Apple “decided to not proceed with the proposal for a hybrid client-server approach to CSAM detection for iCloud Photos from a few years ago,” and “concluded it was not practically possible to implement without ultimately imperiling the security and privacy of our users.”… Continued
Here is another reminder that using strong entropy (randomness) for crypto wallets is a must, otherwise people are able to guess your private keys and steal all assets.
Klever Alert: External Security Incident
Multichain Bridges Experience Unannounced Outflows of Over $130M in Crypto, looks to be hacked again. There is just not a lot of safe and secure infrastructure in crypto yet, be mindful out there!
Impressive progress using an LLM to support smart contract auditors with their work.
Worth repeating: good people will be able to do more good stuff with new tools, but a fool with a tool is still a fool – they’ll just produce a lot more foolishness faster than before.… Continued
Meta is selling a VR experience while Apple is selling a device that can do anything – who’s playing the open platform game now? But also: which model will win (if any)? Jury is still out there.
I’m still tempted to get the Motorola Razr 40 Ultra when it’s available in Switzerland. I really prefer small phones, but also love the luxury of a bigger screen for all occasional game or movie.
It just seems to have found the perfect formula for this.… Continued
The SEC is done playing:
– all US assets must be managed in the US
– new wallets that only Binance US employees have access to
– US customers can still withdraw funds
This is similar to what FINMA would require from Swiss Banks. Except control would not have to be exclusively in Switzerland, under normal circumstances.… Continued
Sounds fantastic. In the middle of the SEC lawsuit, that’s either very strong by BlackRock – or an oversight by their middle management 🤷
BlackRock Filed Bitcoin ETF Application, Leveraging Coinbase Custody
Fully automated DeFi is fine as long as it’s within defined boundary conditions. Outside those, you rely on manual interventions – same as in TradFi.
Good for these folks to have a DAO process that enables this, even though it’s crude and likely wasn’t intended for this use case 🤷
BNB Chain team prepares to step in to prevent massive Venus Protocol liquidation