Polygon CSO blames Web2 security gaps for recent spate of hacks

Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks, arguing that perfect code and cryptography are not enough.  Speaking to Cointelegraph, Gupta outlined that several of the recent hacks in crypto were ultimately a result of Web2 security vulnerabilities such as private key management and phishing attacks to gain logins, rather than poorly designed blockchain tech. Adding to his point, Gupta emphasized that getting a certified smart contract security audit without adopting standard Web2 cybersecurity practices…

Blockchain.. Apa tu? Apa kaitan dengan crypto dan NFT pula?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Video saya tentang NFT sebelum ni hangat orang bincangkan dekat facebook.. Kali ni saya nak terangkan tentang blockchain pula.. Teknologi disebalik NFT tu.. Sama macam crypto… Ini video saya tentang NFT dan kenapa banyak NFT digunakan secara zalim bagi saya #beranibuat ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Serum (SRM) Price Looks Set After Hibernation, Can Price Go To $1?

Serum (SRM) has struggled against tether (USDT) in recent weeks, rising above $0.8 as the price of Serum (SRM) remains range-bound. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Serum, have been affected by this choppy movement (SRM). (Source: Binance) Serum (SRM) Price Analysis On The Weekly Chart  The price of SRM has had difficulty replicating its recent bullish move, which saw the price rally to $3.5 as the price rallied with a good bullish…

Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On – Featured Bitcoin News

While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series of hacks that saw roughly 62,101 bitcoin stolen from the exchange, and interest-bearing crypto accounts did not return until eight years later. Bitcoin Interest-Bearing Accounts Were Introduced by Bitcoinica in 2012 These days, interest-bearing accounts…

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White House science office looks at crypto’s effect on climate, despite scarce data

The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United States, finding that crypto makes a significant contribution to energy usage and greenhouse gas (GHG) emissions. It recommends monitoring and regulation in response. The report, released Sept. 8, was the latest to come out of the U.S. President Joe Biden’s March executive order (EO) on the development of digital assets. The EO charged the OSTP with investigating the energy usage associated with digital assets, comparing…

UK economic secretary commits to make country a crypto hub under new PM

Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.” In a parliamentary debate on crypto asset regulation in the U.K. on Wednesday, Fuller spoke in favor of “powerful” use cases for cryptocurrency and blockchain technology, including using distributed ledger technology for customs and international trade and storing medical records on the blockchain. Alexander Stafford, the parliamentary private secretary to newly elected PM Liz Truss, added the prime minister “reaffirmed” her commitment to providing internet connectivity…

New report reveals the most interested countries

A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge.  The data found Singapore as the country most interested and by a large margin at that. Singapore scored 377, which is nearly 100 points higher than the second place nations, Switzerland and Canada, both tied at 286 points. Germany, the United States and the Netherlands filled out the remaining top five spots. Scores were determined through an analysis of the frequency of ten search terms and then combined for the overall…