Category: IM
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Apple didn’t get it to work
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
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Entropy
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!
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Fool with a Tool
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 Device
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.
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Razr again
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
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Local Control
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 fundsThis is similar to what FINMA would require from Swiss Banks. Except control would not have to be exclusively in Switzerland, under normal circumstances.… Continued
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BlackRock Bitcoin ETF
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 -
Limits of DeFi
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