How validator compromises threaten DeFi security

With the continuous lockdowns and travel advisories brought on by the COVID-19 pandemic, 2020 seems to be a perfect year for discovering and reading new books.As such, Cointelegraph collected a list of non-crypto-related book recommendations from 10 of the biggest thought leaders in the blockchain space. Sheila Warren, Caitlin Long, Alex Mashinsky, Tim Draper and…

Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs. 201 Total views 1 Total shares Own this piece of history Collect this article as an NFTDeFi execs at the World of Web3 (WOW) Summit in Hong Kong argued that implementing “Know Your Customer” (KYC) measures will tackle…

Stablecoin runs could occur if users lose confidence in the issuer or its network. The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.”Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network,…

South Korea’s largest telephone company, KT Corporation, plans to launch a blockchain-as-a-service (BaaS) platform next month, local news outlet iNews24 reported on Feb. 21.KT reportedly revealed the concept to interested business clients at a presentation this week. The firm says it wants to increase the accessibility of blockchain technology locally.The platform comes as KT continues…

Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy. 310 Total views 2 Total shares In what it hails as an effort to be transparent, Digital Currency Group’s market maker and lending subsidiary, Genesis Trading, revealed that…

The Crypto Open Patent Alliance accused Wright of forgery in court and claimed that he “invented an entire biographical history.”

Blockchain startup MediConnect has completed the workflow for the Proof-of-Concept (PoC) designed to track medications through the supply chain and begun integration of online pharmacy UK Meds’ processes to its platform.Tracking medication through the supply chainPer a press release shared with Cointelegraph on Sept. 26, MediConnect established a foundation and methodology for proof of concept…

The release notes of the beta version of major web browser Firefox released by open source development company Mozilla reveal that it now blocks web-based cryptojacking attempts on March 18.The aforementioned release notes inform that “users can block known cryptominers [cryptojacking scripts] and fingerprinters in the Custom settings or their Content Blocking preferences.” Cryptojacking is…