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“# 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…
“# Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s ” The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. The hash rate correlates to the computing…
“# Finance Redefined: Wonderland reveal and Wormhole hacked, Jan. 28–Feb. 4 ” Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. It’s been a tumultuous week of doxxing, hacks, bailouts and new highs in the decentralized finance space. Read on to recap the most impactful stories of the last seven days. This article represents…
“# NFT marketplace bug undervalues tokens, helps exploiter nab $750,000 ” A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price. The bug seems to be prevalent with Bored Ape Yacht Club (BAYC) and Mutant…
“# The SEC has issued $2.4B in crypto-related penalties since 2013 ” The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset marketplace since 2013 according to a Jan 19 report by Cornerstone Research. The report, SEC Cryptocurrency Enforcement: 2021 Update, found that…
“#NY Times guard in viral video with Biden fired over ‘bogus’ COVID-related expenses” A New York Times security guard who went viral for her serendipitous interaction with President Joe Biden in a company elevator was fired Wednesday. Jacquelyn Asbie, 33, said she was ousted for charging The Gray Lady for too many Ubers — despite…
“# Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems ” Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the days that followed, however, developers working on cross-chain technologies largely dismissed his skepticism. In a statement to Cointelegraph,…
“# ‘Centralization issues’ are the biggest culprits of DeFi attacks: CertiK ” Decentralized finance, better known as DeFi, may not be “decentralized” enough as attackers exploited centralized weak points to drain users of billions of dollars in 2021, according to research from blockchain security firm CertiK. In a new report on the state of DeFi…
“# ImmuneFi report $10B in DeFi hacks and losses across 2021 ” Decentralized finance, or DeFi, security platform and bug bounty service ImmuneFi published an official report on Thursday which calculated the total volume of losses in the cryptocurrency markets in 2021. According to its report, the company found that losses resulting from hacks, scams…