Nefture Decrypt: DeFi Risks and Crypto Crimes #2

?? JUST RELEASED ??The April 2024 Crypto Crime?Report

A staggering $171.4 million was lost to crypto crimes in April 2024, pushing the total amount lost for the year past the $1 billion mark.

Fraudulent projects accounted for more than half of the stolen funds, totaling $92.3 million. Hacks closely followed, draining $58.1 million across 24 different exploits, while phishing scams siphoned $21 million from thousands of victims.

All You Need to Know about North Korean Crypto Hackers: The Lazarus?Group

Famously known for being behind the biggest crypto heist in history, the North Korea state-sponsored hackers group Lazarus has heavily plagued the crypto space with more than $3 billion stolen in the past 3 years.

But their might goes well beyond the crypto space. They have actually been plaguing the whole world for the last 17 years.

The Existential Threat to ETH Stakers: The Client Majority?Risk

ETH stakers could face an existential threat, with the potential for 90% of Ethereum stake to be wiped out.

At the core of this threat lies the lack of client software diversity within Ethereum.

Liquid Staking vs Liquid Restaking: A Comprehensive Comparison

Liquid Staking and the newly arrived Liquid Restaking have been revolutionizing the DeFi space, completely reshaping staking as we know it.

Just when it seemed that only yesterday liquid staking was crowned king of DeFi, restaking and liquid restaking are now vying for the throne.

How a Simple Email Forced a +75M Hedge Fund to?Close

A simple Zoom invite brought a $75 million hedge fund to its knees. How? Because the Zoom invite was never one to begin with.

Today, we deep dive into this cautionary tale, relevant not only to the asset management industry but to every company worldwide.

The Billion Dollar Private Keys Exploit?—?Validators as Attack?Vectors

A billion dollars’ worth of staked tokens could’ve been silently stolen if not for dWallet Labs’ preemptive investigation into validator infrastructure safety.

A simple check of the network’s server security revealed the neglected security of validators, which are crucial to Proof of Stake (PoS) blockchain infrastructure.

?? NEFTURE?NEWS

• We’ve had a fantastic time engaging in ongoing discussions and collaboration with Amber Group about our security monitoring solution for tracking on-chain transactions and activities in smart contracts!

• TOKEN2049 was nothing short of incredible for Nefture !

• Our co-founder, Wafae Kerchi, has joined the esteemed panel of experts at the Cleo Academy!

• ?Nefture has officially joined the esteemed Paris Blockchain Society!

As a leading French community for blockchain professionals, the Paris Blockchain Society is dedicated to fostering business development and intellectual growth. We are thrilled to contribute our expertise in blockchain security to this remarkable initiative!

About Us I

Nefture is a Web3 real-time security and risk prevention platform that detects on-chain vulnerabilities and protects digital assets, protocols, and asset managers from significant losses or threats through its monitoring tools.

Nefture’s core services include Real-Time Crypto Transaction Security and a Threat Monitoring Platform that provides accurate exploit detections and fully customized alerts covering hundreds of risk types, with clear expertise in DeFi.

Today, Nefture proudly collaborates with leading projects and asset managers, providing them with unparalleled security solutions that mitigate threats and ensure the security of their wallets and transactions.

Book a meeting with the team! ??