Coinbase's cbBTC wrapped Bitcoin coming to Solana — Breakpoint 2024
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
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North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks
North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges.North Korea accuses the United States of spreading rumoursOn Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations of massive theft by North Korean agents. As Cointelegraph previously reported, the United Nations Security Council North Korea…
How One Line of Code Destroyed Yam DeFi
A single mistake cost them everything. The now notorious project, Yam.Finance, was launched without a proper code audit just like many other projects in the space. Richard Ma, the CEO of blockchain security company Quantstamp, told Cointelegrpah that many DeFi projects are launched unaudited in order to capitalize on reverse psychology:“Not having an audit is…
Decentralized identity can bring the analog world into the digital one
It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust identity management solutions are key to effectively securing data and processes. But what…
Crypto recruitment execs reveal the safest jobs amid layoff season
Despite a wave of heavy crypto layoffs to start the new year, employees in technical and engineering roles, as well as senior management, will likely continue to see “strong demand” for their skills, recruitment professionals believe.It’s been a tough first few weeks of 2023 for crypto businesses and their staff. Within just two weeks, the market…
DAOs in court? Curve Finance ponders enforcing license over rival Saddle
Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week…
Remembering John McAfee: computer programmer and crypto evangelist dead at 75
Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and a unique character in the crypto space. 2223 Total views 4 Total shares According to a Wednesday report from Spanish international news agency EFE, John McAfee has been found dead in his prison cell at the Brians 2 Penitentiary Center.Born in…
Stepn impersonators stealing users’ seed phrases, warn security experts
When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user's dashboard. 234 Total views 4 Total shares Peckshield, a prominent blockchain security firm, has today exposed that there are numerous phishing websites for the Web3 lifestyle app Stepn. Hackers insert a forged MetaMask browser plugin through which they can steal…
Ripple CTO slams Charles Hoskinson over SEC’s ETH ‘favoritism’
Ripple community and Cardano founder have clashed over the definition of corruption in the context of the ETHgate scandal. 189 Total views 1 Total shares Ripple chief technology officer David Schwartz has countered Cardano founder’s comments about possible motives behind the United States regulators’ determination that Ether (ETH) is not a security.Cardano founder Charles Hoskinson