AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers.This post was originally published on this site
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s […]
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered. The company emphasized […]
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.This post was originally published on this site
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.This post was originally published on this site
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.This post was originally published on this site
ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges
While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate.This post was originally published on this site
‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so.This post was originally published on this site
USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume than its main competitor USDT.This post was originally published on this site
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn’t place too much confidence in a company holding up a proof-of-reserves audit. This post was originally published on this site