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Kraken Recovers $3M from Certik Following Bounty Fiasco

Kraken Recovers $3M from Certik Following Bounty Fiasco

Nick Percoco, Kraken’s chief security officer, said the Crypto exchange recovered the money stolen due to a technological fault. Percoco said on X on June 20 that the exchange had successfully recovered the monies. The security research firm engaged in the incident was named Certik in previous disclosures, albeit the Kraken CSO did not specify […]

CertiK Uncovers Kraken Exploit, Alleges Threats from Exchange

CertiK Uncovers Kraken Exploit, Alleges Threats from Exchange

CertiK revealed it identified a $3 million Kraken exploit and claimed Kraken threatened them after reporting the issue. CertiK, a blockchain security firm, has disclosed that it is the “security researcher” that Kraken, a cryptocurrency exchange, claimed misappropriated $3 million in digital assets. CertiK disclosed an exploit that had enabled it to withdraw millions of […]

Certik Exposes Critical Vulnerability in Solana Saga Phone

can you rewrite and deliver the news information below. Improve with a short headline, metadescription with related external and backlinks. Include subheadings to capture the main points of the news article if the news needs one. it is to be published on a crypto media site. Do not use the same sentences from the data i provided, please rephrase the sentences but make it catchy using a journalistic style of writing and a factual tone of voice. and also state if the news is classified under crypto news/blockchain news/market analysis/crypto exchange news/etc. please specify if this is a recent news and when it was reported. lastly, give me afocus key word or phrase for this article - In a recent development, CertiK, a leading cybersecurity firm, uncovered a significant vulnerability in the Solana Saga phone, putting more than 2,100 devices at critical risk since April. The flaw allowed assets to be transferred within a minute of obtaining the phone, prompting CertiK to inform Solana and issue a public alert about the vulnerability. The Solana Saga phone, an Android-based smartphone introduced by Solana CEO Anatoly Yakovenko in June 2022, is distinguished by its integration of the Solana Mobile Stack (SMS), which features a “Secure Element” to manage private keys and bolster the security of Web3 transactions. Despite its potential, using Saga currently feels akin to beta testing, especially for average consumers. Solana Labs acknowledges this challenge but remains optimistic about the device’s appeal to early adopters and developers. Solana Saga phone witnessed a notable price drop from $1,000 to $599. Solana attributed this $400 reduction to a strategic move aimed at fostering wider adoption of mobile Web3 and enhancing the overall user experience within the Solana mobile community. Solana Mobile is committed to delivering an excellent welcome experience for Saga users through the genesis token, encouraging exploration of Web3.

CertiK, a leading cybersecurity firm, discovered a critical vulnerability in the Solana Saga phone, a smartphone that integrates the Solana Mobile Stack. The flaw allowed assets to be transferred within a minute of obtaining the phone. The Solana Saga phone, a smartphone that claims to offer a secure and seamless Web3 experience, was found to […]

NvirWorld Collaborates with Certik to Enhance Security

NvirWorld Collaborates with Certik to Enhance Security

Decentralized finance platform NvirWorld has teamed up with blockchain security provider Certik to strengthen the security of its ecosystem. Through this cooperation, CERTIK’s cutting-edge blockchain security technology will be actively used by NvirWorld to build a Web3 ecosystem that consumers can rely on as the ecosystem develops. CERTIK works with more than 4,000 different businesses […]

CertiK Freezes $160k From Stolen Merlin DEX Funds

CertiK Ventures to Boost Web3 With $45M Investment Plan

Blockchain security company CertiK stated that it has frozen $160,000 of the $1.8 million taken by malicious developers from Merlin DEX. Merlin was rug-pulled by insiders, CertiK said in a May 4 Twitter discussion . The company claims that attempts to work with the other project team members were unsuccessful because they refused to confirm […]