Monthly Archives: May 2023

The TradFi mindset is holding crypto back  The constantly evolving ecosystem of decentralized finance (DeFi) has emerged as a groundbreaking and experimental alternative to traditional finance (TradFi), demonstrating immense potential while simultaneously facing a myriad of challenges.  Paradoxically, some of the very behaviors that have long characterized TradFi — the prioritization of short-term profits, and…

Generative artificial intelligence models such as OpenAI’s ChatGPT are trained by being fed giant amounts of data, but what happens when this data is copyrighted?Well, the defendants in a variety of lawsuits currently making their way through the courts claim that the process infringes upon their copyright protections.For example, on Feb. 3, stock photo provider…

While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask. 19 Total views 1 Total shares Cryptocurrency exchanges in Japan are preparing for the enforcement of the Financial Action Task Force’s Anti-Money Laundering (AML) regulations known as the Travel Rule.Major Japanese crypto exchange bitFlyer on May 30…

Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols. 131 Total views 1 Total shares Security remains one of the Web3 industry’s most important and relevant issues as protocols and enterprises continue to face exploits.At the Israel Crypto Conference, Cointelegraph talked…

After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days. 241 Total views 10 Total shares A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions…