Adam Back slams ‘EVM mis-design’ as root cause of Bybit hack
The Bybit hack has sparked debate between Bitcoin and Ethereum advocates, with Adam Back blaming EVM security flaws, while others point to multisig vulnerabilities.
Related Posts


Coinbase to face lawsuit over unregistered securities sales, judge rules
Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the remaining claims” in court.

Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic players in our industry. I’ve talked to you about Terra (LUNA) — now renamed Terra Classic (LUNC) — Celsius, Three…

Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry
On Friday, June 11, a total of $565 million in Bitcoin (BTC) options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to sustain the $33,000 support.However, an unexpected bullish turn of events led to an 18.5% hike…

6 Questions for Simon Davis of Mighty Bear Games
Simon Davis is the co-founder and CEO of Mighty Bear Games, a multiplatform game developer in Southeast Asia creating accessible multiplayer experiences in Web3.Davis has spent almost two decades working in the gaming industry, but he never planned to actually work in this field. Before crypto, he was a professional guitarist who made ends meet…

Italian Banca Generali to debut crypto services next year
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. 375 Total views 3 Total shares Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio…

NYSE Arca Files Proposed Rule Change with SEC for Bitcoin-, T-Bills-Backed Investment Trust
NYSE Arca has filed a proposed rule change with the United States Securities and Exchange Commission (SEC) for an application to list shares in a bitcoin (BTC) investment trust that would be backed by the cryptocurrency and T-bills. The development was revealed in an SEC filing published on May 20.The Chicago-headquartered exchange — a subsidiary…

Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper liquidation of 3AC assets.

NFT LA: Attract the mainstream, focus on Web3 and use cases
Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT” was selected as Collins Dictionary’s word of the…