Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful. A survey conducted by sales platform Tidio found that ChelseaCryptographyDefeatedManningSXSW Read More
According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing algorithm present in blockchains and other security protocols. RSA is a cryptographic technique that utilizes a public key to encrypt information and a private key to decrypt them. Breaching BlockchainbreachComputersCryptographyQuantumReport Read More
Lit aims to give individuals agency within Web3 ecosystems by giving users a private key that is interoperable across decentralized finance (DeFi), decentralized autonomous organizations (DAO) and non-fungible tokens (NFT) on Ethereum Virtual Machine (EVM), Cosmos and Solana chains. Lit protocol founder David Sneider said users will have greater security AutonomybolsterCryptographyInteroperabilityLitNetworkProtocolRaisesWeb3 Read More
On Monday, Coinbase, the fourth-largest cryptocurrency exchange globally by trading volume, announced the creation of a novel cryptographic library, Kryptology, as a compendium of tools for blockchain developers. These include secure, audited and easy-to-use APIs as well as a repository of common issues and lessons learned throughout the history of BitcoinCoinbasecryptoexchangeCryptographyExchangesKryptologyLaunchesLibraryOpenSource Read More
Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos.
The startup is now working with Tezos developer groups Nomadic Labs and Metastate to implement the tech in the next network update.
Similar to the Lightning Network, zkChannels is a payment channel for blockchains but with zero-knowledge proofs attached. BlockchainBringsChannelsCryptographyPaymentPrivateStartupTezos Read More
Scientists in China were able to exchange an encryption key at a distance of 1,120 kilometers, this exceeds the previous best attempt by 1,000 kilometers. Crypto experts discuss whether this could have practical implications for the industry.Hackerproof cryptography?Quantum computers are scarecrows for the crypto industry for years, with some speculating CryptographyExpertsimplicationsPracticalQuantumSplit Read More
According to an early Bitcoin (BTC) developer, Satoshi Nakamoto sought help from outside cryptographers prior to launching Bitcoin.Laszlo Hanyecz, who worked closely with Satsohi in 2010, told Cryptox that he was befuddled by Satoshi’s choice of the elliptic curve secp256k1. The use of this curve, at the time, BitcoinCryptographyDevEarlyNakamotoSatoshi Read More
Cryptocurrencies could not exist without cryptography. Advances in this field can have far-reaching impacts on blockchain technology and its potential. We will examine the opinions of industry experts on the latest cryptographic advances and their potential for cryptocurrencies.Zero knowledge proofs: more than just privacyDirector of research at blockchain firm AdvancesBlockchainChangeCryptographyLatestSet Read More
On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide scale. Some local media outlets rumor that the law is paving CBDCChinaCryptographyEncryptionLawPreparesStandards Read More