Immunefi’s Alejandro Muñoz-McDonald: Bug Bounties Will Become Core Security Model of Web3 Alejandro Muñoz-McDonald, a smart contracts engineer at Immunefi, tells Decrypt’s Jason Nelson in our Decrypting Mainnet series at Mainnet 2022 about how Immunefi’s bug bounties work, how to recruit more smart coders into Web3 security, and why bug bounties should not be seen as “optional” for blockchain platforms.…
Month: October 2022
Tiffany Huang of Magic Eden: ‘Ethereum People Are Paying a Lot of Attention to Solana NFTs’
Tiffany Huang of Magic Eden: ‘Ethereum People Are Paying a Lot of Attention to Solana NFTs’ NFT marketplace Magic Eden content head Tiffany Huang tells Decrypt’s Dan Roberts and Andrew Hayward in our Decrypting Mainnet series at Mainnet 2022 about how Magic Eden’s expansion to Ethereum has gone, how Solana NFTs have gained share of the overall NFT market, why…
Cash App Crypto Lead: ‘You’d Be Blind to Not See the Utility of Stablecoins’
Cash App Crypto Lead: ‘You’d Be Blind to Not See the Utility of Stablecoins’ Miles Suter, crypto lead at Block’s Cash App, tells Decrypt’s Dan Roberts and Stacy Elliott in our Decrypting Mainnet series at Mainnet 2022 about Cash App’s new feature that uses the Bitcoin Lightning network, why he believes Bitcoin is “the global reserve currency of the future,”…
Coinbase Suffers ‘Major Outage’ for Customers With US Bank Accounts
Coinbase account holders with U.S. bank accounts found themselves unable to conduct transactions on Sunday morning. “We are currently unable to take payments or make withdrawals involving US bank accounts,” the company said on its status site. “Our team is aware of this issue and is working on getting everything back to normal as soon as possible.” The company said…
‘Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels – Economics Bitcoin News
It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels are approaching degrees not seen…
Terra could leave a similar regulatory legacy to that of Facebook’s Libra
New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST). The proposed legislation would require the Department of the Treasury to conduct a study of stablecoins similar to UST in collaboration with the United States Federal Reserve, the Office of the Comptroller of the…
Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’ – Regulation Bitcoin News
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they meet our standards that’s important for every jurisdiction that they seek to apply for around…
CoinEx Cheers for Athletes as the Exclusive Cryptocurrency Trading Platform – Press release Bitcoin News
press release PRESS RELEASE. On 15 October, England men will face the Samoa men at St James Park in the opening match of the Rugby League World Cup (RLWC) 2021, which will conclude in Manchester on 18 November with the wheelchair final and a spectacular doubleheader at Old Trafford on 19 November for the men’s and women’s finals. For the…
Ethereum Merge spikes block creation with a faster average block time
The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to have a positive impact on the creation of new Ethereum blocks. The Merge was considered one of the most significant upgrades for Ethereum. As a result of the hype, numerous misconceptions around cheaper gas fees and faster…
The ‘End Is Here’ for Fake Money — Week in Review – The Weekly Bitcoin News
Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki says the “end is here” for fake money. This and more just below in the latest Bitcoin.com News Week…