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Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats
18.4.2024
Eigenlayer launched on Ethereum’s mainnet with over $12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential centralization and the threat of slashing cascades impacting...
White Hat Hacker Team SEAL Launches Threat-Sharing Platform for Crypto
17.4.2024
The Security Alliance (SEAL), a white-hat hacker collective, introduces SEAL ISAC – a platform designed to bolster crypto security through collaborative threat intelligence sharing. SEAL ISAC offers resources, facilitates expert connections, and empowers the crypto community to combat cyberattacks....
Telegram Founder Says Crypto-Like Communication Devices Could Thwart Government Spying
17.4.2024
Pavel Durov, founder of the encrypted instant messaging app Telegram, believes that growing government surveillance will drive innovation in secure communication, modeled on cryptocurrency hardware wallets. During an interview with Tucker Carlson, Durov expressed concern about government pressure...
EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements
17.4.2024
Accounting firm EY launched an Ethereum-based blockchain solution on Wednesday. It aims to help businesses execute complex agreements, reduce costs, and maintain security.
The post EY Launches Ethereum-Based Blockchain Tool to Simplify Business Agreements appeared first on Cryptonews
Edward Snowden Sounds Alarm on NSA’s Plans to Expand Surveillance Under New FISA Amendment
16.4.2024
NSA whistleblower Edward Snowden has warned that the National Security Agency (NSA) is on the verge of significantly expanding its surveillance capabilities through a new bill amending Section 702 of the Foreign Intelligence Surveillance Act (FISA), potentially allowing the government to compel...
Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges
14.4.2024
A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered...
ICB Network Layer-1 Blockchain Premiere: Pioneering Innovations, Strategic Partnerships, and Advancements
13.4.2024
ICB Network, launched on April 1, 2024, is an innovative Layer-1 Blockchain project. It has established novel benchmarks for efficiency, security, and scalability across the blockchain ecosystem. Implementing the Proof of Stake (PoS) consensus mechanism is at the core of the platform’s...
Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure
13.4.2024
Amidst growing concerns about national security and infrastructure vulnerabilities, China's role in the cryptocurrency sphere has become a focal point of discussion.
The post Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure appeared first on Cryptonews
Explore BlockDAG’s Journey to Becoming a Top 10 Crypto by Q4 2024 with Projected 30,000X ROI Eclipsing Solana and PEPE
12.4.2024
Embark on an exploration of BlockDAG‘s ambitious journey to ascend into the top 10 cryptocurrencies by 2024, boasting a projected 30,000X return on investment that aims to overshadow the accomplishments of industry giants like Solana and PEPE. BlockDAG stands out with its innovative...
Merlin Chain Sets New Standard for Blockchain Security and Innovation With State-of-the-Art Chain Architecture
11.4.2024
PRESS RELEASE. Singapore, April 11th, 2024 — Merlin Chain, a trailblazer in Bitcoin-native layer 2 (L2) protocols, has rolled out a comprehensive suite of security measures alongside revolutionary chain architecture. This initiative follows the platform’s remarkable achievement...
Leaked Personal Info of Over 5 Million Salvadorans Apparently Linked to Chivo Wallet
11.4.2024
A database with the personal information of over 5 million Salvadorans was recently leaked in a data breach forum. The database, which has been around since August and has recently been linked to Chivo, El Salvador’s national cryptocurrency wallet, has 144GB of data, including the full name...
Senator Elizabeth Warren Slams Push For Stablecoin Bill, Cites National Security Risks
10.4.2024
Senator Elizabeth Warren is criticizing the push for a stablecoin bill without anti-money laundering laws in place due to national security concerns, a letter sent on Monday to House Financial Service Committee Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) reveals. Warren...
CertiK Discovers Telegram RCE Vulnerability Allowing Attacks on Users
9.4.2024
On April 9, the blockchain security platform CertiK discovered a Telegram vulnerability that enables hackers to use "primarily designed multimedia content, such as images or videos" to launch a remote code execution (RCE) threat.
The post CertiK Discovers Telegram RCE Vulnerability Allowing Attacks...
dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know
8.4.2024
The dYdX community has voted to stake 20 million dYdX tokens, worth around $60 million at the time of publication, using Stride's staking service for Cosmos blockchains.
The post dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know appeared...
Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC
8.4.2024
According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...
Uncomfortable Conversations About Privacy and Security Take the Stage in Amsterdam
6.4.2024
PRESS RELEASE. Privacy is dead in crypto, people that know, know. People who don’t know, should know. That’s why CryptoCanal’s ETHDam Conference will gather people from all sides of the blockchain spectrum to discuss the future of privacy and security. “As a privacy and security-focused conference...
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
4.4.2024
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
3.4.2024
Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain
Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
3.4.2024
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust information technology control...
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
2.4.2024
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...