Unconventional analysis of two major decentralized finance projects, based on Ethereum and EOS, which recently went through the same storm.
“The fact that an OECD country is recognizing BTC as a ‘fungible’ asset is progress — a wake-up call to banks, institutional investors, regulators that Bitcoin is here to stay.” — Dan Schatt.
The first time I laid eyes on a cold blockchain wallet, I was stunned. It wasn’t just the novelty of blockchain technology that shocked me, but the inherent vulnerabilities of wallets currently on the market. Where others saw secure pieces of equipment capable of safely storing millions of dollars in digital assets, I saw HSM formats, USB, ethernet cables, QR codes, and SD cards. In other words, I saw weak points that hackers could use to penetrate the wallets’ defenses, including WI-FI and bluetooth connections that made the notion of “air-gapped” computers laughable.
Security researchers revealed a new flaw that could allow cybercriminals and hackers to steal sensitive digital secrets from Intel’s SGX.