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Hacken: Access control exploits account for nearly 80% of all crypto hacks in 2024
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according… дальше »
2024-12-26 19:13 | |
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Craig Wright’s Satoshi Nakamoto Claim Faces Another Legal Defeat
A UK court found Craig Wright’s claims of being the creator of Bitcoin insufficient, highlighting flaws in his arguments and allegations of judicial bias. The post Craig Wright’s Satoshi Nakamoto Claim Faces Another Legal Defeat appeared first on BeInCrypto. дальше »
2024-12-1 14:30 | |
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How Bitcoin reserves of the largest exchanges changed since the FTX collapse
November marks two years since the FTX exchange went bankrupt. Since then, major crypto exchanges have seen their Bitcoin reserves grow. FTX’s inability to maintain sufficient reserves to meet user requests exposed severe flaws in its controls. It also highlighted… дальше »
2024-11-11 18:34 | |
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Bitmain’s Antminer S19 Series Confronts a Severe Crisis in Texas: Design Flaws Exposed by Extreme Weather
Texas, the foremost mining epicenter in the United States, has historically been a strategic cornerstone for Bitmain’s relentless pursuit of mining dominance. However, a stunning reversal has occurred as all of Bitmain’s air-cooling miners, particularly the prestigious Antminer S19 series, have been compelled to cease operations in Texas. дальше »
2024-10-25 14:53 | |
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Analyzing MOONHOP’s Security, Doge2014 & Pepe Unchained Presales
As MOONHOP Hits $1 Million, Will Doge2014 and Pepe Unchained Learn from Their Predecessor’s Flaws? Presales offer investors an early-bird advantage, setting the stage for the coin’s exhilarating journey. дальше »
2024-7-29 21:00 | |
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$300m meme coin full of potential security flaws
Investors have been buying Mog Coin (MOG) despite the major security flaws in its underlying smart contract code. According to a ChatGPT security audit, the owner of the MOG smart contract used the “Ownable” function in the meme coin’s code.… дальше »
2024-5-22 12:16 | |
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North Korea Laundered $147.5 Million in Crypto Stolen from HTX
North Korea washed $147. 5 million in stolen crypto through Tornado Cash, highlighting flaws in international sanctions enforcement and aiding prohibited nuclear activities. The post North Korea Laundered $147. дальше »
2024-5-16 20:09 | |
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Undisclosed report reveals SEC cybersecurity flaws before fake Bitcoin ETF approval hack
A recently discovered report reveals the SEC's cybersecurity vulnerabilities before a hack led to fake Bitcoin ETF approval in January. The post Undisclosed report reveals SEC cybersecurity flaws before fake Bitcoin ETF approval hack appeared first on Crypto Briefing. дальше »
2024-5-12 23:56 | |
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ChatGPT audit shows major security flaw in memecoin
ChatGPT’s security audit shows major centralization flaws in the Tomwifhat (TWIF) — a memecoin on the BNB Smart Chain (BSC) and Ethereum smart contract. With the rise of dogwifhat (WIF) in late December 2023, the number of fraudulent memecoins with… дальше »
2024-5-8 13:25 | |
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Bitcoin core dev criticizes Runes, claims the protocol exploits Bitcoin’s design flaws
Bitcoin developer Luke Dashjr says the Runes protocol exploits fundamental design flaws within the BTC blockchain network and proposes methods to filter Runes transactions. The post Bitcoin core dev criticizes Runes, claims the protocol exploits Bitcoin’s design flaws appeared first on Crypto Briefing. дальше »
2024-4-26 16:55 | |
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Bitcoin core developer says Runes ‘exploit design flaws’
Bitcoin core developer Luke Dashjr has criticized the Runes protocol, suggesting it exploits a fundamental design flaw within the blockchain network. In an April 26 post on X (formerly Twitter), Dashjr delineated the disparity between Ordinal Inscriptions and the Runes protocol in how they interact with the network. дальше »
2024-4-26 15:18 | |
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Ethereum: Analyst claims 'junk coin' ETH is 'Bitcoin pretender' despite 'Etheridiots'
Peter Brandt criticized Ethereum as a "junk coin" due to perceived flaws Most experts, however, are optimistic about Ethereum's future The crypto-market recorded significant volatility in The post Ethereum: Analyst claims 'junk coin' ETH is 'Bitcoin pretender' despite 'Etheridiots' appeared first on AMBCrypto. дальше »
2024-4-6 12:00 | |
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On-Chain Sleuth Demands $1 Million to Expose Critical Flaws in Ethena’s USDe
An on-chain detective, TardFiWhale, has spotlighted severe vulnerabilities in Ethena's USDe, demanding a hefty sum to disclose them, amidst the company's rapid growth and new token offerings. The post On-Chain Sleuth Demands $1 Million to Expose Critical Flaws in Ethena’s USDe appeared first on BeInCrypto. дальше »
2024-4-2 14:55 | |
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Dogecoin Founder Says DAOs Are ‘Universally Stupid And Doomed’, Here’s Why
Dogecoin founder, Billy Marcus has condemned DAOs, criticizing flaws in their fundamental design as a shared governance and expressing doubts about their viability over time within the crypto space. DOGE Founder Slams DAOs In a recent post on X (formerly Twitter), Dogecoin creator, Billy Marcus aka Shibetoshi Nakamoto openly criticized Decentralized Autonomous Organizations (DAOs), expressing […] дальше »
2023-12-1 23:00 | |
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Ethereum Insider Makes Good On His Promise: What Does The 3-Hour Recording Say?
Ethereum Insider, Steven Nerayoff has fulfilled his promise to the crypto community by releasing a three-hour-long recording of a private conversation between him and founder Vitalik Buterin. The revelation has sparked a series of discussions in the crypto community as the recording sheds light on undisclosed aspects of ETH’s developmental flaws and processes. Details Of […] дальше »
2023-11-17 13:40 | |
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How One Man’s Quest To Recover Lost BTC Revealed A Fatal Bitcoin Flaw
A tech entrepreneur has found himself in a high-stakes crypto drama, after hiring a crypto recovery company to retrieve his Bitcoin wallet holding assets worth $600,000. The recovery process has unearthed fatal flaws in millions of Bitcoin wallets. дальше »
2023-11-15 21:00 | |
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The Sam Bankman-Fried Trial: One Expert Witness
The defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations. дальше »
2023-10-24 13:00 | |
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Ex-employee exposes risk management flaws at FTX, Alameda
Former Alameda Research employee Aditya Baradwaj provided an inside look at the lack of risk management policies and procedures at cryptocurrency exchange FTX and trading firm Alameda Research. дальше »
2023-10-12 16:24 | |
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Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing. дальше »
2023-10-4 00:43 | |
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Ethereum Holesky Testnet Already Seeing Issues, What’s Wrong This Time?
In a rare lapse in technological expertise, the recently unveiled Ethereum testnet, Holesky, failed to launch after developers discovered flaws in the testnet’s design. Ethereum Holesky Testnet Riddled With Misconfigurations The crypto community and Ethereum enthusiasts are presently waiting for the return of Ethereum’s Holesky testnet which was scheduled to launch on Friday, September 15. дальше »
2023-9-18 15:00 | |
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Chancer ($CHANCER): an antidote to the failing play-to-earn sector?
GameFi tokens flourished following explosive two years that took their market cap to $27B as of early 2022. However, fundamental flaws in the play-to-earn concept had the market sector that once attracted top influencers and investors plunging to $3B in market value in 2023. дальше »
2023-8-20 05:30 | |
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ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities
Diligence Fuzzing lets developers introduce random and invalid data points to find security flaws.
дальше »2023-8-2 15:00 | |
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US Congressman Urges To Ban CBDC, Says Technology “Corrupts Money”
Central bank digital currency has gained another top critic as the US Federal Reserve, under Jerome H. Powell’s chairmanship, considers potential CBDC designs. In a July 23 tweet, Republican representative Warren Davidson condemned any potential move to launch a CBDC, noting that a digital currency flaws the ethos of money. Davidson urged Congress to ban and […] дальше »
2023-7-24 15:00 | |
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BlackRock files new bitcoin ETF application amid SEC’s concerns
BlackRock has submitted a new application for a bitcoin spot market ETF after the SEC identified flaws in its initial filing. If approved, this would mark the first bitcoin spot ETF to receive regulatory clearance. In a new filing submitted… дальше »
2023-7-4 16:28 | |
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Bitcoin Startup River Raises $35 Million in Series B Funding Round
Coinspeaker Bitcoin Startup River Raises $35 Million in Series B Funding Round Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. дальше »
2023-5-17 15:24 | |
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SBF says most charges against him ‘suffer from multiple legal flaws’
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss 10 of the 13 charges against him, according to a May 8 court filing. According to a memorandum of law filed by the SBF lawyers, the prosecutors hastily charged their client in a rush to judgment. дальше »
2023-5-9 10:30 | |
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BRC-20 tokens have major flaws and issues, Mintlayer CEO says
Bitcoin BRC-20 tokens have skyrocketed over the past few days, with their combined market value rising to over $923 million as of 8 May, 2023. Mintlayer CEO Enrico Rubboli has highlighted some of the flaws and issues plaguing the BRC-20 token standard. дальше »
2023-5-8 16:56 | |
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Crypto developers expose ‘absolutely horrible’ flaws in Societe Generale euro stablecoin
Several crypto developers have found flaws in the smart contract code of Societe Generale’s (SG) euro stablecoin, EURCV. On April 20, SG said the EURCV would be limited to investors onboarded by Societe Generale group through its existing compliance procedures. дальше »
2023-4-21 10:05 | |
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Gaping Flaws Found in Societe Generale’s Euro Stablecoin Code
Societe Generale has unveiled a CBDC-type Euro-pegged stablecoin. However, crypto developers were quick to identify potential issues. The post Gaping Flaws Found in Societe Generale’s Euro Stablecoin Code appeared first on BeInCrypto. дальше »
2023-4-21 06:00 | |
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Arbitrum airdrop marred by Sybil attacks
Arbitrum’s upcoming airdrop for its new governance token, ARB, has reportedly encountered significant Sybil activity, exacerbated by what experts have called “ineffective” detection rules. According to an analysis by crypto security researcher X-explore, Arbitrum’s Sybil detection rules had flaws that… дальше »
2023-3-22 17:48 | |
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Before We Fix Crypto, We Need to Fix the Banks
This article delves into the challenges of the traditional banking system and the importance of addressing its flaws before fully embracing the potential of cryptocurrencies, paving the way for a more transparent and inclusive financial landscape. дальше »
2023-3-22 20:57 | |
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Here’s What John Lennon’s Son Thinks About Bitcoin
Many people now see crypto, especially bitcoin, as an option to protect investors’ money during times of uncertainties in the traditional banking system. The recent banking crisis in the United States has made investors aware of the flaws in the current banking system. дальше »
2023-3-22 18:00 | |
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Binance Negotiates With US Regulators After Admitting Regulatory Flaws
The Chief Strategy Officer (CSO) at Binance confirms the firm had some compliance issues years after its launch in 2017. The company is now discussing with the US regulators for a possible level ground. дальше »
2023-2-20 11:17 | |
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SEC Commissioner Makes Controversial Case For ETH, XRP, Faults Howey’s Test
The Howey test has been used by the Securities and Exchange Commission (SEC) to determine if assets are to be classified as securities since 1946, but it is not without its flaws. SEC’s Commissioner Hester Pierce has concurred with the point of most digital asset executives for the greater part of the year concerning the […] дальше »
2023-1-24 17:59 | |
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Former FTX US President Reveals SBF’s Management Flaws
An ex-President of FTX US has revealed the reasons for his resignation from the position. He said that the inexperienced management destroyed the firm. Harrison explained that SBF had tried to block him off from essential decisions involving FTX’s US operations after 17 months as the head of FTX US. 1/49 Many have asked questions […] дальше »
2023-1-16 15:30 | |
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Binance Says There Were Flaws In Maintaining BUSD Peg
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin. дальше »
2023-1-12 20:00 | |
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