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🚀 Web3 Security Firm Hypernative Secures $16 Million In Series A Funding

According to BlockBeats, on September 3, Web3 security company Hypernative successfully completed a $16 million Series A funding round. The investment was led by Quantstamp.

#Web3 #Security #Funding #Hypernative #SeriesA #Quantstamp
🚀 Scroll Faces Security Vulnerability Impacting Over $100 Million in TVL

According to Foresight News, Pavel Shabarkin has revealed a security vulnerability in Scroll that could lead to indefinite reorganization of the Scroll L2, potentially halting the chain's operations and affecting over $100 million in Total Value Locked (TVL). Shabarkin initially reported this critical issue on February 17, but claims that Scroll downplayed its severity and categorized it as a known issue.

Shabarkin requested an investigation and intervention from Immunefi, a platform for bug bounties and security services, but alleges that Scroll's response was inadequate. As a result, Shabarkin publicly disclosed the issue to highlight Scroll's poor handling of security, unfair resolution processes, and unsatisfactory attitude towards white-hat hackers.

LinkedIn information indicates that Pavel Shabarkin is currently a Senior Blockchain Security Engineer at Quantstamp, a blockchain security company.


#Scroll #SecurityVulnerability #BlockchainSecurity #TotalValueLocked #TVL #BugBounty #Immunefi #PavelShabarkin #Quantstamp #WhiteHatHackers