{"id":324143,"date":"2021-08-13T03:02:47","date_gmt":"2021-08-13T00:02:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/"},"modified":"2021-08-13T03:02:47","modified_gmt":"2021-08-13T00:02:47","slug":"shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/","title":{"rendered":"#Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e84f0354f1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e84f0354f1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Who_are_these_projects\" >Who are these projects?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Untangling_the_web\" >Untangling the web<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Looking_for_silver_linings\" >Looking for silver linings<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Is_the_cryptocurrency_epicenter_moving_away_from_East_Asia\" >Is the cryptocurrency epicenter moving away from East Asia?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Crypto_City_Guide_to_Melbourne\" >Crypto City: Guide to Melbourne<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Who_takes_gold_in_the_crypto_and_blockchain_Olympics\" >Who takes gold in the crypto and blockchain Olympics?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Is_Bitcoin_a_religion_If_not_it_soon_could_be\" >Is Bitcoin a religion? If not, it soon could be<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/shanghai-man-hack-of-little-known-poly-network-highlights-east-west-crypto-divide\/#Blockchain_fail-safes_in_space_SpaceChain_Blockstream_and_Cryptosat\" >Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide<\/strong>&#8221;<\/p>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/MAG-our-man-in-shanghai-3.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                &lt;p&gt;&lt;i&gt;&lt;span style=\"font-weight: 400\"&gt;This weekly roundup of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.&lt;\/span&gt;&lt;\/i&gt;\n<\/code><\/pre>\n<p><span style=\"font-weight: 400\">After <\/span><span style=\"font-weight: 400\">ThorCHAIN<\/span><span style=\"font-weight: 400\"> and <\/span><span style=\"font-weight: 400\">Chainswap<\/span><span style=\"font-weight: 400\"> were exploited, its safe to say that hacking cross-chain bridges seems to be the style of the season. This week, it was local project Poly Network that was fleeced of <\/span><span style=\"font-weight: 400\">$615 million<\/span><span style=\"font-weight: 400\"> before leading the crypto community on a dramatic witch hunt to track down the attacker. While most news outlets have covered this story extensively, there are still a few points worth dissecting.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Who_are_these_projects\"><\/span><span style=\"font-weight: 400\">Who are these projects?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The first point is that most western DeFi users had never heard of Poly Network despite them amassing over $600 million in total value locked. Dovey Wan of Primitive Capital covered this on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> when she noted that the, Chinese crypto community always have their own version to utilize the same blockchain infra, for good and for bad, most are unseen and lack of accessibility to westerners.<\/span><\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Only after Poly got hacked most CT came to know this crosschain project with over $500m TVL, just as the PlusToken case in 2018 <\/p>\n<p>There are a VERY vibrant but completely different Defi communities h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening in mainland China, despite the ban, despite many rugs and hacks<\/p>\n<p>\u2014 Dovey Rug The Fiat Wan (@DoveyWan) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DoveyWan\/status\/1425488910851792903?ref_src=twsrc%5Etfw\">August 11, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">So why are Chinese projects flying so far under the radar? The first reason might be a cultural and language barrier as Chinese marketing teams struggle to integrate into the fast-moving and esoteric world of Crypto Twitter.<\/span><\/p>\n<p><span style=\"font-weight: 400\"> Instead of trying to win over global communities, they focus on integrations that can bring users over directly.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to SimilarWeb, Poly Network attracted over 58% of its web traffic from third-party website referrals, with Chinese DApps OpenOcean, O3 Swap, and Wing Finance at the top of the list. By contrast, Compound Finance receives more than half of its visits from direct hits, with only 16% coming via third-party websites. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Compounds two main websites for referrals are CoinMarketCap and CoinGecko. This shows that the difference in how Chinese and international users behave is quite tangible and that to capture both audiences requires two very distinct strategies.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_8580\" aria-describedby=\"caption-attachment-8580\" style=\"width: 500px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-8580 \" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/16091628770385_.pic_hd.png\" alt=\"\" width=\"500\" height=\"326\" \/><figcaption id=\"caption-attachment-8580\" class=\"wp-caption-text\">A DeFi island: Chinese dApps and websites are the major onramps for users to Poly Network. Source: Similarweb<\/figcaption><\/figure>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Untangling_the_web\"><\/span><span style=\"font-weight: 400\">Untangling the web<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Another more taboo talking point is that many of these large Chinese DeFi projects have ties to other projects. Poly Network has ties to the O3 network, which itself is incubated by Neo. The extent to which Neo is involved is indistinct but it explains why its rare to see Poly Network founders marketing in public. These founders are often just figureheads for the parent company. The parent company gets all the benefits of launching a second token without taking the reputational or legal risk of being tied to it. If the side project succeeds, it can support the main network. If it fails, everyone moves on with their lives and pretends it never happened.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Its a big PR problem for O3Swap now that many of their users assets were compromised in the attack. This isnt the first time that the team has had to deal with negativity, as they were accused of having a backdoor function written into their code that would allow them to rug pull. Although this has never been exploited, it does raise eyebrows about the intentions of the developers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After the hack, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/weibo.com\/6470674840\/KsQxGcMGE?filter=hot&amp;root_comment_id=0&amp;type=comment#_rnd1628736557477\"><span style=\"font-weight: 400\">a lot of negativity<\/span><\/a><span style=\"font-weight: 400\"> flooded local social media, with comments calling into question the integrity of Chinese-made projects. One user on Weibo stated that you could beat him to death before he touched a Chinese project while another user just called it an inside job.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_8581\" aria-describedby=\"caption-attachment-8581\" style=\"width: 495px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-8581 \" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/IMAGE-2021-08-12-212403.jpg\" alt=\"\" width=\"495\" height=\"359\" \/><figcaption id=\"caption-attachment-8581\" class=\"wp-caption-text\">A user points out a potential backdoor in O3Swap\u2019s code. Source: Weibo<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">The bigger issue here is that prior to DeFi, substandard projects would never get off the ground, leading to a slow and painful soft decline in value for token holders. In this model, investors might still get the chance to recover some of their funds by selling on secondary markets. <\/span><\/p>\n<p><span style=\"font-weight: 400\">In the new model of DeFi forks, code can be deployed and amass hundreds of millions of dollars in TVL very rapidly and without adequate risk controls. Audits can be superficial, and staggeringly high yields can seduce retail investors into providing liquidity. If the code is compromised, all the assets are lost, resulting in a much more swift and comprehensive loss for investors.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Looking_for_silver_linings\"><\/span><span style=\"font-weight: 400\">Looking for silver linings<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The major positive in all this was the quick and united response of the Chinese blockchain community. Smart contract auditor Slowmist worked quickly with exchanges to limit the options of the attacker to liquidate funds. The company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/slowmist.medium.com\/the-analysis-and-q-a-of-poly-network-being-hacked-8112a35beb39\">blog<\/a> notes:<br \/><\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p>Special thanks to the teams such as Hoo, Poly Network, Huobi ZLabs, ChainNews, WePiggy, TokenPocket, Bibox, OkLink and many individual partners for synchronizing relevant attacker information with the SlowMist security team on time under the premise of compliance, and buying valuable time for tracking attacker.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Huobis co-founder Du June choed this on social media as well, stating that they would do everything in their power to protect the crypto community. This will be a welcome sign to Chinese DeFi users who want to see trust being rebuilt among the local players. <\/span><\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Huobi has taken notice of the large sum stolen from the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/PolyNetwork?src=hash&amp;ref_src=twsrc%5Etfw\">#PolyNetwork<\/a> tonight. Our risk control and security teams are already tracking and identifying the addresses involved. We&#039;ll do everything in our power to assist and protect the crypto community. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/StrongerTogether?src=hash&amp;ref_src=twsrc%5Etfw\">#StrongerTogether<\/a><\/p>\n<p>\u2014 Du Jun (@DujunX) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DujunX\/status\/1425100770588954626?ref_src=twsrc%5Etfw\">August 10, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__0_6117679b10b2c    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Is the cryptocurrency epicenter moving away from East Asia?\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-investors-in-different-parts-of-the-world-see-crypto-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-investors-in-different-parts-of-the-world-see-crypto-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-investors-in-different-parts-of-the-world-see-crypto-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-investors-in-different-parts-of-the-world-see-crypto-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Is_the_cryptocurrency_epicenter_moving_away_from_East_Asia\"><\/span>Is the cryptocurrency epicenter moving away from East Asia?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 10, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Melbourne crypto city\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine_Crypto_cities_Melbourne-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine_Crypto_cities_Melbourne-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine_Crypto_cities_Melbourne-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine_Crypto_cities_Melbourne-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Crypto_City_Guide_to_Melbourne\"><\/span>Crypto City: Guide to Melbourne<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 4, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Who takes gold in the crypto and blockchain Olympics?\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine-cryptoolympics2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine-cryptoolympics2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine-cryptoolympics2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine-cryptoolympics2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Who_takes_gold_in_the_crypto_and_blockchain_Olympics\"><\/span>Who takes gold in the crypto and blockchain Olympics?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> July 30, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Bitcoin and religion\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine_Bitcoin_as_religion-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine_Bitcoin_as_religion-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine_Bitcoin_as_religion-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine_Bitcoin_as_religion-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Is_Bitcoin_a_religion_If_not_it_soon_could_be\"><\/span>Is Bitcoin a religion? If not, it soon could be<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> July 29, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine__SpaceChain-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine__SpaceChain-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine__SpaceChain-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/magazine__SpaceChain-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Blockchain_fail-safes_in_space_SpaceChain_Blockstream_and_Cryptosat\"><\/span>Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> July 26, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p>\u00a0<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2021\/08\/12\/shanghai-man-poly-network-hacking-shows-how-divided-the-eastern-and-western-crypto-communities-still-are\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide&#8221; &lt;p&gt;&lt;i&gt;&lt;span style=&#8221;font-weight: 400&#8243;&gt;This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.&lt;\/span&gt;&lt;\/i&gt; After ThorCHAIN and Chainswap were exploited, its safe to say&#8230;<\/p>\n","protected":false},"author":1,"featured_media":324144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/07\/MAG-our-man-in-shanghai-3.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-324143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/324143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=324143"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/324143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/324144"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=324143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=324143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=324143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}