Latest news with #Hacken
Yahoo
2 days ago
- Business
- Yahoo
Winger finally OPENS up about Liverpool transfer
That might have been the case with Momodou Lamin Sonko, when he emerged as a candidate to sign for Liverpool back in January 2024. As exclusively revealed by Anfield Watch, Liverpool have admired Sonko for a long time. They invited him on a trial back in 2017, when he was just 12-years-old. Advertisement Many years later in 2024, Liverpool then tried to sign him after his brilliant performances in Hacken but in the end the move never happpened. Sonko joined Gent, where the Reds have continued to monitor his progress and where the youngster is still honing his skills and ready to explode. Now though he's focused on representing Sweden at U21 level and ahead of his nation's games this month, he was quizzed about Liverpool's interest. This time Sonko finally opened up about his potential transfer to the club and even his trial at the Reds. "The way I look at it is that they were already interested there and I went there and tried it out a bit," the winger told Expressen. Advertisement "I felt I was a little too young to move but they have continued to keep an eye on me. The development in Sweden has been good before I moved so it feels quite natural." Sonko then also opened up about Liverpool's interest in him during the January transfer window in 2024. "I don't actually know. I was in Hacken and tried not to think too much about sales. Then it happened quite quickly and suddenly I was in Gent. I don't really have a good idea," he said. And then Sonko also went onto lavish praise on Arne Slot and the club's brilliant season. "Yes, absolutely incredible. They have been superior in the Premier League. They looked very strong in the Champions League too before they had a tough match at PSG. It has been an incredibly good season. A very good debut season for the coaches too," he said. Anfield Watch understands Liverpool will continue to monitor Sonko and the Reds might just return for him if he has a breakout season.
Cision Canada
13-05-2025
- Business
- Cision Canada
Independent Audit from Hacken Confirms MEXC's Strong Security Standards
VICTORIA, Seychelles, May 13, 2025 /CNW/ -- As part of a systematic approach to ensuring the security, transparency and sustainability of its platform, MEXC, a leading global cryptocurrency exchange, regularly undergoes both technical and financial audits. One of the latest steps in this direction included the successful completion of a security audit by Hacken, a leading Web3 cybersecurity firm. The audit found no critical or high-risk vulnerabilities in the MEXC mobile application and confirmed that previously identified minor issues were fully addressed. Key Takeaways: No critical or high-risk vulnerabilities were identified. All minor issues flagged during the audit were promptly resolved. The platform demonstrates adherence to robust security protocols and architecture. The audit conducted under the comprehensive Hacken's pentest methodology framework assessed all possible vulnerabilities of the MEXC app to attacks from malicious actors and exploitation. Hacken confirmed that MEXC's existing security measures provide comprehensive protection against known threat vectors. The audit also reviewed the platform's operational architecture, emphasizing a balance between usability and security. Specifically, Hacken highlighted the MEXC app's user-centric design and simplified navigation, which significantly improve the trading experience for both beginners and experienced traders. Special attention was given to the app's infrastructure around trading execution, data handling, and fund transfer mechanisms. MEXC has already addressed and resolved all low-risk vulnerabilities and risks that were flagged by the audit to strengthen the app's resilience and improve the overall user security and trading experience. The prompt resolution highlights the exchange's transparency towards its users and commitment to protecting its ecosystem from emerging threats. Commenting on the audit, MEXC COO Tracy Jin stated: "External, independent verification is an essential part of maintaining user trust and ensuring accountability. We thank Hacken for their work and continue to prioritize transparency and security, as we scale our services globally." Security and transparency remain key priorities for MEXC. In addition to successful technical audits, the exchange regularly confirms its financial stability through regular independently verified Proof of Reserves reports. This data is available to users and partners and meets industry standards for openness and control over user assets. The full security audit report by Hacken is available at LINK. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. About Hacken Hacken is a trusted blockchain security auditor on a mission to make Web3 a safer place. With a team of 60+ certified engineers, it provides solutions covering all aspects of blockchain security, such as smart contract & protocol audits, bug bounties, and security assessments. Hacken has been raising the bar for blockchain security, working with more than 1,500 Web3 projects since its inception in 2017.
Wales Online
06-05-2025
- Sport
- Wales Online
Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update
Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update The latest news from the Stadium Lewis O'Brien of Swansea City (Image:) Here's your round-up of all the latest Swansea City news for Thursday, May 6. O'Brien thanks Swansea Lewis O'Brien has bid farewell to Swansea City - for the time being at least. The midfielder has been a huge hit since arriving on loan from Nottingham Forest in January, and has been a big part of boss Alan Sheehan's plans, having started all 16 games for the club since making his debut under previous coach Luke Williams in the win over Bristol City. Sign up to our Swansea City newsletter here O'Brien has already stated he'd be open to making a return should the opportunity arise, while director of football Richard Montague has similarly admitted the club would love to keep him on board. However, given he is still contracted to the club, any decision over the 26-year-old's future is likely to be in Forest's hands this summer. There's a chance O'Brien may well be made available given he's unlikely to force his way into the first team picture at the City Ground next season, but any move would likely prove testing for the Swans. Article continues below Even if Forest were to entertain another loan bid, they would likely want a fee, while the player's wage demands could also prove a significant stumbling block. "I just want to say a massive thank you to everyone at Swansea City for the past few months," O'Brien said in a message to the Jack Army on social media. "The staff, my teammates, and especially the fans who welcomed me with open arms. It's been a privilege to wear the shirt and be part of this club. I've learned a lot during my time here and will always be grateful for the experience. "Once a Jack, always a Jack!" Hacken chief speaks out on Inoussa move Hacken director of football Martin Ericsson says Swansea City have signed a player capable of presenting a 'constant threat' to opponents in Zeidane Inoussa. The winger, who has signed a five-year deal at the club for an undisclosed fee, is poised to link up with his new club on July 1, and Ericsson says the move is testament to the work being done at the club. "It is yet another confirmation that our model is successful," he said. "First of all, I am happy for Zeidane. We have had a clear plan with him from the start and the fact that it is now becoming a reality shows once again that we can sell, are interesting in that market and have a good environment where we are good at developing players. "Zeidane has been important for us, despite the two longer injury periods 'Z' has had. His individual skill, speed and physique make him a constant threat to the opponent and he has contributed strongly in, among other things, the European game last year and the fine cup game we had this year." Wales move 'likely' Kilmarnock boss Derek McInnes admits Bobby Wales is likely to complete a move to Swansea City this summer. The 19-year-old is understood to have agreed a four-year deal with the Swans, which will come into effect once he has seen out his current contract at Rugby Park. However, it seems there are still a few items to be ironed out before the deal is officially completed, with a compensation fee also likely to be required, which early indications suggest could be around £300,000. Sign up to the Swansea City WhatsApp service to get breaking news and top stories sent to your phone Sources in SA1 remain confident the deal will happen, although the player is, at the time of writing, yet to undergo a medical. Indeed, it's likely the forward's immediate focus is likely to be on the rest of the Scottish Premiership season. Speaking after his side's 2-0 win over St Johnstone, McInnes said: "I don't think anything has been finalised, but it's looking likely. Article continues below "I spoke to Bobby at the back end of last week and the start of this week and I think the deal's looking likely. "But it's still not done yet. I think once that does get done, we can speak about that and wish Bobby on his way. "I can't really say with any certainty if the reports are accurate. All I can say is that there is an interest. But I don't think it's finalised yet."
Business Mayor
29-04-2025
- Business
- Business Mayor
OKX publishes proof of reserves with over 100% assets held for 22 cryptocurrencies
OKX's latest proof-of-reserves report reveals the crypto exchange holds reserves exceeding the number of assets deposited by customers on the platform, specifically for 22 major cryptocurrencies. According to the crypto exchange's 30th consecutive Proof of Reserves report, the platform currently holds a total of $23.1 billion worth of primary assets from 22 major tokens, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), Ripple (XRP), Dogecoin (DOGE) and many others. 'OKX understands that the safety and security of customer assets are top priorities. We ensure our balance sheet always holds enough assets with a 1:1 reserve ratio, giving us a longstanding reputation for best-in-class security and liquidity,' stated the crypto exchange. Audited by major web3 security auditor Hacken, the crypto exchange boasts on-chain reserves of over 100% of assets held across 22 cryptocurrencies, with the exception of its own native token OKB (OKB) which stands at exactly 100% or a 1:1 ratio. Starting with the largest cryptocurrency by market cap, the platform's wallet holds a total of 139,082 BTC or worth $13.2 trillion. Compared to the total BTC held by OKX accounts, which is 133,151 BTC, OKX's reserves currently holds 104% of its customer deposits. In the case of Ethereum, the second largest cryptocurrency by market cap, the exchange also has 104% of its ETH reserves stored compared to the ETH held in customer accounts. The same can be said about OKX's Tether reserves, the exchange has a total of 8.15 trillion USDT in its reserves or equal to a 104% ratio compared to its customer deposits. The crypto exchange's proof of reserves ratio for USDC, Dogecoin and Solana (SOL) have also exceeded 100% by an additional 1%. Meanwhile, its proof-of-reserves ratio for XRP is the largest compared to any of the 22 primary assets, which is 110%. Proof of Reserves is a cryptographic attestation that customer deposits are fully matched by on-chain reserves at a specific time. This means that in the event of an exploit or a hack, the exchange has enough funds in its reserves to cover customer losses and ensure liquidity on the platform holds up.
Yahoo
06-04-2025
- Business
- Yahoo
$2B Lost In 90 Days: How Losses In Crypto Security Incidents In Q1 2025 Increased 96% Y/Y
Losses in crypto security incidents in Q1 nearly doubled compared to Q1 2024. A continued dominance of so-called access control attacks has raised concerns. Behind Q1's alarming hack numbers, there was at least one positive trend. The cryptocurrency industry is no stranger to hacks and scams, but Q1 was particularly rough, and that might be putting it mildly. $2 billion. That's how much was lost in crypto security incidents in Q1, according to a Tuesday security report from Web3 security outfit Hacken. For context, the figure represents a 96% increase over what the industry lost in Q1 2024 and is almost equivalent to the $2.25 billion lost in the whole of 2024. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. If there was a new fund backed by Jeff Bezos offering a ? Of the $2 billion lost in Q1, over $1.6 billion was lost to so-called access control exploits, over $300 million was lost to rug pulls, over $96 million was lost to phishing scams, and over $29 million was lost to smart contract vulnerabilities. The dominance of access control exploits is significant as a variation of it has led to the largest exploits for three consecutive quarters. Access control exploits see bad actors target the infrastructure surrounding a project, like its website front-end, to gain access and steal user funds. In the past three quarters, it has proved particularly effective in targeting Safe multi-sig crypto wallets, which are thought to provide additional security by eliminating a single point of failure. Trending: BlackRock is calling 2025 the year of alternative assets. As highlighted by Hacken, access control exploits targeting Safe multi-sigs were behind the $235 million WazirX exploit in Q3 2024, the $55 million Radiant Capital exploit in Q4 2024, and the infamous $1.5 billion Bybit hack in Q1, the largest in the quarter by far and the largest exploit in history. According to Hacken, the trend highlighted a failure to secure the surrounding infrastructure around these multi-sigs as much as the smart contracts behind the wallet. Security practices suggested by the firm included implementing human-readable signing to allow signers to see clearly the details of the transaction they are consenting to, securing off-chain components like web interfaces, and promoting operational discipline among signers. Meanwhile, in addition to this access control exploit concern, Hacken highlighted that bad actors displayed new money laundering tricks in Q1. Trending: Here's what Americans think you need to be considered wealthy. Typically, when funds are stolen in the cryptocurrency space, they are funneled through mixers to obscure their origins, but bad actors may now be turning to a very different venue: trading platforms. In this approach, bad actors open large leveraged bets with their loot while hedging against that bet elsewhere with clean capital. They then let the leveraged position get liquidated while retaining the profits from the hedged position. 'By sacrificing the origin wallet and creating a loss event on-chain, the attacker distances themselves from the stolen capital while retaining its economic value,' the report approach these malicious actors are exploring is staging sandwich attacks to reframe stolen funds as profits from DeFi arbitrage. Still, behind Q1's alarming hack numbers and the growing sophistication in how bad actors launder their loot, the cryptocurrency industry was able to largely maintain one positive trend. Specifically, the industry did not see a significant rise in decentralized finance exploits in line with a steady decline in the previous four quarters. According to Hacken, this suggested that protocol design is maturing. Read Next: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – These five entrepreneurs are worth $223 billion – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article $2B Lost In 90 Days: How Losses In Crypto Security Incidents In Q1 2025 Increased 96% Y/Y originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
