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” Polkadot incentivizes its community to fight scams through an “anti-scam bounty” “ Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams. According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem….
” Leading Cardano stablecoin project shuts down after excruciating launch delays “ On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing “funding and project timeline uncertainty.” The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana…
” MetaMask will start collecting user IP addresses “ According to a revised privacy policy agreement published by ConsenSys on Nov. 23, MetaMask will begin collecting users’ IP addresses and Ethereum wallet addresses during on-chain transactions. However, ConsenSys, the wallet’s creator, explains that the collection of users’ data will only apply if they use MetaMask’s…
” Crypto is breaking the Google-Amazon-Apple monopoly on user data “ For decades, banks and insurance firms employed the same mostly static but highly profitable and centralized business models. Also for decades, Big Tech firms such as Facebook, Microsoft, Amazon, Apple and Google have monopolized user data for their profit. However, blockchain projects could significantly…
” Casper Association launches $25M grant to support developers on its blockchain “ Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research innovation on its blockchain. JUST IN from @nextblockexpo: We’re…
” OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves “ Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time when crypto exchanges are coming under greater scrutiny after the…
” Aave proposes governance changes after failed $60M short attack “ On Nov. 23, one day after Mango Markets exploiter Avraham Eisenberg attempted to use a series of sophisticated short sales to exploit decentralized finance protocol Aave, project contributors have put forth a series of proposals to deal with the aftermath. As told by protocol…
” Chinese VC loses $42M in crypto due to compromised mnemonic seed phrase “ According to a new twitter post on Nov. 23, Bo Shen, general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claime that $42 million worth of funds were drained from his Trust Wallet on Nov. 10. Shen, who grew…
Accountant testifies Trump reported significant tax losses for a decade An accountant for former President Trump has testified that the former president reported major losses on his tax returns every year for a decade, including a $700 million loss in 2009. The Associated Press reported on Wednesday that Donald Bender, who has served as Trump’s…
The Memo: Can any Republican defeat Trump and DeSantis? The 2024 election is almost two years away, but it’s already an open question whether anyone other than former President Trump and Florida Gov. Ron DeSantis can become the GOP’s nominee. Trump and DeSantis have raced out to an early lead over all other possible contenders,…