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“# The importance of decentralized oracles: Interview with Sergey Nazarov ” Chainlink co-founder Sergey Nazarov believes that increasing the decentralization and scalability of oracle technologies are key to ensure trust in the DeFi ecosystem. Oracles play a key role in the correct functioning of DeFI protocols by connecting them to real-world data. However, the trustworthiness…
“# Traditional crypto custodians ramp up security to accommodate institutional demand ” Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history. Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec….
“# ‘Secret’ bridge turns ERC-20 tokens into privacy coins ” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, which is designed to allow Ether…
“# Congresspeople ask SEC to verify who can custody security tokens ” Nine members of congress have written a letter asking the Securities and Exchange Commission to get its security token guidance straightened out. In a Dec. 9 letter to SEC Chairman Jay Clayton, several members of the Congressional Blockchain Caucus led by Tom Emmer…
“# Today’s clients demand that banks show cybersecurity chops, says JPMorgan leader ” As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls. “It’s a competitive disadvantage not to have a…
“# Ensuring trust in crypto is tough, but audits and transparency go a long way ” On Dec. 9, the total market capitalization of cryptocurrencies soared past $535 billion. This is a significant increase from last year, when the cumulative market capitalization of cryptocurrencies was just over $199 billion. With such impressive growth underway, it…
“# Crypto trader and accused Ponzi scheme is now fighting the SEC and jilted investors ” Dissolved limited liability company Crypto Traders Management is seeing its legal troubles multiply. Per a Friday legal filing in Utah, CTM and its former manager Shawn Cutting are trying to fight off a subpoena from the Securities and Exchange Commission….
The COVID-19 pandemic has not only severely impacted public health in Indonesia but also people’s human rights. The pandemic has justified governments around the world restricting certain rights. These include the imposition of quarantine or isolation, which limits freedom of movement, and intrusions on privacy in the name of “contact tracing.” In March, United Nations…
“#Pardon the Intrusion #32: When an exploit becomes a work of art” Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. Google Project Zero‘s elite team of bug hunters needs no introduction. The white-hat hackers have been…
“# CipherTrace warns of surge in funds lost to MetaMask phishers ” Cyber Security firm CipherTrace has issued a warning after noting a surge in reports over the past 24 hours of users funds being stolen by a malicious Chrome browser extension posing as popular crypto wallet MetaMask. The warning was issued under the headline…