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Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
27.4.2024
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers...
New AI Meme Coin ICO WienerAI Laps Up $350,000
27.4.2024
Thursday, April 25, 2024 – An enigmatic new presale for crypto’s latest canine sensation, AI meme coin WienerAI ($WAI), has already attracted over $350,000 in its first fortnight, as investors pile in for a tokenized piece of Ethereum’s new cybernetic sausage dog. WienerAI recalls another...
Biden’s Homeland Security team taps tech elite for AI defense board
26.4.2024
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
26.4.2024
Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement...
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
26.4.2024
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without...
‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
25.4.2024
In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask...
Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'
25.4.2024
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration
‘Privacy Is Not a Crime’ — Samourai Indictment Provokes Strong Reactions From Crypto Advocates
25.4.2024
On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community...
Shout Out To Final Fantasy 7 Rebirth's True Hero, Security Officer
25.4.2024
Final Fantasy 7 Rebirth, the second part of Square Enix’s massive FF7 remake trilogy, is a game filled with many heroes. Folks like Cloud, Barret, Aerith, that cat thing. But the biggest hero in Rebirth, the person I could always rely on, wasn’t any of the main characters. Instead, it was a simple...
Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event
25.4.2024
Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of Salvadorans is protected, and the security of its data...
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
24.4.2024
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties
Arkham integrates Chainlink Functions to revolutionize data security
24.4.2024
Arkham Intel Exchange is making significant progress in the field of technology, and it has added Chainlink Functions to its system. The integration of said algorithm will result in an intelligence verification process that is both decentralized and secure. By teaming up with Chainlink, they have...
Chainlink debuts new protocol aimed at boosting cross-chain interoperability
24.4.2024
The Cross-Chain Interoperability Protocol will make cross-chain smart contracts more interoperable across nine blockchain networks
Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto Hacking Scheme
24.4.2024
Lazarus group, a crypto hacking collective sponsored by North Korea, is reportedly targeting LinkedIn users in the crypto sector as part of its latest crypto malware attempt, blockchain security firm SlowMist alleges.
The post Lazarus Group Targeting LinkedIn Users As Part Of North Korea Crypto...
New crypto users shouldn’t ‘rush into DeFi’ — Security firms
24.4.2024
Hacken’s Luciano Ciattaglia said that new crypto users should not immediately jump into decentralized finance or decentralized exchanges
Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware Wallets, and The Launch of Ledger Stax | Ep. 328
23.4.2024
Ian Rogers, Chief Experience Officer at Ledger, discusses his move from the world of Apple and Yahoo to that of crypto and Ledger, as well as the incoming Ledger Stax, adding that more secrets will be revealed soon.
The post Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware...
Patched Cosmos Bug Could've Put $150M At Risk, Says Firm That Reported It
23.4.2024
The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol
Binance Lawsuit in Canada Following Securities Law Violation Allegations
23.4.2024
Cryptocurrency exchange Binance has been slapped with a new class-action lawsuit in Canada following allegations of security law violations.
The post Binance Lawsuit in Canada Following Securities Law Violation Allegations appeared first on Cryptonews
IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’
21.4.2024
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto tax expert has highlighted...
Fallout 3's Reveal Led To Death Threats And Bethesda's First Security Guard
19.4.2024
Fallout is currently one of the biggest things in the world thanks to Amazon’s hit TV show. However, before all that, there was a time when Fallout as a franchise seemed dead. Then Bethesda stepped in, bought the IP in 2007, and announced plans to make Fallout 3, reviving the post-apocalyptic...