Friday, October 30, 2020

Technology

Bitcoin Developers Still Divided on Specifics of Taproot Activation

The code for Taproot, Bitcoin’s biggest upgrade in years, is finalized and has been packaged into a forthcoming update. Only, it’s not ready to...

Overstock Touts Voatz Blockchain Voting App as Solution to US Election Fracas

Days before a U.S. presidential election marred by court fights over vote counting and partisan allegations of rampant mail-in ballot fraud, Overstock.com is once...

Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds

Decentralized finance (DeFi) protocol Harvest Finance has upped its bounty from $100,000 to $1 million for information leading to the return of $24 million...

‘Flash Loans’ Have Made Their Way to Manipulating Protocol Elections

Flash loans can be used for more than just siphoning funds out of poorly put-together decentralized finance (DeFi) protocols.That’s one lesson investors can learn...

Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage

The chief of Canada’s central bank has said its national digital currency initiative is progressing past the experimental phase.In an interview with Reuters published...

Putting Pressure on Bitcoin’s Lightning Network Vulnerabilities Will Strengthen It

The Lightning Network is a young protocol, and it’s going through some technical growing pains as its tech stack grows and its network expands....

‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever

Bitcoin mining profitability is in the basement, seeing all-time lows in 2020.Conversely, Bitcoin's hashrate has surged throughout 2020, propelled in part by mining farms...

‘Convincing’ Phishing Attack Targets Ledger Hardware Wallet Users

Customers of Ledger, the hardware cryptocurrency wallet, are being targeted by a phishing attack posing as an email from Ledger support. The fake email ostensibly...

An Internet for Humans: Proof-of-Personhood Explained

Identity is one of our most fundamental human rights. Yet, in the age of surveillance, commodification and centralization, it is under threat. Edward Snowden...

This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?”That’s the age-old question Allan Niemerg, former head of research and investments at Cumberland DRW and founder of newly...

Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

An arbitrage trade exploiting weak points in decentralized finance (DeFi) protocol Harvest Finance led to some $24 million in stablecoins being siphoned away from...

Benoit Coeure Reveals BIS Plan for CBDC Trial Starting in 2020

How things have changed since spring of 2019, when Agustin Carstens, general manager of the Bank for International Settlements (BIS), was issuing his latest...