OMNIA’s Blog

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  • Decoding Frontrunning: Understanding the Key Terms and Techniques
    Decoding Frontrunning: Understanding the Key Terms and Techniques

    6 min read What is Frontrunning? Frontrunning is the practice of executing a digital asset trade based on knowledge obtained in advance that will affect its price. The purpose of frontrunning is to profit at the expense of others. This is done by gaining a price advantage over others in the market before the market…

  • Reflecting on 2022: Looking Forward to 2023
    Reflecting on 2022: Looking Forward to 2023

    5 min read As the crypto market faced one of its toughest challenges in 2022, at OMNIA, we made a conscious decision to remain focused and steadfast in our mission, even in the face of these challenges. From the start of the year, the crypto market was going to be volatile and uncertain. Despite this,…

  • OMNIA partners with CycurID
    OMNIA partners with CycurID

    2 min read CycurID (pronounced “Secure ID”) Technologies Ltd. is a Canadian-based digital identity management and cybersecurity firm that has developed a reusable digital identity app, immeTM (pronounced “I’m me”), that uses adaptive Artificial Intelligence, Biometric Authorization and Zero-Knowledge Protocols to provide full privacy of users’ data with no individuals credentials or any data being stored or kept…

  • Frontrunning protection
    Frontrunning protection

    3 min read Securing Your Transactions Through Private Mempools and Flashbots Most Ethereum (ETH) and other smart contract network users aren’t aware of how risky trading on-chain can be. Not because funds are going to get stolen, but because certain inefficiencies on the blockchain allow arbitrage bots to take advantage of orders to make a…

  • Team Finance Exploited for $14.5M. Attacker Keeps 10% as a Bug Bounty
    Team Finance Exploited for $14.5M. Attacker Keeps 10% as a Bug Bounty

    3 min read On October 27th, DeFi project Team Finance announced that they had just been alerted about an exploit on its protocol. They said they were investigating the incident and ‘working to analyze and remedy the situation.’ They also requested the exploiter to contact them for a potential bug bounty payment.  Attacker Used 1.76…

  • Phishing Scammer Steals $1M in ETH and NFTs in a Day, Remains Active
    Phishing Scammer Steals $1M in ETH and NFTs in a Day, Remains Active

    4 min read In late October, on-chain investigator and crypto Twitter community member @ZachXBT notified his followers that a phishing scammer known as Monkey Drainer had stolen the equivalent of 700 ETH worth around $1 million at the time and several NFTs in 24 hours. Tweet from @zachxbt, Source: Twitter One victim of Monkey Drainer…

  • What to Expect With Elon Musk as ‘Chief Twit’ at Twitter
    What to Expect With Elon Musk as ‘Chief Twit’ at Twitter

    3 min read Elon Musk is officially the new owner of Twitter. The billionaire entrepreneur who is the founder and CEO of SpaceX, CEO of Tesla, Founder of the Boring Company, and co-founder of Neuralink and OpenAI is now the ‘Chief Twit’ according to a recent update of his Twitter bio.  To mark the event…

  • FTX to Compensate 3Commas Phishing Victims up to $6M.
    FTX to Compensate 3Commas Phishing Victims up to $6M.

    < 1 minute The founder and CEO of FTX, Sam Bankman-Fried (SBF), announced on October 24th via Twitter that the exchange would compensate users of the crypto exchange affected by the recent elaborate 3Commas-related phishing attack. Mr. Bankman-Fried capped the compensation at $6 million and clarified that it was a ‘one-time thing’ which would not set ‘a…

  • FTX to Compensate 3Commas Phishing Victims up to $6M
    FTX to Compensate 3Commas Phishing Victims up to $6M

    3 min read The founder and CEO of FTX, Sam Bankman-Fried (SBF), announced on October 24th via Twitter that the exchange would compensate users of the crypto exchange affected by the recent elaborate 3Commas-related phishing attack. Mr. Bankman-Fried capped the compensation at $6 million and clarified that it was a ‘one-time thing’ which would not…

  • How To Configure Your Devices for Privacy Protection
    How To Configure Your Devices for Privacy Protection

    5 min read The electronic devices we use to go about our daily lives increasingly rely on the internet to function and provide real-time updates to information. Most apps and widgets on mobile devices and personal computers constantly send and receive data via the web to efficiently serve our needs. The same applies when venturing…

  • Personal Data Breaches In The Blockchain Industry Are On The Rise
    Personal Data Breaches In The Blockchain Industry Are On The Rise

    4 min read Until recently, cryptocurrency users and traders were generally concerned that their favorite centralized or decentralized platform would one day become the victim of an exploit, and their hard-earned digital assets would be at the mercy of hackers. The Axie Infinity hack in late March shook the crypto industry and the entire financial…

  • Why Celsius ‘Doxed’ Over 600k of its Customers
    Why Celsius ‘Doxed’ Over 600k of its Customers

    4 min read The crypto-verse was shocked when news broke that the now-bankrupt crypto lender Celsius Network had published a 14,500-page document detailing every one of its users’ full names alongside the types and amounts of transactions they carried out on the platform. The data included crypto holdings, deposits, withdrawals, interest earnings, and other sensitive…