Social Security numbers are a privacy liability
Hundreds of millions of SSNs have been leaked online already, but a privacy-focused identity solution could help fix the problem.
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Utah DAO Act: How the law was made and what it means for decentralized business
In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the state.DAOs by default are not recognized as legal entities, and giving these organizations legal status in Utah could help clear up regulatory concerns. David Lemke, chief financial officer at crypto wallet…

University of York Confirms Recent Data Breach Was Caused by Ransomware
A UK-based university is investigating the slow response to a ransomware attack that took place in May. The University of York has confirmed that a ransomware attack from an unnamed gang took place in May. Vulnerabilities from their third-party service provider led to the data breach.According to an announcement via the University’s website, Blackbaud, one…

Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims. 113 Total views 4 Total shares South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain developer Terraform Labs.Kwon, who is currently on the…

What is a seed phrase, and why is it important?
It’s crucial to securely back up and store your seed phrase in multiple safe places, ensuring that you’re the only one who can access it when needed.

FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit.

Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. 181 Total views 2 Total shares United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns…

Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading.On-chain analytics provider Glassnode has revealed that Tether transaction volume increased…

Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract. 204 Total views 3 Total shares Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market…