Nefture Decrypt: DeFi Risks and Crypto Crimes #3

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

A staggering $541 million was lost through crypto crimes in May 2024, a twofold jump from April 2024!

Thirty-three hacks drained more than $364 million, with a single hack responsible for more than $300 million of the stolen funds. This hack is the biggest crypto heist recorded since the November 2022 FXT hack and the 6th biggest crypto heist in history! […]

Comparative Analysis: Fidelity (FBTC) vs. BlackRock (IBIT) Bitcoin Spot?ETFs

Fidelity and BlackRock have been two leading figures among the ‘Newborn Nine’?—?a term coined for the cohort of recently launched exchange-traded funds that directly invest in Bitcoin?—?since the SEC approved spot Bitcoin ETFs in January 2024.

Together, they command today a 51% market share in the Bitcoin Spot ETF market, and have been gnawing at Grayscale’s lion’s share, bite by bite, since their inception. […]

Sonne Finance Exploit: Tracing the $20 Million Lost to the?Hack

Decentralized lending protocol Sonne Finance was exploited for $20 million through a known vulnerability in Compound Finance forks on May 15th, 2024!

Dive into our analysis to discover what happened and what has become of the stolen funds post-hack:

How to Secure Your and Your Company’s Crypto Wallet Private?Keys

$112.5 million was lost in a private key exploit by Chris Larsen, chairman of Ripple, in January 2024.

Private key exploits were the most damaging hacks for the crypto space in 2023, resulting in $765 million lost through 27 incidents targeting every typology of crypto actor. […]

Gala Games: Crypto Hacks & Endless Shenanigans

$216 million was almost wiped out from Gala Games’ coffers just a few days ago. But the most alarming fact about this heist is that nobody was surprised.

As a platform for distributing blockchain-based games, Gala Games’ history is marked by bizarre crypto heists, messy internal struggles, and endless shenanigans. […]

Pink Drainer Out, Inferno Drainer Back: New Shift in the Crypto Wallet Drainer?Industry

Crypto wallet drainers as a scam-as-a-service industry have seen a substantial shift in their ecosystem over the past days.

Pink Drainer, contrary to its cute name, has been a devastating force over the past year in the crypto space, with more than $85 million stolen from crypto wallets through their SaaS wallet drainers. […]

Looking for a Web3 job? You’re about to get?scammed!

With the massive layoffs in the crypto ecosystem since 2023, many people are looking for jobs, making them vulnerable to scammers. These scammers decided, “Why not strip off already vulnerable people?”

To do so they use legitimate Web3 job platforms to post fraudulent job offerings, which result in their soon-to-be victims losing the last of what they have. […]

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! ??https://calendly.com/d/ck6x-jrk-zkk/meeting-with-nefture?month=2024-05