A bug in three major cryptocurrency wallets let scammers dupe people with double-spent Bitcoin, allowing unconfirmed transactions to count in a user’s total wallet balance.
Unreliable Bitcoin Wallet BalancesThe technical gap makes it possible for attackers to trick users of vulnerable Bitcoin wallets into believing that they had received Bitcoin, even if the transaction wasn’t confirmed.
As Ethereum attracts more and more precious Bitcoin into its network, Ripple is attempting something quite similar. The results, however, appear far from convincing.
Balancer Labs is one of the most talked-about DeFi projects in the space, and for good reason.
It ties up several key components from open finance while improving upon many of these components. It is also one of the more complex projects and poses unique dangers to novice DeFiers.
IDEX became popular in 2016 as the place for projects to list first. Currently, IDEX is among the top decentralized exchanges by volume, users, and transaction count.
Compound users have voted to change the rules around the distribution of the platform’s COMP token, which will ensure that markets are more evenly utilized.
The change is part of Compound’s governance proposal #11.
How Does Compound’s Proposal Work?Compound allows investors to earn interest by locking up their cryptocurrency in specific markets.
Bitcoin’s institutional detractors often harp on the digital asset’s lack of cash flows and use in facilitating illicit activity as reasons to steer clear. Here’s why they’re wrong.
Evaluating Criticism of BitcoinInstitutional critics love to highlight Bitcoin’s lack of cash flows and its role in money laundering and use in darknet markets. According to a recent investor call, Goldman Sach’s wealth management division holds a similar view.
“CanCan,” a decentralized alternative to TikTok, is aimed at demonstrating the capabilities of Dfinity’s software platform.
Lawyers are expected to accept Bitcoin for their services in the near future, according to the DC Bar association. The trend follows the growing mainstream acceptance of cryptocurrency as a method of payment.
Curv, a crypto-security provider for institutional investors, has announced a $23 million Series A funding raise, with investments from CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8, and Digital Garage Lab Fund.
Curv Set to Drive Institutional and Crypto-Native DemandCurv will use these funds used to continue its international growth, product innovations, and hiring top talent.
CoinGecko, the world’s leading independent cryptocurrency data aggregator, has pioneered another initiative with the latest update of its Trust Score algorithm by incorporating Hacken’s CyberSecurity Score.
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