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Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles such as clerical work — could see more of their tasks automated than others. According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization (ILO) — a United Nations agency
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Of the $303 million this month, investors lost about $285 million in exploit attempts and hacks including the Multichain and Curve attacks, per CertiK’s data. Roughly $8.7 million of assets were drained abusing flash loans. This is a sophisticated exploit venue that lets traders borrow unsecured funds using smart contracts
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ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are unfounded. The ProShares Bitcoin Strategy Fund began trading on the New York Stock Exchange in October, 2021, allowing investors to gain exposure
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While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2 scaling solution Polygon.Speaking at the Ethereum Community Conference (EthCC) event on July 17, Gupta discussed the differences between theoretical security and practical security in the
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On July 1, the popular discussion website Reddit took a ruinous step: Its application programming interface (API) — the tool that gives developers access to its rich store of data as they build and train applications — ceased providing free, open access. Going forward, it will be closed and, for
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Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied IoTeX has unveiled W3bstream’s Devnet, providing developers with tools and infrastructure to build Decentralized Physical Infrastructure Networks (DePIN) applications. This release reduces development costs and go-to-market time, enabling developers to connect smart devices to any smart contract,
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Bridge standards are sets of rules that define how different blockchain networks can communicate with each other, in this case, through a cross-chain bridge. While some of these protocols, by themselves, are at risk of exploitation, when put together they add much-needed additional layers of security. Source
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Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already,
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The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit. Source
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