Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises
Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises Original Source
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Blockchain Bridges Keep Getting Attacked. Here’s How to Prevent It
As these examples suggest, focusing on the shortcomings of bridges while failing to address ground-level security measures is not the way forward. Bridges per se are not the problem; technology is, after all, agnostic. The most common factor across exploits is human error. Post-hack investigations and subsequent fixes often serve
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Using Financial Censorship to Prevent Crime Could Be Bad for Society
In the society foreshadowed by such schemes, Socrates wouldn’t just be executed – he would never exist in the first place. Crime, Durkheim would argue, represents a frontier of social transformation, a realm for exploring the explicitly forbidden – and, perhaps, finding its upsides. By this view, a society without
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Colombia to prevent tax evasion with national digital currency: Report
Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency plans.Luis Carlos Reyes, the head of the Colombian Tax and Customs National Authority, claimed that the government of newly inaugurated Colombian President Gustavo Petro
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EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill. Source
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Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week
Bitcoin (BTC) enters a new week with a question mark over the fate of the market ahead of another key United States monetary policy decision.After sealing a successful weekly close — its highest since mid-June — BTC/USD is much more cautious as the Federal Reserve prepares to hike benchmark interest
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The Sandbox Brings on Security Firm BrandShield to Prevent Rising NFT Fraud
“In the open metaverse, users should be able to enjoy their true digital ownership rights and have new ways to create, store and trade value while having fun rather than having to worry about online threats,” Sebastien Borget, chief operations officer of The Sandbox, said in an email. Source
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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks – Finance Bitcoin News
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from
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SBF and Alameda step in to prevent crypto collapse contagion
Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market. Numerous crypto companies are facing liquidity issues (of varying severity) as a result of the strong market downturn throughout 2022. Major firms such as Celsius and Three Arrows Capital
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How to Prevent the Metaverse From Becoming a Nightmare
The metaverse has become a term associated with the future of the internet, evoking imagery of an interconnected web of virtual worlds, each guided by their own aesthetic, capabilities and set of rules. The "set of rules" component is important. None of us wants to participate in a digital universe
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