 ETH Lost, But Your Staked ETH is Safe!

Not long ago, we learned of a security incident involving Lido, the world’s largest provider of liquid staking for Ether (ETH). It is particularly worrying any time that a security breach occurs. Before you start panic selling, it’s important to understand just how serious this breach is and what Lido...

Lido's $4,200 Hack Is a Wake-Up Call, Not a Disaster!

Lido's $4,200 Hack Is a Wake-Up Call, Not a Disaster!

Okay, let's be real. When you hear “hack” and “crypto” in the same breath, it makes your stomach drop. Mine does too. Before you start imagining your valuable ETH evaporating into the metaverse, breathe easy. The most recent Lido hack turned on a compromised oracle key which led to a...

Lido's Oracle Hack A Warning: Is Staking Really Decentralized?

Lido's Oracle Hack A Warning: Is Staking Really Decentralized?

Okay, let's be frank. The significance of the Lido oracle hack may appear small, given that only $4,200 in gas fees were stolen. Alarm bells should certainly be sounding. It’s not the dollar amount that matters, it’s that the dream of decentralization has been exposed to the light of reality....

Lido Hack: 1.4 ETH Lost, But What Does It Mean for Your Staked ETH?

Lido Hack: 1.4 ETH Lost, But What Does It Mean for Your Staked ETH?

The rapidly changing landscape of cryptocurrency, matched with the complex technology behind it, continues to bring the ongoing risk of hacks and breaches. Lido Finance, the largest liquid staking adapter on Ethereum and a critical part of the Ethereum staking ecosystem, was recently attacked. This shocking occurrence resulted in the...

Lido's $4,200 Hack Is A Wake-Up Call For DeFi's Future

Lido's $4,200 Hack Is A Wake-Up Call For DeFi's Future

I have a vivid memory of talking with my friend Sarah after a hackathon last year. She’s incredibly bright, a total coding whiz, but the moment I began explaining the concept of staking ETH, her eyes kind of glazed over. It just seems really overwhelming,” she admitted, “and to be...

Lido DAO Moves to Rotate Compromised Oracle Key After Limited Breach

Lido DAO Moves to Rotate Compromised Oracle Key After Limited Breach

That’s why Lido Finance, the largest liquid staking protocol on Ethereum, launched their first emergency DAO vote. This decision follows a recent security incident that led to the loss of $1.46 ETH worth in gas fees, requiring the rotation of a compromised oracle key. That hack compromised one of the...

Ledger Addresses Discord Security Breach Attempt

Ledger Addresses Discord Security Breach Attempt

Ledger, the popular cryptocurrency hardware wallet provider, suffered a major security breach earlier this week on its Discord server. For the second time in as many months, a hacker bot tried to steal users’ seed phrases, though the company insists that the matter was promptly shut down. This incident follows...

Ledger's Discord Hack: Is This the End of Crypto Communities?

Ledger's Discord Hack: Is This the End of Crypto Communities?

Imagine this scenario: you step into your favorite independent coffee shop. It’s the community space you rely on for your morning coffee and familiar smiles. Then, all of a sudden, the barista you were getting safe coffee from begins serving up poisoned coffee. At least, that’s how the Ledger Discord...

Top Brett (BRETT) Wallets of May 2025: Secure Your Meme Coins!

Top Brett (BRETT) Wallets of May 2025: Secure Your Meme Coins!

Brett (BRETT) is another meme coin originally launched on the Base blockchain. Modeled after the Boy’s Club comics, it has taken the crypto world by storm. With all investors aiming to protect their BRETT investments by May 2025, selecting the ideal BRETT-compatible wallet is significant. This guide is meant to...

Top Wallets for Storing Floki in 2025: Security and Functionality

Top Wallets for Storing Floki in 2025: Security and Functionality

Floki, one of the most successful meme coins boom on Ethereum blockchain has emerged as game changer in crypto world. Holders of Floki ($FLOKI) can keep their tokens in any wallet that supports the ERC-20 standard. When it comes to selecting a wallet, you have lots of choices. Ensure you...