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US Secret Service holds crypto, praises blockchain tech in Reddit AMA

The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit users learned during a recent ask-me-anything (AMA).On May 15, representatives from the United States Secret Service San Francisco Field Office and the Bay Area Regional Enforcement Allied

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Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret

“A trusted-party vulnerability (also called a ’backdoor’) is an undisclosed capability of a trusted party, that can compromise the function of the system,” Prestwich explained in a tweet outlining his findings. According to Prestwich, LayerZero has the ability to unilaterally steal or move around funds locked up with platforms that

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Secret Blockchain Suffers Departures as Foundation Founder Tor Bair’s $2M-Plus Dividend Sparks Outcry

“Instead of paying out my vested tokens in December 2021, I converted my vested portion of tokens to USD at the OTC price and Secret Foundation distributed these funds as a dividend,” Bair wrote. OTC stands for over-the-counter, referring to the off-exchange market price. “The amount of tokens vested was

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Secret Network validator shuts down nodes after leadership turmoil

A major validator for the privacy smart contract layer-1 blockchain Secret Network has announced that it will no longer provide nodes and support for the network.On Jan. 29, major validator Smart Stake announced that it would shut down its Secret Network validator nodes on Feb. 21.Smart Stake cited “complex/stressful validator

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‘LEAKED BIDS’ — Binance, Galaxy Digital among secret bidders for Celsius assets

At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, has

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FTX Attorney Reveals SBF Ordered Co-Founder to Open $65B Secret Line of Credit for Alameda Research

The CFTC claimed that the FTX co-founder created a “virtually unlimited” secret line of credit” for Alameda. FTX attorney Andrew Dietderich has dropped a bombshell testimony that Sam Bankman-Fried ordered co-founder Gary Wang to open a credit line for Alameda Research. Alameda Research is the crypto exchange’s crypto company, which was at

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