Cyber Heist of Over $145 Million in Ether Laundered Following Heco Bridge Exploit
In a dramatic unfolding of events that underscores the persistent vulnerabilities within the cryptocurrency sector, hackers behind the 2023 Heco Bridge exploit have successfully laundered an astonishing $145.7 million in ether. The operation, conducted over a mere eight-day period through the cryptocurrency mixer Tornado Cash, highlights the sophisticated strategies employed by cybercriminals to evade detection […]
Why Do Blockchain Projects Need a Security Audit?
A Blockchain Security Audit is an in-depth evaluation of a blockchain network’s internal operations, aimed at identifying vulnerabilities that hackers could exploit. It involves scrutinizing every aspect of the network, from smart contracts to the robustness of the network infrastructure. During a security audit, cybersecurity experts conduct a thorough analysis of the blockchain’s code. The […]
