The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance. The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to only […]
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Trustless zero-knowledge proof systems, known as zk-SNARKs, have the potential to become the leading technological solution for privacy protection. At a time when technology can be used as both a mechanism for privacy intrusions and a tool for protecting privacy, the prescient sentiment of cypherpunks in the 1990s of cryptography as the last defense against […]
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The Bank of England’s deputy governor has warned that stablecoin adoption could have profound implications for the money creation of national economies. Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank […]
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A federal judge has backed multiple claims against telecom giant AT&T for failing to secure the data of the victim of a $24 million cryptocurrency theft. On Feb. 24, a California federal judge ruled that cryptocurrency investor Michael Terpin can proceed with his lawsuit against telecom corporation AT&T over a $24 million SIM hacking incident. […]
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Starkware, led by Zcash founding scientist, hopes to bring security and scalability to crypto exchanges. An Israeli startup Starkware believes it can solve two of the most pressing issues in crypto trading — the inherent vulnerability of centralized exchanges and the low transactional capacity of decentralized ones. The venture was co-founded by professor Eli Ben […]
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The Lightning Network was found to be more centralized than initially believed, increasingly relying on hubs through a core-periphery model observed by researchers. The Lightning Network’s (LN) configuration is becoming increasingly centralized, with multiple hubs being formed. This is the finding of a yet-to-be-reviewed research paper, released on pre-print site arXiv on Feb. 7. A […]
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Following a hack of IOTA official wallet on Feb. 12, the IOTA Foundation has released what it is calling a safe desktop version of the Trinity wallet. Following an apparent hack of IOTA (MIOTA) official wallet on Feb. 12, the IOTA Foundation has released a safe desktop version of the Trinity wallet. According to a […]
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The SEC says Telegram’s tokens are worth less than donuts, and there are now fewer than 100 days to go until the Bitcoin halving. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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Kraken’s security division revealed that the entire family of Trezor wallets can be hacked to steal private keys, though the method requires specialized hardware. Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it […]
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Smart contract auditing team ChainSecurity joins the Swiss branch of big four auditing firm PricewaterhouseCoopers. Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides. In an email sent to Cointelegraph, a PwC spokesperson explained that no acquisition took place and […]
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