Altcoin News Official Today TheBitTimes.com

The popular ‘decentralized’ derivatives exchange, dYdX, has announced via its X (formerly Twitter) account that its v3 website was compromised. It has, however, moved to reassure users that this does not affect the current v4. The dydx.exchange website appears to have been hosted on Squarespace, according to its registration. Almost two weeks ago, several other crypto products, including Compound Finance and Celer Network announced that their frontends had been compromised. Both of these sites also relied on Squarespace for domain registration services. We just learned that dYdX v3 website (dYdX . exchange) has been compromised. Please do not visit the website or click any links until further notice. An update will be provided when available. This message does not relate to dYdX v4. — dYdX (@dYdX) July 23, 2024 When these other products were compromised , the firm took to X to note that “ no vulnerabilities or security issues have been detected at this ti...

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The non-fungible token (NFT) space spares no one, not even those who call themselves NFT God. An experienced investor like Kevin Rose also got duped in early-2023, losing NFTs worth $1 million or more. Cracks like these betray the troubled state of NFT security across platforms. Over 13,650 NFTs have been stolen since mid-2021, amounting to over $29.5 million. Leading NFT market place s are adopting and implementing processes to mitigate thefts and scams, or at least minimize their impact, but with very limited scope. It mostly involves some compromise , either on the part of creators or victims.  You might also like: NFT theft decreased 20% in July: report There’s much debate around whether creators must compensate users who suffer NFT thefts. But one considerable aspect is that the stakes of swiping and flipping N...