Despite the name “EtherHiding,” the new attack vector that hides malicious code in blockchain smart contracts doesn’t have much to do with Ethereum at all, cybersecurity analysts have revealed. As reported by Cointelegraph on Oct. 16, EtherHiding has been discovered as a new way for bad actors to hide malicious payloads inside smart contracts — with the ultimate goal of distributing…
Month: October 2023
‘This will be our last post’ — LBRY throws in towel against the SEC
Blockchain company LBRY Inc. — the creators of the LBRY blockchain — has issued its final message to the crypto, citing “several million dollars” of debts that have now made it impossible for the firm to continue. “This will be our last post,” said the LBRY Inc. team in an Oct. 20 statement on Odysee, a LBRY-powered video-sharing website, which…
Crypto exchange Binance restores euro services after new fiat partners
Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September. In an Oct. 19 statement, Binance announced that it had signed agreements with new fiat partners for euro payments, deposits, and withdrawals. The move follows regulatory and debanking woes in the European Union, where…
‘He broke his word’ — Ex-ConsenSys staff sue founder over employee equity deal
Over two dozen former employees of Ethereum infrastructure firm ConsenSys have filed a fresh lawsuit against the firm’s founder and CEO, Joseph Lubin, over claims he diluted employee equity shares against earlier promises. The former staff allege that Lubin — who is also a co-founder of Ethereum — breached this “no-dilution promise” made in 2015, according to the plaintiff’s Oct.…
Coinbase open sources code for layer-2 network Base
Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build “in the open.” Source: https://cointelegraph.com/public/index.php/news/coinbase-layer-2-network-base-open-source-code
Coinbase open sources code for layer-2 network Base
Coinbase layer-2 network Base has announced it has open-sourced its code repositories and smart contracts to increase transparency and accountability while simultaneously allowing public contributions to the project. In an Oct. 19 blog post, Base announced that as of today, developers would be granted full access to the network’s codebase. One of Base’s core values is building in the open…
Metaverse tech gets US greenlight to use speedier 6GHz frequency
Low-power wearable technology, including virtual and augmented reality devices crucial to the metaverse, will be permitted to tap into the 6 GHz frequency band following a rule change from the United States communications regulator. In an Oct. 19 press release, the Federal Communications Commission said it opened up the 6 GHz frequency band to “very low power devices” without needing…
Did an AI Hallucination Help Convict Fugees Rapper Pras?
Artificial intelligence is finding its way into every facet of life, including the American legal system. But as the technology becomes more ubiquitous, the issue of AI-generated lies or nonsense—aka “hallucinations”—remains. These AI hallucinations are at the center of the claims by former Fugees member Prakazrel “Pras” Michel, who accused an AI model created by EyeLevel of torpedoing his multi-million…
Advocacy groups push back against Sen. Warren linking crypto with terrorism
The Blockchain Association and Crypto Council for Innovation said Hamas had reportedly stopped using Bitcoin, as authorities could more easily track funds. Source: https://cointelegraph.com/public/index.php/news/crypto-advocacy-groups-rebuttal-links-terrorism
Advocacy groups push back against Sen. Warren linking crypto with terrorism
The Blockchain Association and Crypto Council for Innovation said Hamas had reportedly stopped using Bitcoin, as authorities could more easily track funds. Source: https://cointelegraph.com/app/public/index.php/news/crypto-advocacy-groups-rebuttal-links-terrorism