Technology

Fidelity Digital Assets, a subsidiary of Fidelity Investments, has responded to some of bitcoin’s most frequent criticisms, suggesting clarity is needed amid heightened interest in the cryptocurrency. In a blog post on Thursday, Director of Research Ria Bhutoria said she was addressing persistent “criticisms and misconceptions” about the cryptocurrency. These include whether bitcoin is too
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Apple’s most recent update, Big Sur, makes a feature that logs device activity for offline (and online) applications practically impossible for privacy solutions to bypass.  The monitoring is yet another example of Apple’s privacy-compromising design choices, despite the company’s efforts to present itself as a privacy ally. VPNs and other firewalls cannot circumvent the feature. 
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Uniswap community members are scrambling to update yield farming rewards for the automated market maker’s (AMM) native token UNI as the initial liquidity mining program sunsets on Nov. 17. A governance vote for continuing farming on the same four asset pairs – WBTC/ETH, USDC/ETH, USDT/ETH and DAI/ETH – was proposed by Audius strategy lead Cooper
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Borrowers can close debt positions on lending platform MakerDAO under the 150% collateral minimum with this one simple trick. A loophole in MakerDAO’s collateralized debt positions (CDPs) market, discovered by Israel-based startup B.Protocol, enables CDPs to be closed far more leniently than the system intends due to a small oversight in the auction market, according
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As media outlets waited to announce a winner until the Saturday following the election day, calls for how blockchains would have made this process easier emerged, most prominently perhaps by  Changpeng Zhao, CEO of Binance, as well as Vitalik Buterin, who added that, though there are technical challenges, the call for a blockchain-based, mobile voting
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“One billion Dai in circulation is a huge milestone and a powerful validation that people around the world want more access, more transparency and more opportunity to maximize their economic potential,” Rune Christensen, MakerDAO’s founder, told CoinDesk through a spokesperson. Supply actually increased by $30 million at one point today, the MakerDAO Foundation confirmed, though
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Axelar, a decentralized protocol designed by the founding members of Algorand to allow cross-blockchain communication, has raised $3.75 million in seed funding. Announced Thursday, the round saw participation from investors including Binance X, the investment arm and accelerator of cryptocurrency exchange Binance, as well as San Fransisco-based venture capital firm DCVC (Data Collective). Other participants
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Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements (BIS). In an interview with French newspaper L’Express published on the BIS website Friday, Coeure acknowledged that central banks had been resting on
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Since 2011, $7.6 billion worth of cryptocurrencies have been stolen, according to a new report from Amsterdam-based blockchain analytics firm Crystal Blockchain. The total figure breaks down into two sadly predictable buckets – hacks and scams.  The report found that $2.8 billion was stolen through security breaches, the most popular breach being via a cryptocurrency exchange’s
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When it comes to solving the so-called “oracle problem,” or the way blockchains are connected to outside data sources, we can do better. So says API3, a firm building a transparent methodology for marrying blockchains to the APIs of data providers, which really means providing an alternative to Chainlink, the decentralized oracle service with something
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The Takeaway: The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two. The split resulted from a code change that was surreptitiously inserted into a previous Geth update and activated today; some Ethereum node operators ignored the update, which ironically
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The Ethereum blockchain network suffered issues Wednesday morning, with knock-on effects at related service providers [updated]. In a service announcement soon after 08:00 UTC, Ethereum infrastructure provider Infura said it is experiencing a service outage for its Ethereum mainnet API and it was investigating the issue. Infura provides API access to the Ethereum network for other
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