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Tech
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
“A trusted-party vulnerability (also called a ’backdoor’) is an undisclosed capability of a trusted party, that can compromise the function of the system,” Prestwich explained in a tweet outlining his findings. According to Prestwich,…
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FTX Finds $5B, Bitcoin Extends Rally
Bitcoin (BTC): The largest cryptocurrency by market value was recently trading at the $17,500 level, almost the same from the past 24 hours. In futures trading, the three-month BTC futures listed on the Chicago Mercantile Exchange,…
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China to Launch First National ‘Digital Asset’ Marketplace
The platform will be run by a trio of state-owned and private entities: China Technology Exchange and Art Exhibitions China, both of which are government-backed, and Huban Digital, a private company, according to a report by Chinese…
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Friedrich Zwanzger of Blockdaemon On the Future of Web3 Infrastructure – Crypto 2023
The Holy Grail for the next wave of crypto adoption will be when customers use blockchain seamlessly, without needing to know or understand the underlying tech. Just as we use video calls without knowing the underlying protocol, VOIP, so…
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Chelsea Manning: Crypto’s Privacy Problem Depends on Improving Its Technology
The whistleblower turned security consultant at blockchain startup Nym discusses why the issue of privacy is rooted in the underlying technology of crypto and why regulation is on the horizon.
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Ethereum R&D Firm Flashbots Shares Details About Its Next-Gen Block Builder
After teasing SUAVE at this year’s Devcon, Flashbots details how the plug-and-play solution will transform the way validators earn MEV.
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Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Crypto advocates in Washington routinely maintain that crypto policy is a non-partisan issue that can move forward even in a divided Congress. However, this week’s rhetoric from Democrats such as Sen. Sherrod Brown (D-Ohio), the chairman…
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Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart
Sometime in the (Eastern time zone) evening on July 25, 2021, was the start of a magical run for bitcoin, punctuated by a late night 5% jump (noted by the yellow arrow in chart below). Bitcoin was in the mid-$30,000s range at the time,…
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Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol
“Bitkit isn’t a typical Bitcoin app. Anyone can now take their digital lives with them wherever they go, obsoleting Big Tech’s walled gardens and data surveillance,” said Paolo Ardoino, CSO of Synonym, in a release provided to CoinDesk.…
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Compound Pauses YFI, ZRX, BAT and MKR Supply to Protect Against Potential Exploits
The move came after a proposal floated by Compound’s governance community was passed Tuesday morning with over 99% of all voters in favor, with some 554,000 COMP staked to vote. Crypto data provider Gauntlet was the biggest voter, with…
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