The U.S. regulator confirmed it didn't take its own security advice through much of 2023, leaving it open for a costly social-media hack that's still under investigation.
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Data from TRM Labs shows that hack volumes in crypto fell by more than 50% in 2023 when compared to the year before. While the number of attacks remained relatively stable, th...