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VeChain expands its status in food security & waste management
29.11.2023
VeChain recently tweeted about being featured in another academic paper. The network was showcased as a prime example of blockchain use cases. The network has made significant progress in the domains of food security and waste management and has published a scholarly article titled “A...
Former SEC Chair Discusses ‘Appropriate Way’ to Regulate Crypto — Says Classification Issues Are ‘Overblown’
29.11.2023
Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has discussed what he believes to be the “appropriate way” to regulate crypto. The former regulator added that “the classification issues” about whether a crypto token is a security or a commodity...
Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report
29.11.2023
Source: Pixabay The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax. On November 27, Chief Executive John Lee addressed the recent virtual platform supervision fraud...
Cardano’s Charles Hoskinson Clashes With Blockstream’s Adam Back Over Crypto Security Classification
28.11.2023
Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator’s decision to categorize the cryptocurrency cardano as a security. He’s perplexed and critical about the exemption...
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
28.11.2023
Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation
DEMAND Launches Bitcoin Mining Pool With Stratum V2, Promises Improved Security and Performance
27.11.2023
DEMAND launches Bitcoin mining pool based on new Stratum V2 technology. Image by Fatih Nizam, Adobe Stock. Bitcoin mining company DEMAND announced today the launch of the world’s first Stratum V2 mining pool, built using the open-source Stratum Reference Implementation (SRI). This new pool...
KyberSwap Retrieves $4.7 Million After Security Attack
27.11.2023
Source: Pixabay The decentralized exchange protocol recovered the funds following a security attack last week. After the initial attack last week, KyberSwap said that it had lost a total of $47 million from its concentrating liquidity pools. Yesterday, a portion of the funds recovery...
The Game Awards Is Beefing Up Security Following Stage Invasions
27.11.2023
Award ceremonies aren’t important, and if we all stopped looking at them, they’d stop existing. Anyway, The Game Awards are coming up next week, December 7, and we’re hearing news about some planned changes for this year’s outing. Will they let women on stage? Ha ha, no one’s mentioned that. But...
Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev
27.11.2023
Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks
Cosmos Hub greenlights ATOM inflation cut for security boost
26.11.2023
The proposal secured a narrow passage, garnering 41.1% approval votes compared to 38.5% disapproval, marking the highest turnout vote in the Cosmos ecosystem
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
26.11.2023
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $30 million. HTX announced its commitment to “fully compensate” for the financial...
Kyber Network Confirms Security Incident in Which $47 Million Was Stolen
25.11.2023
Kyber Network said on Nov. 22 that Kyberswap Elastic “experienced a security incident” in which crypto assets worth more than $45 million were stolen. Kyber Network said it was investigating the incident and urged all “users to promptly withdraw their funds.” Kyber Forks...
HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event
24.11.2023
Source: HTX HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as a gesture of gratitude to its users. According to the announcement, HTX has completed the necessary...
HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
23.11.2023
Source: iStock Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi...
Vulnerability Disclosure Prompts InfStones to Rotate Validator Keys
23.11.2023
Source: Pixabay InfStones, a crucial node operator affiliated with Lido Finance, is poised to temporarily remove its Ethereum validators from the liquid staking protocol. In response to a substantial vulnerability uncovered by security researchers at dWallet Labs, the operator plans to execute...
Dwallet Labs Says It Uncovered Infstones Validator Vulnerabilities Which Left $1 Billion in Staked Assets ‘Compromised’
23.11.2023
Cyber security firm Dwallet Labs said on Nov. 21 that vulnerabilities it found on several Infstones (a validator company) validators a few months ago “meant over $1B of staked assets were compromised.” Infstones has acknowledged the existence of the vulnerabilities but says...
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security
23.11.2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does...
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
Mastercard and Feedzai Collaborate to Increase Crypto Fraud Protection for 900 Million Consumers Globally
22.11.2023
Mastercard is collaborating with Feedzai to “increase crypto fraud protection for hundreds of millions of consumers.” In pairing the technologies offered by the two companies, “Feedzai’s customers, who collectively protect over 900 million consumers globally, will now be able...