3 Key Facts On August 9, 2015, Day 3 of Ethereum mainnet, someone deployed what appears to be the first lottery smart contract in blockchain history. Contract address: 0x7af6af3d4491a161670837d0737bada43ffbb992. The developer’s first attempt self-destructed 42 minutes before this one was…
Smart Contract Insurance: How to Protect Your DeFi Protocol
⚡ Key Highlights Smart contract insurance protects DeFi protocols and their users against losses from code vulnerabilities, exploits, and technical failures. In 2025, smart contract exploits accounted for 65% of all DeFi insurance claims Coverage is available through two models:…
Cyber Insurance for Crypto Firms: What’s Covered, What’s Not, and How to Lower Your Premiums
⚡ Key Highlights The global cyber insurance market reached $16 to $20 billion in 2025 and is projected to hit $30 to $50 billion by 2030, yet most crypto companies either have no coverage or have the wrong type of…
$285 Million Gone in 12 Minutes: How the Solana DeFi Hack on Drift Protocol Actually Happened
On April 1, 2026, Solana’s largest DeFi perpetuals exchange, Drift Protocol, lost $285 million in 12 minutes. The team posted on X to confirm it was real, not an April Fool’s joke. By the time most users saw the warning,…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
