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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Canadian technology company, VitalHub Corp, announced on April 8 the first deployment of a blockchain-based coronavirus screening tool. The tool will be used by a Region of Waterloo-owned long-term care facility called Sunny Side Home. According to the announcement, a request by Sunnyside Home resulted in the development of DOCit — a blockchain-driven app which will…
Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence. 629 Total views 9 Total shares The fall of major crypto ecosystems — such as FTX and Terra (LUNA) — this year highlighted the importance of transparency around the true…
Amount of ETH held by miners reaches highest level since 2016
Ethereum miners are reluctant to sell their assets and appear to expect further price increases. 744 Total views 7 Total shares The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell.The balance held by Ethereum miners is the largest it has…
Craig Wright Continues to Chase His Critics as Major Crypto Platforms Boycott His Cryptocurrency, BSV
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NFT philanthropy demonstrates new ways of giving back
NFTs, or nonfungible tokens, have created a wealth of opportunities over the last year. Data from market tracker DappRadar found that NFT sales reached $25 billion in 2021. Artwork NFTs in particular have seen impressive growth. Financial services firm FinancePR recently determined that 257 artists generated at least $1 million in the past 30 days…
Former First Lady Melania Trump congratulates Bitcoin on 13th birthday
Melania Trump is the latest celebrity to delve into NFTs and make cryptocurrency-related posts on social media. 333 Total views 27 Total shares Shortly after launching her own nonfungible token (NFT) project last month, former First Lady of the United States Melania Trump gave a shout out to Bitcoin (BTC) on Twitter.On Monday, Mrs. Trump…
DeFi tool to notify users about suspicious on-chain activity
In determining the success of Web3, security measures like PureFi’s SafeTransact, in addition to Web3 security companies, are an approach to secure transactions from cybercriminals. Own this piece of history Collect this article as an NFTThe success of Web3 is dependent upon solutions to the security issues posed by distinct application structures.Web3 security companies are…
China’s Central Bank Prioritizes Development of Digital Currency
China’s central bank, the People’s Bank of China (PBoC) announced that it accelerated the development of its cryptocurrency. In an Aug. 2 statement, PBoC summarized the proceedings of a video conference, in which the bank conveyed the Party Central Committee and the State Council priorities on economic and financial initiatives ranging from monetary policy to support…