Cyvers launches institutional crypto security tool for $4B vulnerability

Cyvers launches institutional crypto security tool for $4B vulnerability
фото показано с : cointelegraph.com

2024-11-20 13:51

Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.

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crypto cyvers system detection protect threat transfers

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Фото:

Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

Token infrastructure platform Hedgey Finance lost approximately $44. 5 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey’s “createLockedCampaign” function using flash-loaned funds to siphon off the funds.

2024-4-20 18:30