Tuesday, April 23, 2024
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DARPA to Research Risks of Crypto to National Security in Partnership With Inca Digital

"Given the increasing prevalence of digital assets, the Department of Defense and other federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally," Adam Zarazinski, CEO of Inca, said. Original Source

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Alternative payments’ threat to national security goes far beyond crypto

Non-crypto alternative payment systems pose a serious threat to United States security, according to testimony presented at a U.S. House Financial Services Committee Subcommittee on National Security, International Development, and Monetary Policy hearing Tuesday. The alternative payments ecosystem should be seen as a whole, and crypto can enhance national security,

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BNB Chain, Blockchain Security Firms Start AvengerDAO to Protect Users

The founding partners of the decentralized autonomous organization (DAO), entities that have no central leadership, include security audit firms such as Certik, Go Plus, SlowMist, Zokyo, BlockSec, Hashdit, Verichains, and other crypto companies like Pessimistic, CoinMarketCap, TrustWallet, PancakeSwap, BSCtrace(NodeReal), BSCscan, MathWallet, DappBay, Coin98 and Opera. Source

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Cosmos’ ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security

According to Emperor Osmo, a writer from Cosmos-based automated market maker Osmosis, interchain security could lead to reduced supply of ATOM, as stakers will receive multiple staking rewards from every chain using the share security feature. That, in turn, could boost staking, sucking out coins from the market. Source

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Binance leads funding round in blockchain security specialist Salus Security

Binance Labs, the incubator and investment arm of the world’s largest cryptocurrency exchange, said it invested an undisclosed amount in Salus Security, which provides blockchain smart contract audits and automated smart contract vulnerability detection.See related article: Binance’s US$7.5 billion woman sees plenty of promise in bear marketsFast factsBinance Labs said

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US Treasury publishes laundry lists of crypto risks for consumers, national security

The United States Treasury Department released three publications related to digital assets Friday, in response to U.S. President Joe Biden’s Executive rder “Ensuring Responsible Development of Digital Assets.” One of them focuses specifically on crypto assets, and a shorter action plan looks at countering illicit finance risks. The discussion of crypto

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Ethereum Merge makes network more vulnerable to attack — Security expert

Despite the Ethereum Merge being touted as a major upgrade to the blockchain network, its transition to proof-of-stake theoretically makes it more vulnerable to exploit.Speaking to Cryptox, the security researcher explained that unlike proof-of-work (PoW) systems, a proof-of-stake (PoS) system informs node validators in advance what blocks they will validate,

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