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Expert: Defi Could Be a Common Term in the Financial Industry in 2021
26.12.2020
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says...
Moneygram Distances Itself From the Ripple Turmoil With the US SEC
25.12.2020
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of...
Novogratz hopes Biden admin reverses Trump's anti-crypto stance
24.12.2020
Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.”
DeFi data manipulation is too easy — and current oracle solutions aren’t helping much
24.12.2020
DeFi exploits are too common for mass adoption. But there are solutions to the oracle problem
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
24.12.2020
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with...
Bitwise dumps XRP investment amid SEC lawsuit against Ripple
23.12.2020
The Bitwise 10 Crypto Index Fund has liquidated its XRP holdings
The SEC shows some mercy to broker-dealers handling security tokens
23.12.2020
In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
23.12.2020
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters...
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
22.12.2020
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate...
SEC scuppers ShipChain's $27M ICO and fines the firm its last $2M
22.12.2020
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws
SEC to Sue Ripple Over XRP Cryptocurrency — CEO Insists XRP Is Not a Security
22.12.2020
The U.S. Securities and Exchange Commission (SEC) is set to bring a lawsuit against Ripple over the XRP cryptocurrency which it considers a security, according to Ripple CEO Brad Garlinghouse. Insisting that XRP is not a security, he calls the SEC’s lawsuit an attack on cryptocurrency that...
Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack
19.12.2020
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack...
Interview with Sergey Nazarov
19.12.2020
Chainlink co-Founder Sergey Nazarov explains why a decentralized oracle network is needed to ensure trust in the DeFi ecosystem
Traditional crypto custodians ramp up security to accommodate institutional demand
19.12.2020
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets
Two Rubygems Infected With Crypto-Stealing Feature Malware Spotted by Researchers
19.12.2020
New infected Rubygems packages have been spotted in its open-source software repository and which contained malicious code mainly used to steal cryptocurrencies from users via supply chain attack. Two Cryptocurrency-Stealers Rubygems Detected by Researchers at Sonatype According to Ax Sharma,...
FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms
19.12.2020
The U.S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. FBI Is Aware of Cold-Calling Tactics by Ransomware Gangs According to a...
Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
16.12.2020
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...
'Secret' bridge turns ERC-20 tokens into privacy coins
16.12.2020
"Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.”
Google Down: The Perils of Centralization
14.12.2020
It was a jarring reminder of the hidden costs of the easy-to-use, centralized systems that permeate the web, and just how taxing or debilitating they can be
HTTP Archive’s Annual State of the Web Report
14.12.2020
The HTTP Archive looked at more than 7 million websites and compiled their annual report detailing how the sites were built. And there’s an enormous wealth of information about how the web changed in 2020. In fact, this report is more like an enormous book and it’s entirely fabulous. The data comes...