Euler announces 29 audit reports after $4M spent to shore up security
Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.
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Law Firm Perkins Coie Adds Ex-CFTC Counsel to Dedicated Crypto, Blockchain Group
U.S. international law firm Perkins Coie (PC) announced it had hired a former counsel for the country’s commodities regulator to work in its blockchain practice in a press release Nov. 6.Kari Larsen, who previously worked at the Division of Enforcement of the Commodity Futures Trading Commission (CFTC), will now be based at PC’s Blockchain Technology…
US National Pork Board to Pilot Blockchain Tech Following New Partnership
The United States National Pork Board has partnered with blockchain startup ripe.io to test out a blockchain platform for pork supply chains, according to a press release published on March 18.The collaboration will ostensibly enable the Board to use a blockchain-based ecosystem to monitor and evaluate sustainability practices, food safety standards, livestock health, and environmental…
USDC on exchanges doubled in January while Tether’s dominance fell to new lows
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever. 174 Total views 4 Total shares The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether.According to a Feb. 1 report from…
HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment
Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area [cryptocurrencies],” when asked about the bank’s approach to the crypto. Bottomley further explained that “there’s a use…
India: Sources Claim Central Bank ‘Researching’ Blockchain to Decide ‘What It Can Adopt’
Noises in the Indian media Monday, August 27 suggest the country’s central bank is keen to improve its understanding of cryptocurrency and blockchain, allegedly setting up a dedicated unit a month ago. As Economic Times reports, citing “people familiar with the central bank’s plans,” the unit focuses on “research” of the phenomena, “to check what…
Crypto Derivatives Exchange FTX Launched Bitcoin Options Trading
Cryptocurrency derivatives exchange FTX has launched Bitcoin (BTC) options trading on Jan. 11.FTX CEO Sam Bankman-Fried announced in a tweet yesterday that options were listed on the trading platform. Furthermore, later the same day he also claimed that options trading volume on the exchange reached $1 million in about 2 hours.Noteworthy volumeWhile the announcement does…
Financial Advisory Firm Says Past Market Trends Point to Bitcoin at $20,000 by 2021
Financial advisory firm Canaccord Genuity has predicted that bitcoin (BTC) could hit $20,000 by 2021 based on retrospective projections in an analysis published on May 9.This prediction is based on a close similarity between the four-year price cycles of bitcoin during the 2011–2015 and 2015–2019 ranges, as shown in the following graph:Bitcoin price cycles. Source:…
Charles Hoskinson questions AI's censorship and selective training
Charles Hoskinson, co-founder of Cardano, raises concerns over AI censorship and the selective training of AI systems at the hands of the big tech companies developing the models.