Security firm Trail of Bits posted a report on potential vulnerabilities that can allegedly affect the Bitcoin (BTC) and Ethereum (ETH) blockchain. Called “Are Blockchains Decentralized?”, the report ...
Tag: Flaws
ViaBTC Capital | Reasons Behind Solana’s Frequent Downtime: Design Flaws in the Gas Economy
What is the gas fee? In the blockchain world, the gas fee is a fee that users have to pay to the blockchain network for each transaction. For example, when a user makes a transfer on Ethereum, miners ...
BIS: Crypto’s ‘Structural Flaws’ Make It Unsuitable as Basis for Monetary System
A new report from the Bank for International Settlements (BIS) concludes that crypto’s “structural flaws” make it “unsuitable as the basis for a monetary system.” The Ann...
Ripple Claims SEC Is Attempting to Conceal Its Flaws from Public Criticism
Ripple has fired off a three-page response to the SEC’s submission of proposed redactions to the SEC’s letter opposing Movants’ motion to file an amicus brief regarding one of the SE...
There’re a Few Fatal Flaws in Sen Lummis’ Crypto Bill
Following years of lack of regulatory clarity, the US authorities finally received a bill proposition that aims to shed some light on how the local watchdogs could oversee the cryptocurrency industry....
Terraform Labs Co-Founder Dismissing Allegations Regarding Fraud: Says Had No Idea Of Any Flaws
Daniel Shin, co-founder of Terraform Labs, denying all the fraud allegations, said that the company had no clue about any flaws in the algorithm of the blockchain. Shin is among the most acclaimed te...
What happened? Terra debacle exposes flaws plaguing the crypto industry
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in...
The Workarounds for the Fatal Flaws
MasterChef has certain flaws that can be fixed during use, but only if the users are aware of them and what they can do. Here’s the workaround, according to Gleb Zykov and Vlad Korovnikov of HashEx....
Boeing Looked for Flaws in Its Dreamliner and Couldn’t Stop Finding Them
For years, Boeing and the Federal Aviation Administration handled 787 Dreamliner deliveries as though the perfect was the enemy of the good. The FAA allowed the plane maker to deliver the wide-body je...
UK watchdog identifies major flaws in how challenger banks tackle financial crime risks
Following a recent investigation by the Financial Conduct Authority (FCA), it was discovered that several challenger banks had major flaws in their financial crime controls and that they need to enhan...
Hardforks: Answer to the flaws faced by Crypto assets, and why they should be implemented.
General Introduction of what Hardforks are. Mechanism of how Hardforks work and how they solve the problems faced by Crypto Assets. What are some Hard Forks of Crypto Assets like Bitcoin? A general un...