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Historic DDoS Attack on Solana – network under intense pressure Historic DDoS Attack on Solana – network under intense pressure In recent days, the Solana blockchain has been the target of one of the largest DDoS (Distributed Denial of Service) attacks in cryptocurrency history. The attack peaked at around 6 terabits per second (Tbps) – a massive amount of network traffic aimed at overwhelming the network infrastructure and disrupting normal operations. DDoS involves sending a massive amount of requests simultaneously to force nodes (validators) to attempt to handle them, slowing down or blocking the system. In the context of blockchain, this means trying to delay or prevent the confirmation of transactions.

Historic DDoS Attack on Solana – network under intense pressure

Historic DDoS Attack on Solana – network under intense pressure

In recent days, the Solana blockchain has been the target of one of the largest DDoS (Distributed Denial of Service) attacks in cryptocurrency history. The attack peaked at around 6 terabits per second (Tbps) – a massive amount of network traffic aimed at overwhelming the network infrastructure and disrupting normal operations.

DDoS involves sending a massive amount of requests simultaneously to force nodes (validators) to attempt to handle them, slowing down or blocking the system. In the context of blockchain, this means trying to delay or prevent the confirmation of transactions.
Solana Withstands Massive 6 Tbps DDoS Attack — Network Performance Remains Nearly Unchanged At a time when blockchain networks are increasingly being tested under real-world pressure, Solana is facing one of its toughest challenges yet — and quietly passing the test. The network has been operating under a sustained, large-scale DDoS attack, reportedly peaking near 6 terabits per second (Tbps), a level that places it among the largest attacks ever recorded against any distributed system. Despite the scale, most users wouldn’t even know an attack is happening. --- Understanding the Scale of the Attack The ongoing attack was highlighted by Pipe Network, which reported that Solana has been hit by billions of packets per second. Under normal circumstances, traffic of this magnitude would be expected to cause: Rising latency Missed slots Delayed or failed transaction confirmations However, Solana’s live telemetry tells a very different story. --- Key Metrics Tell the Real Story Even at peak attack intensity, Solana’s core performance metrics have remained stable: Median transaction confirmation: ~450 milliseconds p90 confirmation time: under 700 milliseconds Slot latency: holding steady at 0–1 slots In practical terms, traders and everyday users are still experiencing sub-second confirmations, with no widespread outages or noticeable degradation. Solana Labs co-founder and COO Raj Gokal responded to the situation by pointing out how little impact the attack has had on actual usage, emphasizing that performance has remained intact despite the pressure. --- Validator Count and Network Resilience Debate The attack has reignited a broader industry discussion around validator counts and network resilience. This debate intensified after a separate DDoS incident on the Sui network, which reportedly caused transaction delays and block production issues. Some voices argued that lower validator counts make networks more fragile. However, others pushed back against the idea that simply increasing the number of validators is a guaranteed solution. --- Quality vs Quantity in Validators Mert Mumtaz, CEO of Helius, offered a more nuanced view. While acknowledging that validator diversity matters, he argued that: A smaller group of highly professional, well-resourced validators Can sometimes provide stronger resistance than Thousands of poorly configured or underpowered nodes He also confirmed publicly that Solana has been under a colossal DDoS attack for more than a week, calling the lack of visible user impact a strong testament to Solana’s engineering. --- Why Validator Numbers Still Matter Solana co-founder Anatoly Yakovenko added an important technical clarification. Validator count becomes especially relevant during leader transitions: If one leader completes a block while the next leader is under attack A higher validator count forces attackers to sustain pressure across more of the network This dramatically increases the cost and complexity of disrupting block production, making attacks far less efficient. --- Independent Confirmation From Network Observers Independent data aggregator SolanaFloor summarized the situation clearly: Solana has been under a sustained DDoS attack for roughly a week Traffic peaked near 6 Tbps, ranking among the largest attacks ever observed Network data continues to show: Sub-second confirmations Stable slot latency By comparison, similar attacks on other networks have resulted in mass delays and degraded performance, highlighting the difference in resilience. --- Blockchains Are Now Tier-1 DDoS Targets According to David Rhodus, founder of Permissionless Labs and a contributor to Pipe Network, this event marks a shift in how blockchains should be viewed: Public blockchains are no longer niche experiments They are now Tier-1 DDoS targets, similar to major internet infrastructure At 6 Tbps, the attack is clearly industrial-scale, not the work of casual attackers. This reflects the growing importance and economic weight of blockchain networks. --- Practical Lessons for Validators For validators, the takeaway is straightforward: Avoid reliance on a single hosting provider Use multi-region deployments Maintain backups across multiple infrastructure providers Even when the network itself remains operational, individual validator resilience depends heavily on infrastructure diversity. --- Quiet Reliability Is the Real Win Solana’s biggest claim from this episode is not about price action or headlines — it’s about reliability under extreme conditions. The network continued to function normally, without dramatic outages or user-visible failures, even while under sustained attack. This kind of quiet resilience may not stand out on a chart, but it is critical for real-world usability, especially for trading, DeFi, and payment applications that depend on consistent performance. At the time of writing, SOL was trading around $126, but the more important signal lies elsewhere: Solana demonstrated that it can operate smoothly even when pushed to the limits. #solana $SOL #BlockchainSecurity #CryptoInfrastructure #Web3 #BinanceSquare

Solana Withstands Massive 6 Tbps DDoS Attack — Network Performance Remains Nearly Unchanged

At a time when blockchain networks are increasingly being tested under real-world pressure, Solana is facing one of its toughest challenges yet — and quietly passing the test. The network has been operating under a sustained, large-scale DDoS attack, reportedly peaking near 6 terabits per second (Tbps), a level that places it among the largest attacks ever recorded against any distributed system.

Despite the scale, most users wouldn’t even know an attack is happening.

---

Understanding the Scale of the Attack

The ongoing attack was highlighted by Pipe Network, which reported that Solana has been hit by billions of packets per second. Under normal circumstances, traffic of this magnitude would be expected to cause:

Rising latency

Missed slots

Delayed or failed transaction confirmations

However, Solana’s live telemetry tells a very different story.

---

Key Metrics Tell the Real Story

Even at peak attack intensity, Solana’s core performance metrics have remained stable:

Median transaction confirmation: ~450 milliseconds

p90 confirmation time: under 700 milliseconds

Slot latency: holding steady at 0–1 slots

In practical terms, traders and everyday users are still experiencing sub-second confirmations, with no widespread outages or noticeable degradation.

Solana Labs co-founder and COO Raj Gokal responded to the situation by pointing out how little impact the attack has had on actual usage, emphasizing that performance has remained intact despite the pressure.

---

Validator Count and Network Resilience Debate

The attack has reignited a broader industry discussion around validator counts and network resilience. This debate intensified after a separate DDoS incident on the Sui network, which reportedly caused transaction delays and block production issues.

Some voices argued that lower validator counts make networks more fragile. However, others pushed back against the idea that simply increasing the number of validators is a guaranteed solution.

---

Quality vs Quantity in Validators

Mert Mumtaz, CEO of Helius, offered a more nuanced view. While acknowledging that validator diversity matters, he argued that:

A smaller group of highly professional, well-resourced validators

Can sometimes provide stronger resistance than

Thousands of poorly configured or underpowered nodes

He also confirmed publicly that Solana has been under a colossal DDoS attack for more than a week, calling the lack of visible user impact a strong testament to Solana’s engineering.

---

Why Validator Numbers Still Matter

Solana co-founder Anatoly Yakovenko added an important technical clarification. Validator count becomes especially relevant during leader transitions:

If one leader completes a block while the next leader is under attack

A higher validator count forces attackers to sustain pressure across more of the network

This dramatically increases the cost and complexity of disrupting block production, making attacks far less efficient.

---

Independent Confirmation From Network Observers

Independent data aggregator SolanaFloor summarized the situation clearly:

Solana has been under a sustained DDoS attack for roughly a week

Traffic peaked near 6 Tbps, ranking among the largest attacks ever observed

Network data continues to show:

Sub-second confirmations

Stable slot latency

By comparison, similar attacks on other networks have resulted in mass delays and degraded performance, highlighting the difference in resilience.

---

Blockchains Are Now Tier-1 DDoS Targets

According to David Rhodus, founder of Permissionless Labs and a contributor to Pipe Network, this event marks a shift in how blockchains should be viewed:

Public blockchains are no longer niche experiments

They are now Tier-1 DDoS targets, similar to major internet infrastructure

At 6 Tbps, the attack is clearly industrial-scale, not the work of casual attackers. This reflects the growing importance and economic weight of blockchain networks.

---

Practical Lessons for Validators

For validators, the takeaway is straightforward:

Avoid reliance on a single hosting provider

Use multi-region deployments

Maintain backups across multiple infrastructure providers

Even when the network itself remains operational, individual validator resilience depends heavily on infrastructure diversity.

---

Quiet Reliability Is the Real Win

Solana’s biggest claim from this episode is not about price action or headlines — it’s about reliability under extreme conditions. The network continued to function normally, without dramatic outages or user-visible failures, even while under sustained attack.

This kind of quiet resilience may not stand out on a chart, but it is critical for real-world usability, especially for trading, DeFi, and payment applications that depend on consistent performance.

At the time of writing, SOL was trading around $126, but the more important signal lies elsewhere: Solana demonstrated that it can operate smoothly even when pushed to the limits.

#solana $SOL #BlockchainSecurity
#CryptoInfrastructure
#Web3
#BinanceSquare
--
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Solana Steps Towards a Secure Future Against Quantum Computing 🚀🔐 The Solana Foundation announced a strategic partnership with Project Eleven to test quantum-resistant transactions on a dedicated test network. According to both parties, experiments have shown that executing quantum-hardened transactions from start to finish has become possible on the Solana network. This step reflects Solana's proactive vision in facing future threats that quantum computers may impose on current encryption systems, and confirms the network's commitment to enhancing the long-term security of blockchain infrastructure while maintaining the performance and speed it is known for. As developments in quantum computing accelerate, it seems that Solana aims to be at the forefront of future-ready networks. #Solana #QuantumResistant #BlockchainSecurity #CryptoNews #Web3 {spot}(SOLUSDT)
Solana Steps Towards a Secure Future Against Quantum Computing 🚀🔐

The Solana Foundation announced a strategic partnership with Project Eleven to test quantum-resistant transactions on a dedicated test network. According to both parties, experiments have shown that executing quantum-hardened transactions from start to finish has become possible on the Solana network.

This step reflects Solana's proactive vision in facing future threats that quantum computers may impose on current encryption systems, and confirms the network's commitment to enhancing the long-term security of blockchain infrastructure while maintaining the performance and speed it is known for.

As developments in quantum computing accelerate, it seems that Solana aims to be at the forefront of future-ready networks.

#Solana #QuantumResistant #BlockchainSecurity #CryptoNews #Web3
🚨 $27M Hack Hits Whale Multisig Wallet – Security Concerns on Spotlight! 🔐💸 In a shocking incident shaking the crypto world, a multisig wallet linked to a major whale has been compromised, resulting in a staggering $27 million loss. This incident highlights the persistent security vulnerabilities even in supposedly “safer” multisig setups. Experts warn that while multisig wallets are designed to enhance security by requiring multiple approvals for transactions, they are not immune to sophisticated cyberattacks. The breach raises urgent questions about wallet security protocols, private key management, and auditing practices. Crypto enthusiasts and investors are advised to: Regularly audit multisig wallets 🕵️‍♂️ Use hardware wallets for storing large sums 💾 Keep backup keys offline 🔑 The attack underscores the importance of staying vigilant in an increasingly risky digital asset environment. As the crypto market continues to grow, such incidents serve as a stark reminder: No wallet is 100% secure. #CryptoNews #WalletHack #MultisigSecurity #CryptoAlert #BlockchainSecurity $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT)
🚨 $27M Hack Hits Whale Multisig Wallet – Security Concerns on Spotlight! 🔐💸

In a shocking incident shaking the crypto world, a multisig wallet linked to a major whale has been compromised, resulting in a staggering $27 million loss. This incident highlights the persistent security vulnerabilities even in supposedly “safer” multisig setups.

Experts warn that while multisig wallets are designed to enhance security by requiring multiple approvals for transactions, they are not immune to sophisticated cyberattacks. The breach raises urgent questions about wallet security protocols, private key management, and auditing practices.

Crypto enthusiasts and investors are advised to:

Regularly audit multisig wallets 🕵️‍♂️

Use hardware wallets for storing large sums 💾

Keep backup keys offline 🔑

The attack underscores the importance of staying vigilant in an increasingly risky digital asset environment. As the crypto market continues to grow, such incidents serve as a stark reminder: No wallet is 100% secure.

#CryptoNews #WalletHack #MultisigSecurity #CryptoAlert #BlockchainSecurity $BTC
$ETH
🤯 Solana Just Withstood a Historic Cyberattack – And You Probably Didn't Even Notice! 🚀 Solana recently faced a massive DDoS attack – peaking at 6 terabits per second – ranking among the largest internet attacks *ever*. Yet, for everyday users, the experience remained remarkably stable. Here’s what happened: despite billions of packets per second, Solana maintained: ✅ Median transaction confirmation: ~450 milliseconds ✅ p90 confirmation time: under 700 milliseconds ✅ Slot latency: 0–1 slots Solana Labs’ co-founder Raj Gokal summed it up perfectly: “Did you hear Solana is under DDoS with zero impact on performance?” 🤔 The incident sparked debate around validator count, with some arguing more validators equal greater resilience. However, Helius CEO Mert Mumtaz pointed out that quality over quantity matters – 100 professional validators can outperform thousands of poorly configured ones. Solana founder Anatoly Yakovenko added that validator diversity increases the cost for attackers. Independent data from SolanaFloor confirms: sustained attack for a week, peak traffic of 6 Tbps, yet sub-second confirmations and stable slot latency – a stark contrast to the issues seen on Sui during a similar attack. This isn’t just about tech; it’s a signal that blockchains are now prime targets for industrial-scale attacks. Validators, take note: diversify your hosting! The real story isn’t a price surge, but Solana’s quiet resilience – proving its usability for DeFi, trading, and payments even under extreme pressure. $SOL is currently trading around $126, but the focus here is performance. #solana #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️ {future}(SOLUSDT)
🤯 Solana Just Withstood a Historic Cyberattack – And You Probably Didn't Even Notice! 🚀

Solana recently faced a massive DDoS attack – peaking at 6 terabits per second – ranking among the largest internet attacks *ever*. Yet, for everyday users, the experience remained remarkably stable.

Here’s what happened: despite billions of packets per second, Solana maintained:

✅ Median transaction confirmation: ~450 milliseconds
✅ p90 confirmation time: under 700 milliseconds
✅ Slot latency: 0–1 slots

Solana Labs’ co-founder Raj Gokal summed it up perfectly: “Did you hear Solana is under DDoS with zero impact on performance?” 🤔

The incident sparked debate around validator count, with some arguing more validators equal greater resilience. However, Helius CEO Mert Mumtaz pointed out that quality over quantity matters – 100 professional validators can outperform thousands of poorly configured ones. Solana founder Anatoly Yakovenko added that validator diversity increases the cost for attackers.

Independent data from SolanaFloor confirms: sustained attack for a week, peak traffic of 6 Tbps, yet sub-second confirmations and stable slot latency – a stark contrast to the issues seen on Sui during a similar attack.

This isn’t just about tech; it’s a signal that blockchains are now prime targets for industrial-scale attacks. Validators, take note: diversify your hosting!

The real story isn’t a price surge, but Solana’s quiet resilience – proving its usability for DeFi, trading, and payments even under extreme pressure. $SOL is currently trading around $126, but the focus here is performance.

#solana #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️
🤯 Solana Just Endured a Historic Cyberattack – And You Didn't Even Notice! 🚀 Solana has been quietly battling one of the largest Distributed Denial of Service (DDoS) attacks ever recorded – peaking at a massive 6 terabits per second – and the network barely flinched. While other blockchains would crumble under such pressure, Solana maintained sub-second transaction confirmations and stable slot latency. Despite billions of packets per second flooding the network, users experienced no widespread outages or noticeable delays. Solana’s resilience isn’t just about validator count, but the quality and resourcefulness of those validators. A smaller, highly professional group can outperform thousands of underpowered nodes. This attack highlights a critical shift: blockchains are now Tier-1 DDoS targets, demanding robust infrastructure and a focus on real-world reliability. Validators are urged to diversify hosting and maintain backups. The real win? Solana’s quiet reliability under extreme conditions. This isn’t about price; it’s about consistent performance for trading, DeFi, and payments. $SOL is proving its mettle. #solana $SOL #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️ {future}(SOLUSDT)
🤯 Solana Just Endured a Historic Cyberattack – And You Didn't Even Notice! 🚀

Solana has been quietly battling one of the largest Distributed Denial of Service (DDoS) attacks ever recorded – peaking at a massive 6 terabits per second – and the network barely flinched. While other blockchains would crumble under such pressure, Solana maintained sub-second transaction confirmations and stable slot latency.

Despite billions of packets per second flooding the network, users experienced no widespread outages or noticeable delays. Solana’s resilience isn’t just about validator count, but the quality and resourcefulness of those validators. A smaller, highly professional group can outperform thousands of underpowered nodes.

This attack highlights a critical shift: blockchains are now Tier-1 DDoS targets, demanding robust infrastructure and a focus on real-world reliability. Validators are urged to diversify hosting and maintain backups.

The real win? Solana’s quiet reliability under extreme conditions. This isn’t about price; it’s about consistent performance for trading, DeFi, and payments. $SOL is proving its mettle.

#solana $SOL #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️
🤯 Solana Just Endured a Historic Cyberattack – And You Didn't Even Notice! 🚀 Solana has been quietly battling one of the largest Distributed Denial of Service (DDoS) attacks ever recorded – peaking at a massive 6 terabits per second – and the network barely flinched. While other blockchains would crumble under such pressure, Solana maintained sub-second transaction confirmations and stable slot latency. Despite billions of packets per second flooding the network, users experienced no widespread outages or noticeable delays. Solana’s resilience isn’t just about validator count, but the quality and resourcefulness of those validators. A smaller, highly professional group can outperform thousands of underpowered nodes. This attack highlights a critical shift: blockchains are now Tier-1 DDoS targets, demanding robust infrastructure and a focus on real-world reliability. Validators are urged to diversify hosting and maintain backups. The real win? Solana’s quiet reliability under extreme conditions. This isn’t about price; it’s about consistent performance for trading, DeFi, and payments. $SOL is proving its mettle. #solana $SOL #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️ {future}(SOLUSDT)
🤯 Solana Just Endured a Historic Cyberattack – And You Didn't Even Notice! 🚀

Solana has been quietly battling one of the largest Distributed Denial of Service (DDoS) attacks ever recorded – peaking at a massive 6 terabits per second – and the network barely flinched. While other blockchains would crumble under such pressure, Solana maintained sub-second transaction confirmations and stable slot latency.

Despite billions of packets per second flooding the network, users experienced no widespread outages or noticeable delays. Solana’s resilience isn’t just about validator count, but the quality and resourcefulness of those validators. A smaller, highly professional group can outperform thousands of underpowered nodes.

This attack highlights a critical shift: blockchains are now Tier-1 DDoS targets, demanding robust infrastructure and a focus on real-world reliability. Validators are urged to diversify hosting and maintain backups.

The real win? Solana’s quiet reliability under extreme conditions. This isn’t about price; it’s about consistent performance for trading, DeFi, and payments. $SOL is proving its mettle.

#solana $SOL #BlockchainSecurity #CryptoInfrastructure #Web3 🛡️
🤯 Solana Just Endured a Historic DDoS Attack… And You Didn’t Even Notice? 🚀 Solana recently withstood a colossal Distributed Denial of Service (DDoS) attack – peaking at 6 terabits per second (Tbps), ranking among the largest internet attacks ever recorded. Yet, remarkably, the user experience remained almost unchanged. Here’s what the data shows: ✅ Median transaction confirmation: ~450 milliseconds ✅ p90 confirmation time: under 700 milliseconds ✅ Slot latency: 0–1 slots Users continued to receive sub-second confirmations with no major slowdowns reported. Solana Labs’ co-founder Raj Gokal quipped, “Did you hear Solana is under a DDoS with zero impact on performance?” 🤔 The incident reignited the debate around validator count and network resilience, following similar issues on the Sui network. However, Helius CEO Mert Mumtaz cautioned that simply adding more validators isn’t a guaranteed solution – quality and configuration matter. Solana founder Anatoly Yakovenko explained that validator diversity increases the cost for attackers. Independent data from SolanaFloor confirms the network maintained stability despite the sustained attack, unlike Sui which experienced mass delays. This highlights a crucial shift: blockchains are now Tier-1 DDoS targets, facing industrial-scale attacks. Validators should diversify hosting to mitigate risk. The real story isn’t about price (currently around $126 for $SOL), but about quiet resilience – the ability to function reliably under extreme pressure. That’s what truly matters for real-world usability in DeFi, trading, and payments. #solana #BlockchainSecurity #CryptoInfrastructure #Web3 {future}(SOLUSDT)
🤯 Solana Just Endured a Historic DDoS Attack… And You Didn’t Even Notice? 🚀

Solana recently withstood a colossal Distributed Denial of Service (DDoS) attack – peaking at 6 terabits per second (Tbps), ranking among the largest internet attacks ever recorded. Yet, remarkably, the user experience remained almost unchanged.

Here’s what the data shows:

✅ Median transaction confirmation: ~450 milliseconds
✅ p90 confirmation time: under 700 milliseconds
✅ Slot latency: 0–1 slots

Users continued to receive sub-second confirmations with no major slowdowns reported. Solana Labs’ co-founder Raj Gokal quipped, “Did you hear Solana is under a DDoS with zero impact on performance?” 🤔

The incident reignited the debate around validator count and network resilience, following similar issues on the Sui network. However, Helius CEO Mert Mumtaz cautioned that simply adding more validators isn’t a guaranteed solution – quality and configuration matter. Solana founder Anatoly Yakovenko explained that validator diversity increases the cost for attackers.

Independent data from SolanaFloor confirms the network maintained stability despite the sustained attack, unlike Sui which experienced mass delays.

This highlights a crucial shift: blockchains are now Tier-1 DDoS targets, facing industrial-scale attacks. Validators should diversify hosting to mitigate risk.

The real story isn’t about price (currently around $126 for $SOL), but about quiet resilience – the ability to function reliably under extreme pressure. That’s what truly matters for real-world usability in DeFi, trading, and payments.

#solana #BlockchainSecurity #CryptoInfrastructure #Web3
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Record-Breaking DDoS Attack on Solana — But Users Almost Didn't Feel Anything In the world of blockchain, network attacks often mean slow confirmations, stuck transactions, and user frustration. But this time, the story is a bit different. Solana faced a colossal DDoS attack that has become one of the largest attacks in internet history in terms of scale — and yet, the experience for normal users remained almost unchanged. --- 6 Tbps DDoS: Understanding the Scale is Important Pipe Network confirmed on X that the DDoS attack on Solana peaked at 6 terabits per second (Tbps). This means:

Record-Breaking DDoS Attack on Solana — But Users Almost Didn't Feel Anything

In the world of blockchain, network attacks often mean slow confirmations, stuck transactions, and user frustration. But this time, the story is a bit different. Solana faced a colossal DDoS attack that has become one of the largest attacks in internet history in terms of scale — and yet, the experience for normal users remained almost unchanged.

---

6 Tbps DDoS: Understanding the Scale is Important

Pipe Network confirmed on X that the DDoS attack on Solana peaked at 6 terabits per second (Tbps). This means:
FTC Targets Nomad Bridge Operator After $186M Crypto Heist – Settlement Proposal on the TableThe U.S. Federal Trade Commission (FTC) is moving to finalize a landmark settlement with Illusory Systems Inc., the company behind the now-infamous Nomad crypto bridge that was drained of nearly all user funds in a massive 2022 hack. The proposed agreement follows a lengthy investigation and includes strong new obligations for the firm. If approved, Illusory will be permanently banned from misleading users about its security protocols. The company would be forced to implement a formal cybersecurity program, undergo third-party audits every two years, and return any unrecovered funds if found. A $186 Million Wake-Up Call for the Industry According to the FTC, the hack resulted in an estimated $186 million in stolen digital assets, with over $100 million in losses absorbed directly by retail users. The attack was made possible by what the agency describes as “severe negligence” in Nomad’s internal response systems. One of the most startling failures involved a delayed reaction due to the absence of any structured emergency protocol. “At the time of the breach, the platform relied on an engineer sending code via airplane Wi-Fi,” the FTC stated. “That delay proved fatal.” The incident exposed a critical flaw introduced in a smart contract during a June 2022 update. On August 1st, hackers exploited the vulnerability, draining assets across multiple tokens – including Ethereum (ETH), USDC, DAI, and WBTC – within hours. FTC: False Security Claims and Ignored Best Practices The FTC accuses Illusory of marketing Nomad as a “security-first” solution while failing to follow even basic software development standards. Despite publicly claiming that all smart contracts underwent extensive testing, engineers admitted post-hack that proper testing protocols had often been skipped. Worse yet, the platform lacked any dedicated reporting or escalation procedures for potential exploits. The agency argues this directly violated the Federal Trade Commission Act and left users dangerously exposed. Settlement Under Review – Public Comments Invited The FTC’s signed consent agreement is currently open to a 30-day public comment period. If no objections arise, the settlement could soon be finalized. It includes mandatory security reforms, financial restitution, and oversight of Illusory Systems’ future operations. Nomad, launched in 2021, was a cross-chain bridge enabling token transfers between blockchains like Ethereum and Avalanche. After the breach, the team managed to recover just $22 million of the stolen funds. Arrest in Israel Adds Another Twist In a dramatic postscript, Israeli authorities earlier this year arrested Alexander Gurevich, the alleged mastermind behind the Nomad exploit. According to investigators, Gurevich attempted to flee to Moscow shortly after changing his legal name. He was apprehended at the airport before boarding his flight. The Nomad case underscores a critical need for tighter cybersecurity standards across Web3 infrastructure – and offers a stark reminder that regulators are no longer sitting on the sidelines. #CryptoHack , #BlockchainSecurity , #CyberSecurity , #Web3 , #DigitalAssets Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

FTC Targets Nomad Bridge Operator After $186M Crypto Heist – Settlement Proposal on the Table

The U.S. Federal Trade Commission (FTC) is moving to finalize a landmark settlement with Illusory Systems Inc., the company behind the now-infamous Nomad crypto bridge that was drained of nearly all user funds in a massive 2022 hack. The proposed agreement follows a lengthy investigation and includes strong new obligations for the firm.
If approved, Illusory will be permanently banned from misleading users about its security protocols. The company would be forced to implement a formal cybersecurity program, undergo third-party audits every two years, and return any unrecovered funds if found.

A $186 Million Wake-Up Call for the Industry
According to the FTC, the hack resulted in an estimated $186 million in stolen digital assets, with over $100 million in losses absorbed directly by retail users. The attack was made possible by what the agency describes as “severe negligence” in Nomad’s internal response systems.
One of the most startling failures involved a delayed reaction due to the absence of any structured emergency protocol. “At the time of the breach, the platform relied on an engineer sending code via airplane Wi-Fi,” the FTC stated. “That delay proved fatal.”
The incident exposed a critical flaw introduced in a smart contract during a June 2022 update. On August 1st, hackers exploited the vulnerability, draining assets across multiple tokens – including Ethereum (ETH), USDC, DAI, and WBTC – within hours.

FTC: False Security Claims and Ignored Best Practices
The FTC accuses Illusory of marketing Nomad as a “security-first” solution while failing to follow even basic software development standards. Despite publicly claiming that all smart contracts underwent extensive testing, engineers admitted post-hack that proper testing protocols had often been skipped.
Worse yet, the platform lacked any dedicated reporting or escalation procedures for potential exploits. The agency argues this directly violated the Federal Trade Commission Act and left users dangerously exposed.

Settlement Under Review – Public Comments Invited
The FTC’s signed consent agreement is currently open to a 30-day public comment period. If no objections arise, the settlement could soon be finalized. It includes mandatory security reforms, financial restitution, and oversight of Illusory Systems’ future operations.
Nomad, launched in 2021, was a cross-chain bridge enabling token transfers between blockchains like Ethereum and Avalanche. After the breach, the team managed to recover just $22 million of the stolen funds.

Arrest in Israel Adds Another Twist
In a dramatic postscript, Israeli authorities earlier this year arrested Alexander Gurevich, the alleged mastermind behind the Nomad exploit. According to investigators, Gurevich attempted to flee to Moscow shortly after changing his legal name. He was apprehended at the airport before boarding his flight.
The Nomad case underscores a critical need for tighter cybersecurity standards across Web3 infrastructure – and offers a stark reminder that regulators are no longer sitting on the sidelines.

#CryptoHack , #BlockchainSecurity , #CyberSecurity , #Web3 , #DigitalAssets

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
--
Bullish
Regulatory Framework Update: Rulebook 2.0 Reshaping Crypto Compliance Effective June 2025, VARA introduces a comprehensive legal framework under Rulebook 2.0. $AAVE Real Estate Tokenization: Property Tokens are officially defined as Asset-Referenced Virtual Assets (ARVAs), bringing real estate tokenization under full regulatory oversight. $SEI Real-Time Monitoring: VASPs must conduct AML risk assessments every 3 months and implement automated KYT (Know Your Transaction) tools for real-time wallet activity monitoring. Privacy Token Ban: All privacy-focused tokens and anonymous virtual assets are prohibited in Dubai. $BIO Severe Penalties: Fines can reach AED 20 million for unlicensed operations or major AML/CTF violations. These measures aim to strengthen compliance, investor protection, and institutional trust in the Gulf’s crypto ecosystem. #CryptoRegulation #AMLCompliance #BlockchainSecurity #Tokenization {future}(BIOUSDT) {future}(SEIUSDT) {future}(AAVEUSDT)
Regulatory Framework Update: Rulebook 2.0 Reshaping Crypto Compliance
Effective June 2025, VARA introduces a comprehensive legal framework under Rulebook 2.0. $AAVE
Real Estate Tokenization: Property Tokens are officially defined as Asset-Referenced Virtual Assets (ARVAs), bringing real estate tokenization under full regulatory oversight. $SEI
Real-Time Monitoring: VASPs must conduct AML risk assessments every 3 months and implement automated KYT (Know Your Transaction) tools for real-time wallet activity monitoring.
Privacy Token Ban: All privacy-focused tokens and anonymous virtual assets are prohibited in Dubai. $BIO
Severe Penalties: Fines can reach AED 20 million for unlicensed operations or major AML/CTF violations.
These measures aim to strengthen compliance, investor protection, and institutional trust in the Gulf’s crypto ecosystem.
#CryptoRegulation #AMLCompliance #BlockchainSecurity #Tokenization
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Bullish
Network Upgrade Failures: The Hidden Risk of Hard Forks 1. The Process A blockchain network implements a major upgrade (Hard Fork), but incompatibility issues arise between old and new nodes. 2. The Consequence $PEPE The network may split into separate chains, creating confusion over valid tokens and potentially halting all transaction activity. 3. Why It Happens $BTC Poor coordination and lack of consensus during upgrades can lead to severe disruptions, damaging trust and liquidity. 4. Key Insight $ETH Robust testing and clear governance are essential to ensure smooth upgrades and prevent catastrophic chain splits. #BlockchainSecurity #HardFork #CryptoRisk #BinanceSquare {spot}(PEPEUSDT) {future}(ETHUSDT) {future}(BTCUSDT)
Network Upgrade Failures: The Hidden Risk of Hard Forks
1. The Process
A blockchain network implements a major upgrade (Hard Fork), but incompatibility issues arise between old and new nodes.
2. The Consequence $PEPE
The network may split into separate chains, creating confusion over valid tokens and potentially halting all transaction activity.
3. Why It Happens $BTC
Poor coordination and lack of consensus during upgrades can lead to severe disruptions, damaging trust and liquidity.
4. Key Insight $ETH
Robust testing and clear governance are essential to ensure smooth upgrades and prevent catastrophic chain splits.
#BlockchainSecurity #HardFork #CryptoRisk #BinanceSquare
See original
🚀 Solana is preparing for the future… even before it arrives! In a smart and bold move, the Solana Foundation announced its collaboration with Project Eleven, a company specializing in post-quantum cryptography, aimed at protecting the Solana network from potential quantum computing threats before they become a reality. 🔐 What is happening exactly? A comprehensive analysis of potential quantum risks Studying its impact on: • The network's infrastructure • User wallets • The security of validators Development of a dedicated Solana Testnet based on digital signatures resistant to quantum attacks ✨ The result? A new signing system that works efficiently, is scalable, and proves that quantum-resistant transactions can be executed from start to finish… successfully! 💡 The most important message here: Solana is not waiting for danger to knock at the door, but is building today's shield for tomorrow. 📌 And what’s even more striking? Project Eleven previously secured funding of $6 million led by Variant Fund and Quantonation to develop tools that protect digital assets like Bitcoin from future attacks. 🌍 We are not talking about an ordinary update… but about a strategic step that outlines the security of blockchain in the post-quantum era. 👉 What do you think? Do you believe that early preparation for quantum computing will make a difference between strong and weak projects? Share your opinion 👇 $SOL {future}(SOLUSDT) $BTC {future}(BTCUSDT) #SolanaUSTD #BlockchainSecurity #quantumcomputing #cryptofuture #Web3
🚀 Solana is preparing for the future… even before it arrives!

In a smart and bold move, the Solana Foundation announced its collaboration with Project Eleven, a company specializing in post-quantum cryptography, aimed at protecting the Solana network from potential quantum computing threats before they become a reality.

🔐 What is happening exactly?

A comprehensive analysis of potential quantum risks

Studying its impact on:
• The network's infrastructure
• User wallets
• The security of validators

Development of a dedicated Solana Testnet based on digital signatures resistant to quantum attacks

✨ The result?
A new signing system that works efficiently, is scalable, and proves that quantum-resistant transactions can be executed from start to finish… successfully!

💡 The most important message here:
Solana is not waiting for danger to knock at the door,
but is building today's shield for tomorrow.

📌 And what’s even more striking?
Project Eleven previously secured funding of $6 million led by Variant Fund and Quantonation to develop tools that protect digital assets like Bitcoin from future attacks.

🌍 We are not talking about an ordinary update…
but about a strategic step that outlines the security of blockchain in the post-quantum era.

👉 What do you think?
Do you believe that early preparation for quantum computing will make a difference between strong and weak projects?
Share your opinion 👇
$SOL
$BTC

#SolanaUSTD #BlockchainSecurity #quantumcomputing #cryptofuture #Web3
Solana Foundation Collaborates with Project Eleven Solana Moves Toward Quantum-Resistant Security 🔐 The Solana Foundation has announced a collaboration with Project Eleven to enhance quantum resistance in its blockchain technology. As quantum computing advances, future security risks are becoming a real topic in crypto. This partnership shows that Solana is thinking long-term and preparing early for next-generation threats. Quantum-resistant cryptography aims to protect networks from potential attacks that current encryption methods may not withstand in the future. While quantum threats are not immediate, proactive steps like this strengthen trust in the ecosystem. Investors often view such technical upgrades as a sign of serious development and maturity. This move positions Solana as a forward-looking blockchain focused on long-term sustainability and security. 🚀 #Solana #BlockchainSecurity $SOL {spot}(SOLUSDT)
Solana Foundation Collaborates with Project Eleven
Solana Moves Toward Quantum-Resistant Security 🔐

The Solana Foundation has announced a collaboration with Project Eleven to enhance quantum resistance in its blockchain technology. As quantum computing advances, future security risks are becoming a real topic in crypto. This partnership shows that Solana is thinking long-term and preparing early for next-generation threats. Quantum-resistant cryptography aims to protect networks from potential attacks that current encryption methods may not withstand in the future. While quantum threats are not immediate, proactive steps like this strengthen trust in the ecosystem. Investors often view such technical upgrades as a sign of serious development and maturity. This move positions Solana as a forward-looking blockchain focused on long-term sustainability and security. 🚀

#Solana #BlockchainSecurity
$SOL
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Bullish
Unbonding Period and Network Security in Crypto Staking Unbonding Period Feature: To ensure network security, when users decide to unstake ATOM, their assets are locked for a period of 21 days. $RED During this time, $ATOM does not earn rewards and remains exposed to potential slashing if the validator they delegated to commits a violation. This mechanism discourages short-term speculation and promotes validator accountability. $OP For delegators, understanding the unbonding period is essential for liquidity planning and risk management. Long-term staking strategies can help minimize exposure and optimize returns in the Cosmos ecosystem. #Cosmos #ATOM #CryptoStaking #BlockchainSecurity {future}(OPUSDT) {future}(REDUSDT) {future}(ATOMUSDT)
Unbonding Period and Network Security in Crypto Staking
Unbonding Period Feature:
To ensure network security, when users decide to unstake ATOM, their assets are locked for a period of 21 days.
$RED
During this time, $ATOM does not earn rewards and remains exposed to potential slashing if the validator they delegated to commits a violation.
This mechanism discourages short-term speculation and promotes validator accountability.
$OP
For delegators, understanding the unbonding period is essential for liquidity planning and risk management.
Long-term staking strategies can help minimize exposure and optimize returns in the Cosmos ecosystem.
#Cosmos #ATOM #CryptoStaking #BlockchainSecurity
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Bearish
Non-Custodial Staking: Full Control in the Crypto Market When users delegate $ADA , the coins never leave their wallet. {future}(ADAUSDT) The staking process only involves delegating voting rights (staking key), ensuring that delegators always maintain full control over their assets. $NEAR {future}(NEARUSDT) Non-custodial staking provides security and flexibility, allowing users to earn rewards without transferring ownership. This approach eliminates third-party risks, making it a preferred choice for long-term holders. $NEWT {alpha}(560xb8a677e6d805c8d743e6f14c8bc9c19305b5defc) In a volatile market, retaining control of your crypto is not just an option—it’s a strategy. #CryptoStaking #CardanoADA #BlockchainSecurity #NonCustodial
Non-Custodial Staking: Full Control in the Crypto Market
When users delegate $ADA , the coins never leave their wallet.

The staking process only involves delegating voting rights (staking key), ensuring that delegators always maintain full control over their assets.
$NEAR

Non-custodial staking provides security and flexibility, allowing users to earn rewards without transferring ownership.
This approach eliminates third-party risks, making it a preferred choice for long-term holders.
$NEWT

In a volatile market, retaining control of your crypto is not just an option—it’s a strategy.
#CryptoStaking #CardanoADA #BlockchainSecurity #NonCustodial
• Spanish and Danish police broke a cross border group tied to a violent crypto kidnapping and murder • The gang targeted victims for their digital assets • Authorities say more arrests may follow #CryptoNews #SafetyFirst #BlockchainSecurity
• Spanish and Danish police broke a cross border group tied to a violent crypto kidnapping and murder
• The gang targeted victims for their digital assets
• Authorities say more arrests may follow

#CryptoNews #SafetyFirst #BlockchainSecurity
losi893:
Market stabilizing beautifully
🚨 Prysm Bug Hits Ethereum Validators Hard After Fusaka Upgrade 💸 Over $1 Million Lost in Missed ETH Rewards Ethereum validators running the Prysm consensus client missed out on 382 ETH — worth over $1 million — after a software bug caused major disruptions following the Fusaka upgrade. ⚙️ What Went Wrong? According to Offchain Labs, the team behind Prysm, a resource exhaustion bug caused delays in validator requests on December 4. This led to: Missed blocks Missed attestations Validators falling out of sync The issue stemmed from a previously introduced bug that only surfaced on mainnet after Fusaka went live. 📉 Network Impact in Numbers The disruption resulted in: 41 missed epochs 248 missed blocks out of 1,344 slots 18.5% missed slot rate Network participation dropping to 75% 🛠️ Fixes and Mitigation While a temporary fix reduced immediate damage, Prysm has now rolled out permanent updates to its attestation validation logic to prevent similar failures in the future. ⚠️ Client Diversity Back in the Spotlight The incident has reignited concerns over Ethereum’s client concentration risk. Offchain Labs warned that if Prysm had controlled a larger share of validators: More than ⅓ could have caused loss of finality More than ⅔ could have finalized an invalid chain Fortunately, Ethereum’s client diversity limited the broader impact. 📊 Current Client Distribution Lighthouse: 51.39% Prysm: 19.06% Teku: 13.71% Nimbus: 9.25% With Lighthouse nearing risk thresholds, developers are once again urging validators to switch to alternative clients to strengthen network resilience. 🔍 The Bigger Picture This event serves as a powerful reminder: Client diversity isn’t optional — it’s essential for Ethereum’s security. 🔥 Hashtags #Ethereum #ETHValidators #BlockchainSecurity #CryptoInfrastructure #Web3 $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT) $SOL {spot}(SOLUSDT)
🚨 Prysm Bug Hits Ethereum Validators Hard After Fusaka Upgrade 💸 Over $1 Million Lost in Missed ETH Rewards

Ethereum validators running the Prysm consensus client missed out on 382 ETH — worth over $1 million — after a software bug caused major disruptions following the Fusaka upgrade.

⚙️ What Went Wrong?

According to Offchain Labs, the team behind Prysm, a resource exhaustion bug caused delays in validator requests on December 4.
This led to:

Missed blocks Missed attestations Validators falling out of sync

The issue stemmed from a previously introduced bug that only surfaced on mainnet after Fusaka went live.

📉 Network Impact in Numbers

The disruption resulted in:

41 missed epochs 248 missed blocks out of 1,344 slots 18.5% missed slot rate Network participation dropping to 75% 🛠️ Fixes and Mitigation

While a temporary fix reduced immediate damage, Prysm has now rolled out permanent updates to its attestation validation logic to prevent similar failures in the future.

⚠️ Client Diversity Back in the Spotlight

The incident has reignited concerns over Ethereum’s client concentration risk.
Offchain Labs warned that if Prysm had controlled a larger share of validators:

More than ⅓ could have caused loss of finality More than ⅔ could have finalized an invalid chain

Fortunately, Ethereum’s client diversity limited the broader impact.

📊 Current Client Distribution Lighthouse: 51.39% Prysm: 19.06% Teku: 13.71% Nimbus: 9.25%

With Lighthouse nearing risk thresholds, developers are once again urging validators to switch to alternative clients to strengthen network resilience.

🔍 The Bigger Picture

This event serves as a powerful reminder:
Client diversity isn’t optional — it’s essential for Ethereum’s security.

🔥 Hashtags

#Ethereum #ETHValidators #BlockchainSecurity #CryptoInfrastructure #Web3
$ETH

$BNB

$SOL
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