API penetration testing, on the other hand, is a more comprehensive process that seeks to simulate a real-world attack on an API to identify both known and unknown vulnerabilities.

Developer security vendor Snyk is adding ‘modern’ DAST (Dynamic Application Security Testing) with its acquisition of Probely, according to Snyk Chief Innovation Officer Manoj Nair.

In April, cross-chain messaging protocol developer LayerZero Labs raised $120 million to expand its reach into the Asia-Pacific region. It had previously raised $135 million in March 2022.