Digital Asset Security Startup Fireblocks Leaves Stealth Mode With $16 Million in Funding

Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding. Digital asset cybersecurity startup Fireblocks announced its launch out of stealth mode with $16 million in funding, according to a press release shared with Cointelegraph on June 11. Per the release, Fireblocks obtained the capital during its Series […]

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Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report

Despite bitcoin price rising by 57% in May, a new report from SFOX has downgraded the crypto market outlook to uncertain. The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6. While the report acknowledged that crypto prices recovered substantially last month, the authors described […]

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Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability

Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability. Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5. Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing […]

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