One of the more exciting applications of decentralized computing that have aroused a considerable amount of interest in the past year is the concept of an incentivized decentralized online file storage system. Currently, if you want your files or data securely backed up “in the cloud”, you have three choices – (1) upload them to
A crypto hack targeting a firmware flaw in the Coldcard Bitcoin hardware wallet has drained at least 1,367 BTC, worth approximately $86M at current prices, from more than 4,500 cold storage addresses across three waves of attacks. The exploit never required physical access to a single device; it rebuilt private keys from scratch using mathematics.
Proof of Attendance Protocol, commonly known as POAP, is winding down after more than five years, co-founder Isabel Gonzalez announced on Aug. 3. Summary POAP is winding down after more than five years, co-founder Isabel Gonzalez announced publicly Monday. Nearly 7.6 million POAP badges were minted by more than 46,000 issuers before closure plans. Existing
how ethereum could shard the web Given the state of our 25-year old web and all the problems inherited from legacy 1970’s systems design, we should pause and take inventory of those components which are fundamentally broken and would offer a substantial return on development investment. Intersecting this concern with security, privacy, and censorship resistance,
The CLARITY Act remains stuck in the Senate after the White House reportedly failed to respond to a bipartisan ethics proposal, pushing its 2026 passage odds back down to 27%. Summary The White House has not responded to the Tillis-Gallego ethics counterproposal. Polymarket traders give the CLARITY Act a 27% chance of becoming law this
A supervising U.S. FBI agent who worked in intelligence at the national headquarters has been arrested and accused in a federal court filing of stealing more than $1 million in cryptocurrency. The high-level special agent, identified as Patrick Steven Yarmoch, allegedly turned himself in to agency colleagues, reporting that he dug crypto keys from FBI
One of the more interesting long-term practical benefits of the technology and concept behind decentralized autonomous organizations is that DAOs allow us to very quickly prototype and experiment with an aspect of our social interactions that is so far arguably falling behind our rapid advancements in information and social technology elsewhere: organizational governance. Although our
Mastercard has completed its acquisition of stablecoin infrastructure provider BVNK, bringing on-chain payment technology into its global network. Summary Mastercard finalized the up to $1.8 billion acquisition first announced in March. BVNK connects fiat and blockchain networks for payments, settlement, payouts, and treasury flows. The deal expands Mastercard’s ability to support stablecoins and tokenized assets
Development of Ethereum has been progressing increasingly quickly this past month. The release of PoC5 (“proof of concept five”) last month the day before the sale marked an important event for the project, as for the first time we had two clients, one written in C++ and one in Go, perfectly interoperating with each other
Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the next bull run. Strategy (MSTR) on Monday revealed that it had sold 1,638 Bitcoins for
