The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history.
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
How to protect against crime in the metaverse
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement.
Developers seek solutions for Web3-related scams from internet browsers
A new suite of tools for Web3 businesses targets the safety and security of transactions, websites and smart contacts to combat exploits.
Judge dismisses proposed class action suit alleging Coinbase securities sales
The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts.
Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.
LayerZero bridging protocol denies accusation of ‘critical vulnerabilities’
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SEC settles on security claim in LBRY case, community calls it a big win for crypto
SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November last year, but judges made it clear that the judgment was only for the direct sale.
Polkadot restates its case that DOT has ‘morphed’ away from security status
The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security.
Ankr exploit victims group alleges the company only reimbursed them 50%
The group claims they are being discriminated against because they are liquidity providers for rival coins.
What are hierarchical deterministic (HD) crypto wallets?
A hierarchical deterministic wallet uses a single seed to create an infinite number of addresses, allowing users to recover funds using a master key.
SEC leaked crypto miners’ personal information during investigation: Report
The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation.
App-specific blockchains remain a promising solution for scalability
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How to keep your crypto safe in 2023: a few tips from an analyst
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DeFi-type projects received the highest number of attacks in 2022: Report
A new Web3 security report from Beosin revealed that of the 167 major security exploits DeFi projects saw the most, at 113 attacks.
Using blockchain technology to combat retail theft
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Polkadot (DOT) Inks 10% Rally In Last 7 Days, Makes Case As ‘Non-Security’ Asset
Polkadot (DOT) is riding a solid bullish momentum that enabled it to stay in the green for the past 24 hours and maintain significant gains in the last seven days.
According to tracking from Coingecko, at the time of writing, DOT is changing hands at $4.69, tallying a weekly hike of 10%.
Moreover, the 13th largest cryptocurrency in terms of market cap has managed to trim its 30-day losses down to just 11.4% although it is still several miles away from its all-time high value of $54.98%.
Holders, though, need to be cautious as some of its technical indicators show that Polkadot’s surge might be short-lived.
DOT might soon experience strong selling pressure as indicated by its Relative Strength Index (RSI) which is currently hovering at the 50% region.
DOT No Longer A Security
Although there’s a lot of uncertainty in DOT’s future as far as trading price is concerned, it would seem that the crypto asset has put itself in a very good position to avoid being choked by strict regulations that threatens the broader crypto space.
Following the collapse of the FTX exchange platform that made investors lost a lot of money and the continued proliferation of crypto scams, analysts expect that international governments will soon bring the hammer down to better regulate ownership, selling, buying, trading and use of cryptocurrencies.
Polkadot, however, could be safe from this looming threat as according to Web3 Foundation, the altcoin is no longer considered as a security but more like a software.
In addition, the team behind the project have been proactively working with the U.S. Securities and Exchange Commission (SEC) for a more sensible regulation. In doing so, DOT might have just saved itself from this market landscape-changing development.
Polkadot Price Forecast
As there is no clear timetable yet for the enforcement of additional regulations for the crypto space, DOT investors need to turn their focus first on what awaits the digital asset in the days to come.
According to Coincodex, Polkadot’s price is poised slightly increase within the next five days as the digital currency is forecasted to change hands at $4.73.
The 30-day forecast for the altcoin is also bullish as it is predicted to make a significant jump from its current trading value all the way up to $6.26.
-Featured image: Coin Guru
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Balancer warns some LPs to remove liquidity ASAP because of a ‘related issue’
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Indonesia to launch national crypto exchange in 2023: Report
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