Cryptocurrency Analysis and News Portal
A four-year-old video of United States Securities an Exchange Commission (SEC) chair Gary Genser giving praise to smart contract platform Algorand (ALGO) is circulating on Twitter following the SEC declaring ALGO is an unregistered security.In the video, Gensler referred to Algorand as a “great technology” while he was contemplating whether
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Its founders, Eli Ben-Sasson and Uri Kolodny, more casually known as the Ernie and Bert of blockchain (it’s still up for debate who is who), have known each other since they were both 18 years old. Ben-Sasson, a computer science professor at Technion, has been involved longer in the blockchain
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Ali Shamkhani, secretary of the National Security Council of Iran, has stated that the recent bilateral cooperation efforts between his country and Russia are contributing to rendering U.S.-established sanctions useless at a global level. The official noted that many other countries are also in this course of action — abandoning
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Governments around the world are finding themselves face to face with questions on how to handle the swift rise of artificial intelligence (AI). In China, local authorities announced that they plan to enforce a mandatory review of generative AI services prior to their public operation. According to a statement on the
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According to researchers at Trustwave Spiderlabs, a strain of malware known as Rilide is believed to be helping cybercriminals steal funds from cryptocurrency exchanges. Although the steps being taken to tackle this malware are likely to make life more difficult for cybercriminals, two researchers — Pawel Knapczyk and Wojciech Cieslak
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After what seemed like an eternity, Anatoly Yakovenko, co-founder of Solana Labs, and Vitalik Buterin, co-founder of ethereum, have picked up where they left off in discussing bridge security. Yakovenko Bridge claims to have pondered the issue for a year until he may have stumbled onto the answer. .@VitalikButerin, I've been noodling on
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The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a statement expressing concern over the impact of decentralized
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The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls
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“As blockchain technology gains adoption and proliferates, so do threats to its security,” said Michael Kong, CEO at Fantom Foundation, in a statement to CryptoX. “Fantom is pleased to welcome De.Fi’s Web3 Defense Suite to its ecosystem, which will further complement Fantom’s best-in-class smart contract security offerings.” Source
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Blockchain technology has revolutionized the world of finance and digital transactions. With its decentralized, transparent, and secure architecture, it has become an essential component of the modern digital economy. However, as the popularity of cryptocurrencies and blockchain-based applications continues to rise, so does the need for effective tools to analyze,
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