FinTech news in cybersecurity category

Ethereum is promoting smart contract wallets as the future of Ethereum, so dApp developers will feel incentivized to make the switch, reckoned Zeng, an active member of the Ethereum community.

CertiK, a web3 and blockchain security company, has raised $88 million in its latest round, bringing its valuation to $2 billion. To date, CertiK has protected over $300 billion worth of crypto assets for 2,500 enterprise clients through its auditing and fraud investigation services, among other offerings, the company stated.

As Hunters co-founder and CEO Uri May told us, since its Series B round, the team doubled down on helping enterprises replace traditional Security and Information Event Management (SIEM) solutions with its own tools.