Crypto pioneer David Chaum says web3 is ‘computing with a conscience’

David Chaum is a giant in the realm of computer security and, not surprisingly, cryptocurrency. His focus since the early 1980s, his company DigiCash sent the first digital payment in 1994, and he has since doubled down on blockchain and security. Chaum and his new company, xx.network, are future-proofing messaging by releasing the first “quantum-resistant” […]

2FA compromise led to $34M Crypto.com hack

Crypto.com shared new details about a recent hack on its platform last weekend in a statement on its website today, saying 483 of its users were affected and that unauthorized withdrawals of over $15 million worth of ETH, $19 million worth of BTC, and $66,200 in “other currencies” occurred. The total losses, worth over $34 […]

Crypto.com CEO admits hundreds of customer accounts were hacked

Crypto.com CEO Kris Marszalek said around 400 customer accounts have been compromised in a hack in an interview with Bloomberg TV on Wednesday. His confirmation of the breach comes after multiple Crypto.com users alleged their funds had been stolen – complaints that had until now been met with vague responses from the company.  While Marszalek […]

Web3 ‘Proof of attendance’ startup raises $10M to mint shared memories as NFTs

If blockchains are immutable records of our digital history, what kinds of history do we want to inscribe on them? Predictably, most records thus far have been transaction data, but as entrepreneurs expand their ambitions for NFTs, startups are aiming to tie those asset transactions to real world events and interactions. POAP, which stands for […]

Register today for DeFi and the Future of Programmable Money Summit

Yes, money makes the world go around, but touch-and-feel currency controlled by banks is so 2008. Cryptocurrency aims to be the decentralized future of finance, and that’s why we’re excited to announce DeFi and the Future of Programmable Money on March 30, 2022. This free, one-day virtual conference presents the leading experts in crypto. They’ll […]

Block’s Cash App adopts Lightning Network for free bitcoin payments

Late last year, Twitter CEO Jack Dorsey stepped down from his position in order to give his full attention to his other company Square, now called Block, which had become increasingly invested in blockchain technology and cryptocurrency — just like Dorsey himself. Now we’re starting to see the results of Block’s embrace of crypto, as […]