The popularity of OpenAI’s text-based artificial intelligence (AI) platform ChatGPT has reinvigorated the public’s interest in the underlying technology due to its utility in multiple areas, and one c...
Tag: Flaws
ChatGPT-4 identifies flaws in Ethereum smart contract instantly
The popularity of OpenAI’s text-based artificial intelligence (AI) platform ChatGPT has reinvigorated the public’s interest in the underlying technology due to its utility in multiple areas, and one c...
Verichains warns Cosmos, BSC, OKX projects of serious security flaws
After the discovery of multiple critical vulnerabilities, the industry-leading blockchain security company Verichains has recommended projects using Tendermint’s IAVL proof verification to take measur...
Binance Negotiates With US Regulators After Admitting Regulatory Flaws
The Chief Strategy Officer (CSO) at Binance confirms the firm had some compliance issues years after its launch in 2017. The company is now discussing with the US regulators for a possible level groun...
DeFi’s Notable Features Led to Security Flaws: FSB Report
The Decentralized Finance (DeFi) market set off to a good start in 2023. On Thursday, the crypto market surged in value, and for the first time after the FTX collapse, the DeFi total value locked (TVL...
Ripple CEO Hails Progress In Crypto Regulation Worldwide, Points Out USA’s Flaws
The evolution of cryptocurrencies from speculative investment to a new asset class has caused governments all around the world to look for ways to regulate them. Steps are being taken to make crypto a...
SpendTheBits is a Model Example Of Flaws With SEC Lawsuit, Says Deaton
The attorney again lambasts the SEC for its claims about XRP. Attorney John E. Deaton has asserted that the Bitcoin payments app based on the XRP Ledger, SpendTheBits, represents all that is wrong wit...
Lawyer Clarifies the Flaws in SEC’s Claim that XRP Is a Security
John Deaton explains the weaknesses of the SEC’s claim that XRP was a security. The lawyer presented a 2019 provision that says crypto is not a security if used for payments. Previously, the SEC chair...
Crypto Lawyer Reveals Flaws In SEC’s Confrontational Approach To Digital Assets
It is widely acknowledged that the Securities and Exchange Commission (SEC), particularly under the leadership of Chairman Gary Gensler, has a negative stance toward cryptocurrencies. John Deaton, a ...
Former FTX US President Reveals SBF’s Management Flaws
An ex-President of FTX US has revealed the reasons for his resignation from the position. He said that the inexperienced management destroyed the firm. Harrison explained that SBF had tried to block h...
Binance Says There Were Flaws In Maintaining BUSD Peg
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin....
These Major Flaws Are Weighing Down DeFi Protocol Growth
Decentralized finance (DeFi) is in the doldrums. The hype of the past couple of years has waned, and several protocols have failed to gain traction. DeFi collateral has tanked by 77.6% since its all-t...
A computer scientist who looks for expensive flaws in cypto code
Join Our Telegram channel to stay up to date on breaking news coverage Before some of the most explosive developments to affect the crypto industry last year, in the spring of 2022, an NFT artist by t...
‘Glass Onion’ Peels Back Potential Flaws In Netflix Release Strategy
Jessica Henwick, left, Daniel Craig, center, and Janelle Monáe in a scene from “Glass Onion: A … [+] Knives Out Mystery.” © 2022 Netflix, Inc. Netflix paid a reported $450 million fo...
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Industry experts are ...
Fundamental Flaws in Crypto Finance: ECB Executive Board Member.
Executive board member of the ECB, Dr. Fabio Panetta, was speaking at the “Insight Summit.” held at London Business School (LSB) He believes only central banks can provide risk-free and dependable dig...
Industry execs voice confidence in DeFi adoption despite security flaws
With decentralized finance (DeFi) being a hub for various hacks and exploits, some may feel discouraged or wary of entering the space. However, professionals within the crypto space are confident that...
NFTs minted on FTX break, highlighting Web2 hosting flaws
The FTX collapse highlighted many flaws in the crypto industry. Now, the effects of the FTX debacle have broken into the nonfungible token (NFT) space with users unable to view their FTX-hosted NFTs. ...
Defi can go mainstream if it overcomes its flaws
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds o...
Moshnake, Solana, And Harmony: Crypto Projects Addressing The Flaws Of Their Blockchain Predecessors
Blockchain technology and the cryptocurrency market have demonstrated enormous potential for streamlining traditional validation procedures. However, they still face several adoption challenges, inclu...
Cardano founder points out flaws in Ethereum and Bitcoin
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Cardano founder Charles Hoskinson has been pointing ou...
$570 Million Hack on Binance Blockchain Exposes Serious Flaws in Cryptocurrency Systems
Join Our Telegram channel to stay up to date on breaking news coverage On Friday, Binance, the largest cryptocurrency exchange in the world, announced that $570 million had been stolen in a breach of ...
Elon Musk Slams Twitter for Concealing Platform Flaws in Latest Filing
Musk also alleged that Twitter was hiding from it that the company complying with a 2011 agreement with the Federal Trade Commission regarding user data. The world’s richest man Elon Musk continues to...
Recent IMF report highlights the flaws of cryptocurrencies; rejects its sole use
The International Monetary Fund (IMF) recently published a paper titled “A Foundation of Trust“. The paper stated that central banks must harness technological innovations introduced by cryptocurrenci...
How a Tribe DAO Revote Shows the Flaws in DAO Governance
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Back in April, a lending and borrowing protocol called Rari was hacked for approximately $80 million across seven differ...
Ethereum 2.0 Aims to Address Major Flaws and Make a Huge Shift Towards Supremacy
6 hours ago | 3 mins read News Ethereum 2.0’s resource efficiency may be improved with the addition of sharding. Proof-of-work systems are notoriously inefficient, and this is intentional. The Bitcoin...
Boeing delivers first 787 Dreamliner since 2021 after manufacturing flaws
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | ...
Will you outlive your 401(k)? New rules calculating lifetime income have some flaws.
You probably have money saved up for retirement in a 401(k) plan, but do you have any idea how long that money will last? Or how much it would provide each month in retirement? Probably not — until no...
Analysts identify 3 critical flaws that brought DeFi down
The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet ...