Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns […]
Bukele and Milei Meet: Zero-Deficit Budgets, Security, and Policy Discussed
The presidents of Argentina and El Salvador, Javier Milei and Nayib Bukele, met on Monday in Buenos Aires to discuss several issues concerning the mutual problems of their countries. The meeting, attended by members of both cabinets, covered topics such as security, debt issuance, and political matters. According to local sources, Bukele told Milei that […]
TRON DAO Completes Security Assessment Conducted by ChainSecurity, Strengthening Network Integrity
PRESS RELEASE. Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve any […]
Bedrock Bolsters Security Post-$2 Million Hack, Partners With Chainlink
On Sept. 27, Bedrock, a liquidity staking platform, experienced a security breach affecting $ 2 million in liquidity. Bedrock said it has taken steps to address the incident, including integrating with Chainlink for proof of reserves and implementing additional security measures. Exploiter Addresses Identified Bedrock, a liquidity staking platform, confirmed a security incident on …
HTX Freezes Over $80K in Stolen Assets: August Security Updates
PRESS RELEASE. User safety is always HTX’s top priority. The platform is dedicated to protecting user assets and has implemented regular security reports. HTX has previously released security reports for May,June, and July. The main content of HTX’s August Security Monthly Report is outlined below, covering key areas such as account security, transaction security, and […]