Cosmos patches ‘critical’ IBC protocol bug saving $126M

A significant security issue was identified and addressed by the Cosmos team in their Inter-Blockchain Communication (IBC) protocol. This vulnerability, as reported by a confidential source from the blockchain security industry, potentially exposed up to $126 million worth of assets to potential risk. “The vulnerability we discovered was reported exclusively to Cosmos’ HackerOne Bug Bounty … Read more

BlackRock, Grayscale have to wait for SEC’s spot ETH ETF decisions

The SEC has announced that it will postpone making decisions on BlackRock’s and Grayscale’s applications for Ether (ETH) ETFs. The SEC revealed this decision in relation to Grayscale’s application and an amendment to BlackRock’s application, both occurring shortly after the SEC delayed its verdict on Franklin Templeton’s proposed ETH ETF. The SEC’s ruling on transforming … Read more

BlackRock aware that RWAs are ‘multitrillion-dollar opportunity’ — Kinto co-founder

In the past year, there’s been a growing interest in crypto markets for tokenizing real-world assets. Traditional financial institutions have joined this trend by adopting blockchain technology and tokenization for their own investments. In a conversation with CryptoMoon Markets, Victor Sanchez and Alan Keegan, the founders of the blockchain project Kinto focusing on Realized Widely … Read more

‘I’ve moved on to other things’ — Satoshi Nakamoto’s final email revisited after 13 years

Approximately 13 years ago, the enigmatic figure behind Bitcoin’s creation, Satoshi Nakamoto, stopped engaging with the initial team of developers on April 23, 2011, opting to focus on other projects instead. Previously, Bitcoin developer Mike Hearn shared the concluding details of his correspondence with Nakamotoconcerning the complexities and technical aspects of integrating Bitcoin features to … Read more

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Block, previously called Square and now a payments company, intends to create a Bitcoin (BTC) mining setup in order to address the hurdles encountered by mining professionals. On his blog, published on April 23rd, Jack Dorsey from Block (formerly Square) shared that they had successfully developed a three-nanometer chip for Bitcoin mining. This development marked … Read more