IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to address the vulnerabilities found in traditional cold storage solutions for digital assets. Developed in collaboration with digital asset manager Metaco and tier-1 banks, OSO aims to enhance security by removing the need for manual transactions. It operates like a time-release […]
IBM has introduced a new solution called IBM Hyper Protect Offline Signing Orchestrator (OSO) to address the vulnerabilities found in traditional cold storage solutions for digital assets. Developed in collaboration with digital asset manager Metaco and tier-1 banks, OSO aims to enhance security by removing the need for manual transactions. It operates like a time-release […]
In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]
In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]
In a recent incident on Stargate Snapshot, a scammer managed to deceive over 1,000 users and make off with more than $43,000. The scam involved a phishing link embedded within a voting proposal on the Stargate Governance platform. The scammer acquired 50,000 STG tokens to gain access and create the proposal, then announced the launch […]
In a recent incident on Stargate Snapshot, a scammer managed to deceive over 1,000 users and make off with more than $43,000. The scam involved a phishing link embedded within a voting proposal on the Stargate Governance platform. The scammer acquired 50,000 STG tokens to gain access and create the proposal, then announced the launch […]
In a significant development for blockchain technology, Circle Research and Stanford’s Applied Cryptography Group have unveiled two groundbreaking open-source projects. These initiatives aim to address the persistent challenges of on-chain theft and the limitations of current blockchain-based financial systems.The CEO of Circle, Jeremy Allaire, announced the launch of these projects, emphasizing their potential to revolutionize […]
In a significant development for blockchain technology, Circle Research and Stanford’s Applied Cryptography Group have unveiled two groundbreaking open-source projects. These initiatives aim to address the persistent challenges of on-chain theft and the limitations of current blockchain-based financial systems.The CEO of Circle, Jeremy Allaire, announced the launch of these projects, emphasizing their potential to revolutionize […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
