Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He […]
Bitcoin’s 61-Day Streak Above $60K Threatened, $271M in Liquidations as BTC Nears Critical Threshold
Bitcoin prices experienced a notable decline on Tuesday, dropping more than 2% against the U.S. dollar in the last 24 hours, following a 7.8% decrease over the previous week. Global trading volumes on spot crypto exchanges have remained subdued, and in the past day, derivatives exchanges saw $ 271 million in both short and …
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $ 126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments …
Blockchain Sleuth Warns About Unrevealed ‘Critical Flaws’ in Ethena
Tardfiwhale, a pseudonymous blockchain sleuth who predicted the fall of Luna and UST, has warned about critical flaws in Ethena, a rising blockchain synthetic dollar stablecoin protocol. Tardfiwhale is asking for donations to certain entities before revealing these alleged flaws, as Ethena has no bug bounty program. ‘Critical Flaws’ Present in Ethena According to Pseudonymous […]
Bricks 1.9.6.1 Patches Critical RCE Vulnerability
First disclosed by security researcher Calvin Alkan of snicco, the vulnerability impacts all versions of Bricks Builder before version 1.9.6.1. Identified as a Remote Code Execution (RCE) flaw, it poses a critical security risk, allowing attackers to potentially gain unauthorized control over websites running on an affected version of Bricks. What is …