Tagged: slowmist

November 7, 2025 @ 7:43 am By Omar Faridi  |  

On November 3, 2025, the decentralized automated market maker (AMM) protocol Balancer v2 experienced an attack. SlowMist noted that several different projects — including its forked versions — had been impacted across various blockchains, resulting in “total losses of approximately $120 million.” According to blockchain… Read More

September 2, 2025 @ 7:38 pm By Omar Faridi  |  

Blockchain security firm SlowMist has announced that its proprietary anti-money laundering (AML) tracking system, MistTrack, has been selected for the Hong Kong Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme. This acknowledgement underscores MistTrack’s approach and practical value in combating financial crime within the rapidly… Read More

September 1, 2025 @ 8:52 pm By Omar Faridi  |  

Blockchain security firm SlowMist, established during the extended crypto bear market of 2018, continues to focus on setting standards in safeguarding the Web3 ecosystem. Through various partnerships, proper threat detection, as well as more comprehensive compliance initiatives, SlowMist is focused on addressing the challenges of… Read More

August 28, 2025 @ 12:48 pm By Omar Faridi  |  

zkMe has teamed up with SlowMist, the blockchain security firm claiming to be “trusted” by industry participants including Binance, OKX, HTX, and Crypto.com. This collaboration integrates zkMe’s  zero-knowledge proof technology with SlowMist’s security infrastructure, “enabling privacy-preserving compliance solutions that unlock secure blockchain services for enterprises… Read More

August 1, 2025 @ 2:45 pm By Omar Faridi  |  

The Web3 ecosystem faced significant security challenges in July 2025, with SlowMist’s latest monthly security report revealing $147 million in losses across 13 major hacking incidents. Despite efforts to mitigate damages, with $42.48 million now reportedly recovered or frozen, the recent report from blockchain security… Read More

July 23, 2025 @ 1:40 pm By Omar Faridi  |  

The blockchain ecosystem, a blend of tech breakthroughs and risk, continues to evolve, with security remaining a critical concern. Two recent reports from SlowMist, a blockchain security firm established during the extended crypto bear market of 2018, highlight the challenges of combating sophisticated cyber threats… Read More

July 21, 2025 @ 8:13 pm By Omar Faridi  |  

Since its inception in 2018, SlowMist has emerged as a global enabler of blockchain security, leveraging cybersecurity expertise to protect the digital assets ecosystem. In a recent announcement, SlowMist unveiled its Stablecoin Risk Management and AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) Compliance Security Framework,… Read More

July 9, 2025 @ 6:52 pm By Omar Faridi  |  

The digital landscape is increasingly becoming a battleground for regulators and cybercriminals, with recent developments highlighting the critical need to disrupt the infrastructure enabling illicit activities. Two significant updates underscore this ongoing struggle: the U.S. Treasury’s sanctions against Russia-based hosting provider Aeza Group for supporting… Read More

June 25, 2025 @ 8:44 pm By Omar Faridi  |  

In a report by blockchain security firm SlowMist, HuionePay, a Telegram-based payment platform, has emerged as a focal point in the global fight against illicit cryptocurrency activities. According to the analysis, conducted using SlowMist’s anti-money laundering (AML) tool MistTrack and public blockchain data, HuionePay processed… Read More

June 23, 2025 @ 5:11 am By Omar Faridi  |  

On June 18, 2025, Nobitex, Iran’s largest cryptocurrency exchange, fell victim to a devastating cyberattack that resulted in the loss of approximately $90 million in digital assets, with some estimates suggesting losses as high as $100 million. The breach, which targeted the exchange’s hot wallets,… Read More

June 5, 2025 @ 11:40 pm By Omar Faridi  |  

The blockchain ecosystem continues to face significant security challenges, as highlighted by SlowMist’s May 2025 Security Report and their analysis of unrestricted large language models (LLMs) posing new risks to cryptocurrency security. According to the SlowMist Hacked Archive, May 2025 saw Web3 security incidents resulting… Read More

June 2, 2025 @ 2:54 pm By Omar Faridi  |  

The cryptocurrency ecosystem is fraught with sophisticated scams and vulnerabilities. Blockchain security firm SlowMist has recently highlighted several critical threats targeting crypto users, from social engineering scams to malicious browser extensions and large-scale hacks. These incidents underscore the urgent need for vigilance and robust security… Read More

April 28, 2025 @ 11:11 pm By Omar Faridi  |  

Regtech SlowMist, a blockchain security firm, continues to solidify its role in the evolving Web3 ecosystem through innovative incident response, and collaborative defense strategies. Recent updates from Regtech SlowMist highlight their pivotal role in recovering stolen funds, advancing on-chain communication techniques, and fostering global cybersecurity… Read More

April 16, 2025 @ 9:07 pm By Omar Faridi  |  

OneInfinity by OneDegree, a provider of digital asset insurance and risk management solutions, is pleased to announce a partnership with SlowMist, the blockchain security firm. This collab marks a step forward in strengthening the security and resilience of the Web3 ecosystem. Through this alliance, OneInfinity… Read More

April 1, 2025 @ 10:45 am By Omar Faridi  |  

On March 30, 2025, SlowMist, a blockchain security firm, reported a significant breach in the Ethereum-based leveraged trading platform SIR.trading (@leveragesir). The company’s MistEye security monitoring system detected the attack, which led to a loss exceeding $300,000 in digital assets. This incident underscores the persistent… Read More

February 27, 2025 @ 10:04 pm By Omar Faridi  |  

OKX and SlowMist noted in a report that on February 14, 2025, multiple users reported unauthorized access to their wallet assets. On-chain data analysis indicated that the incidents “exhibited characteristics of mnemonic phrase/private key leakage.” Further follow-ups with affected users revealed “that most of them… Read More

February 26, 2025 @ 9:20 am By Omar Faridi  |  

On Friday, February 21, 2025, the cryptocurrency ecosystem was rocked by one of the largest hacks in its history: a meticulously executed theft of nearly $1.5 billion worth of Ethereum tokens (and some other cryptocurrencies) from Bybit, a prominent crypto exchange. Although many of these… Read More

January 6, 2025 @ 8:28 am By Omar Faridi  |  

Amid this dynamic landscape, the blockchain industry advances at the intersection of security and innovation, according to a report from SlowMist. The research report from SlowMist provides an in-depth review of key regulatory policies and anti-money laundering (AML) developments in 2024. It examines major blockchain… Read More

January 2, 2025 @ 4:52 pm By Omar Faridi  |  

SlowMist has reportedly passed the audit conducted by the international  certification body, DNV Management Services Group, and obtained the ISO/IEC 27001:2022 Information Security Management System Certificate (with recognition from CNAS and UKAS). This signifies that SlowMist’s information security management system meets international standards, “elevating its… Read More

December 29, 2024 @ 5:05 pm By Omar Faridi  |  

Recently, several users on X reported a phishing attack disguised as Zoom meeting links, according to an update from SlowMist. In one case, SlowMist pointed out that a victim installed malicious software after clicking on a fake Zoom meeting link, reportedly resulting in the “theft… Read More