On March 22nd, Google issued an emergency security update for its Chrome browser as 3.2 billion users were potentially at risk of being attacked. This update highlighted a single security vulnerability that could have a big impact on everyone, but specifically crypto users. Not much is publicly known at this stage about CVE-2022-1096 other than…
Sales of non-fungible tokens (NFTs) reached a record $25 billion in 2021. However, signs in the data of slowing growth towards the end of the year point to concerns. Repeated media reports of hacking, theft — and, perhaps most pressingly, fraud — haven’t helped. As the example of impersonation of comic book artist Derek Laufman…
Maple Finance is a protocol that is becoming a staple for many institutions across crypto. Maple allows accredited institutions such as hedge funds or market makers to access to undercollateralized loans. This is a unique primitive so far in DeFi that allows certain parties to borrow crypto assets without having to initially lend funds. (Add…
When Russia invaded Ukraine, large numbers of people from around the world immediately pledged their support to the country under siege, donating their time and money to the cause. However, not many of their initial attempts were successful. Some fundraising pages for the country, such as Patreon, were removed for no apparent reason. Anyway, this…
This surge in NFT sales can partly be attributed to the increased demand for crypto art and collectables. According to Fortunly, there were more than 11 million NFT art sales over the whole of last year. In fact, 2021 even saw Christie’s and Sotheby’s host their own NFT art auctions – which is credited with…
Recent years have widened the conversation around cryptocurrencies and NFTs and the awareness surrounding digital assets is growing in line with widespread adoption. At the same time, retail investors have flooded the many online trading platforms that are now available, wishing to participate in financial markets which had traditionally only allowed access to a limited…
Few industries are as competitive as international travel. An innumerable array of airlines, hotels, and tourist agencies vie for the custom of would-be vacationers, each trying to outdo the other in the features they offer. Payment options are key to this, with rich rewards for companies that are willing to innovate. It’s little surprise, then,…
In 2021 it became clear that the cryptocurrency industry will not be able to avoid regulation. To some extent, the supervisory authorities of almost all leading countries have paid attention to the developing market. The legal status of cryptocurrencies varies significantly in different jurisdictions. While certain states are waging fierce wars with cryptocurrencies and tightening…
The NFT sector has seen several problems since it emerged which made a lot of people concerned that NFTs are not as safe as previously thought. However, the problem does not lie with NFTs themselves. NFTs are actually smart contracts, and these contracts are subject to vulnerabilities. In their essence, smart contracts are just code,…
Crypto markets have experienced highly volatile months, even by crypto’s standards. The year began with rising inflation shortly followed by the Russian and Ukraine war, causing Bitcoin’s price to retrace significantly from the $50k level at which it stood by the end of 2021. This recent series of events have impacted the mining industry in…