Showing only posts tagged CryptoCurrency. Show all posts.

Binance blockchain suffers $570 million hack

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Enlarge / CHINA - 2022/07/25: In this photo illustration, the cryptocurrency exchange trading platform Binance logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) (credit: SOPA Images ) Hackers have stolen around $570 million in tokens from Binance, in a rare …

Responsible Disclosure for Cryptocurrency Security

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Stewart Baker discusses why the industry-norm responsible disclosure for software vulnerabilities fails for cryptocurrency software. Why can’t the cryptocurrency industry solve the problem the way the software and hardware industries do, by patching and updating security as flaws are found? Two reasons: First, many customers don’t have …

On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

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Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space. Nothing in that letter is out of the ordinary, and is in line with what I wrote about blockchain in 2019 …

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