Open source software is needed to prevent future crypto hacks, Polygon CISO says


With tens of millions of dollars stolen in August alone, the pace of cryptocurrency hacks hasn’t slowed down during the dog days of summer. In the wake of the costly exploits, the crypto community continues.

A crypto bridge technology called Nomad was compromised on August 1 for around $190 million. A day later, approximately 8,000 cryptocurrency wallets with a concentration on Solana experienced a different incident in which their cash were stolen. Read More…