Research into Sushi’s wallets reveal the admin holds the keys to $27 million worth of tokens. Analysis of hot DeFi protocol SushiSwap’s smart contracts has revealed that as much as $27 million worth of the native token is in an admin wallet that could be dumped without warning. Data analyst and partner at Cinneamhain Ventures, […]
Continue Reading
With more than half a billion dollars worth BTC already tokenized, Messari believes that projects bringing Bitcoin to DeFi will emerge as leaders of the crypto sector. Crypto analytics firm Messari estimates that $500 million worth of Bitcoin (BTC) has been tokenized on the Ethereum network for use in decentralized finance (DeFi) protocols. The firm’s […]
Continue Reading
‘Criminals cannot hide behind technology to break the law,’ a US attorney stated. One of the men responsible for moderating content on the now defunct AlphaBay darknet market will be in jail until 2031. According to a Sept. 1 statement from the U.S. Department of Justice, 26-year-old Bryan Connor Herrell was sentenced to 11 years […]
Continue Reading
Was the Uniswap fork that created SushiSwap a good thing for the DeFi sector? Crypto startup investor and IDEO Managing Director Ian Lee has revealed how DeFi protocols can avoid being cloned and drained of liquidity by improving upon their design and governance from the start. When SushiSwap forked from Uniswap on Friday, August 28, […]
Continue Reading
‘Uptake of privacy features and assets has been slow,’ the report stated. The overwhelming majority of crypto transactions do not include privacy tokens, with most traders choosing to move funds transparently rather than privately. According to crypto analytics firm Coin Metrics’ Sept. 1 State of the Network report, the combined daily transactions of three privacy […]
Continue Reading
With Bitcoin Cash poised to fork again in November, the BCH community is gearing up to do battle over the Bitcoin Cash brand. Bitcoin Cash figurehead Roger Ver has dramatically announced that Bitcoin ABC and its lead developer Amaury Sechet are “forking away from #BitcoinCash on Nov 15th”. Bitcoin ABC and @deadalnix have announced that […]
Continue Reading
Layer1’s plan to sell excess power back to Texans has resulted in 700% profits Texas crypto miner operator Layer1 Technologies has been able to sell back its power supply for 8X the price. According to a Sept. 1 Bloomberg report, Layer1 reported nearly 700% profits from selling excess electricity from its ‘Bitcoin Batteries’ – large-scale […]
Continue Reading
Graham Ivan Clark may not be the only juvenile responsible for the massive Twitter breach on July 15. The FBI executed a search warrant against a 16-year-old Massachusetts resident in connection with the massive Twitter breach. According to a New York Times report, on Sept. 1 authorities raided the home of a 16-year-old boy who […]
Continue Reading
Logistical management continues to be one of Blockchain’s golden use cases. Dutch logistics solutions provider, Portbase, has successfully completed the first phase of their integration with blockchain-based platform, TradeLens. Together, they will handle operations and core processes for ports in Amsterdam and Rotterdam. According to the announcement, both Portbase and TradeLens expect to create a […]
Continue Reading
The implementation of this technology promises to remove the need for trusted setups. The Electric Coin Co., or ECC, the entity responsible for the advancement of privacy coin Zcash (ZEC), unveiled new code for the blockchain and crypto community. The company opened its Halo 2 source code — “an updated, more efficient version of ECC’s recursive […]
Continue Reading