SEC Greenlights DTCC Experiment to Record US Securities on Certain Blockchains Using ‘Registered’ Wallets
Simply put The no-action letter permits the DTCC to create and eliminate tokenized entitlements on approved blockchains without invoking certain compliance rules related to clearing houses or systems. Participants can transfer eligible securities, including Russell 1000 stocks, U.S. Treasuries, and major index ETFs, to blockchain-based wallets depending on approved structures. As part of monitoring the […]
North Korean Hackers Utilize ‘EtherHiding’ to Store Malware on Ethereum and BNB Blockchains
Simply put Researchers from Google’s Threat Intelligence Group have identified North Korean hackers utilizing malware called EtherHiding. This malware allows for stealthy and untraceable delivery of malicious code through smart contracts. Pro-regime hackers have already siphoned off over $2 billion this year alone, largely from a hack involving the Bybit exchange. Google’s Threat Intelligence Group […]
Nation-state hackers spread malware using secure blockchains
Smart Contract Malware Insights Creating or adjusting a smart contract usually costs under $2 per transaction. This is a noteworthy reduction in both costs and efforts when compared to traditional malware distribution methods. The EtherHiding technique observed involved social engineering, particularly using fake job listings to attract targets, many of whom were developers of cryptocurrency […]
Tether abandons plan to freeze USDT on five blockchains
Tether Updates Plans for USDT on Various Chains Tether, the issuer of the stablecoin USDT, has decided not to proceed with freezing its smart contracts across five blockchain networks. They announced that while the token remains transferable, they will cease issuing or redeeming it on these platforms. This change will impact users on Omni Layer, […]
US Commerce Dept. Releases GDP Information for Bitcoin, Ethereum, and Solana Blockchains
Commerce Department Integrates GDP Data with Blockchain Networks The Commerce Department announced on Thursday its initiative to start uploading GDP data to nine different blockchain networks. They’ve entered into a partnership with decentralized oracle networks ChainLink and Pyth to incorporate U.S. macroeconomic data into the Decentralized Finance (DeFi) ecosystem and the larger cryptocurrency market. The […]
Pirate Nation CEO Predicts Thousands of Dedicated Crypto Game Blockchains – Decrypt
Amitt Mahajan, founder and CEO of Proof of Play, developer of the crypto game Pirate Nation, predicts that eventually there will be thousands of purpose-built blockchains, each supporting a separate application. This was born out of Zynga’s experience developing the viral Facebook game Farmville: At the time, Zynga was running around 64 databases just to […]