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” Non-crypto natives launch social tokens to engage with community and fans “ The COVID-19 pandemic, along with other recent events, have revealed the need for a fully digital economy, giving rise to Metaverse ecosystems, Web3 platforms and the adoption of digital currencies. For example, the Ukrainian government recently reached out to the crypto community…
“# Ledger CTO warns crypto users about the dangers of ‘blind signing’ ” With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.” In an interview with Cointelegraph, Guillemet…
“# Nifty News: Marketplace exploit on Smol Brains, NFT for trees, and Metaverse movies ” Reports emerged on Mar. 3 of an exploit discovered on the TreasureDAO Marketplace NFT trading platform that allows a user to buy items at zero cost no matter the listing price or floor price of the collection. Security specialist for…
“# Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report ” The U.S. Securities and Exchange Commission’s enforcement director has reportedly said cryptocurrency companies will not receive amnesty for reporting themselves for possible violations of securities laws. According to a Monday report from Reuters, the SEC director of the agency’s division…
“# Are crypto and blockchain safe for kids, or should greater measures be put in place? ” Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials —…
“# Front-running, flash bots and keeping things fair in the crypto market ” Decentralized finance (DeFi) has the opportunity to democratize access to financial markets that have typically only been open to the rich and powerful. But, DeFi will only survive and continue to grow if we take steps to ensure things are safe, private…
“# Finance Redefined: 1Password partners with Phantom, and Stark deploys nine DApps, Feb. 18–25 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. In the aftermath of concerning political situations this week, the markets reacted strongly to the downside, but some assets attempted a recovery to end the week positively. 1Password collaborates with…
“# BitsCrunch raises $3.6M in funding for NFT analytics tools ” Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others. BitsCrunch uses AI-based analytical tools to determine the fair price of NFTs, identify wash trading warnings, and…
“# 1Password integrates security API into Phantom Wallet ” Digital security service 1Password has announced a collaborative partnership with Phantom Wallet to enable asset holders to amalgamate their vast accumulations of public key addresses, seed phrases and other corresponding security details into a single ‘Save in 1Password’ system. Operating primarily in the traditional financial sector…
“# JPMorgan unveils research on quantum resistant blockchain network ” U.S. banking giant JPMorgan Chase has unveiled research on a Quantum Key Distribution (QKD) blockchain network that is resistant to quantum computing attacks. QKD utilizes quantum mechanics and cryptography to enable two parties to exchange secure data and detect and defend against third parties that…