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“# The perfect storm: DeFi hacks will advance the crypto sector moving forward ” The rise of decentralized finance, or DeFi, could be paving the way toward a fully decentralized financial ecosystem. Yet, given the innovative nature of DeFi, the sector remains in constant development and is therefore prone to a number of vulnerabilities. Unsurprisingly,…
“# Tiger Global backs $24M funding round for blockchain security firm CertiK ” Blockchain security firm CertiK has concluded a $24 million funding round as part of its ongoing efforts to expand its product and security offerings for the decentralized finance, or DeFi, sector. The funding round, which was co-led by Tiger Global and GL…
“# Outwitting crypto criminals: Why exchanges have to go the extra mile ” Crypto criminals are getting more adaptive and smarter than ever before. But how can industry service providers keep up with them? If I say that the crypto industry is highly targeted by cybercriminals and, in particular, organized criminals, I’m sure that no…
“# Poly Network hacker returns less than 1% of the $600M theft ” These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday. Details from Etherscan show that…
“# XRP price chart ‘double bottom’ puts next bullish target at $1 ” Ripple’s XRP token could hit $1 in the coming sessions per a classic technical chart setup. Dubbed as “double bottom,” the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to…
“# Poly Network hacker appears ready to return stolen funds ” Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds. At about 4:00 UTC on Wednesday, the hacker sent an Ethereum transaction to themselves, stating that they were “ready…
“#Letters to the Editor — Aug. 8, 2021” Dem spendfestPresident Biden, Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi all remind me of J. Wellington Wimpy, who famously said, “I’ll gladly pay you Tuesday for a hamburger today.” (“Dems’ Next $pend-a-thon,” Editorial, Aug, 5). Tuesday may never come for taxpayers stuck with the…
“#Missouri AG Eric Schmitt bashes Cori Bush for hiring private security” Missouri Attorney General Eric Schmitt (R) slammed progressive Rep. Cori Bush (D-Mo.) for calling to defund the police while hiring private security, telling The Post that her comments are “hypocritical” and a “slap in the face” to victims of crime in the state. Bush…
“# Powers On… Why the fear of ICO enforcement and liability is coming to an end ” Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct…
“# It is time for the US to create a ‘Ripple test’ for crypto ” Most crypto enthusiasts are less than pleased with the United States Securities and Exchange Commission’s past approach to crypto. This is not because legitimate businesses oppose regulation but because of the breadth, complexity and uncertainty associated with the current regulatory…