SwissBorg has confirmed a serious breach that led to the loss of around $41 million worth of Solana. The issue came from its SOL Earn product, where users lock up their SOL to earn rewards. The funds were taken from the platform through a compromised API tied to a third-party staking provider. SwissBorg says about one percent of user accounts were directly impacted, but the total amount lost adds up to about two percent of the company’s overall assets. Breach Traced to Staking Partner Kiln The breach was ...

Proud to join hands with @trmlabs as a founding member to launch the #BeaconNetwork — the first real-time crypto crime response network.Together with global partners, #HTX is committed to building an “iron wall” for the industry and safeguarding the future of crypto.#CryptoSecurityAri Redbord (@ARedbord):@trmlabs is launching the Beacon Network! This is what it looks like when the entire industry comes together - @coinbase @binance @PayPal @RobinhoodApp @stripe @krakenfx @Ripple @cryptocom @ZodiaCustody @bl ...