Secure Your Assets: Eliminate Admin Keys to Make DeFi Truly Trustless

• Smart contracts are a code facilitating automation and decentralization in the world of decentralized finance.
• Admin keys can be embedded into smart contracts, which puts all users at risk by granting creator or team control over it.
• Ensuring admin keys no longer exist is the next major frontier to conquer in DeFi in order to make it truly trustless.

The world of decentralized finance has enabled users to transact and invest without the need for an intermediary. This is possible due to smart contracts, which are a code that facilitates automation and decentralization. The concept of “admin keys” can be embedded into these smart contracts, which grants creators or teams control over the contract. This leaves users at risk, as these admin keys allow the creator or team to adjust small bits or change the whole content to something less positive. Therefore, it is crucial to ensure that admin keys no longer exist in order for decentralized finance to be truly trustless.

In order to make this a reality, developers and users must work together to create a secure and reliable environment. Developers must ensure that the code they create is secure and that any admin keys they create are limited in scope. Additionally, users must be proactive in checking the code and making sure that any admin keys are not present. This way, users can be confident that their assets and investments will remain safe and secure.

Furthermore, it is important to educate users on the risks of admin keys and the importance of checking the code. By understanding the risks, users can make informed decisions and be able to identify when admin keys are present in a smart contract. Additionally, users should also be aware of the different platforms and protocols that have been designed to protect against admin keys. Finally, developers should also be encouraged to create code that does not contain admin keys, and if admin keys are present, to make sure that their scope is limited.

In conclusion, admin keys in smart contracts put users at risk, and it is crucial to ensure that these keys no longer exist in order for decentralized finance to be truly trustless. By working together, developers and users can create a secure and reliable environment, and help to educate users on the risks of admin keys.

FTX Uncovers $415M Hack in $5.5B Crypto Asset Recovery

• FTX identified a $415 million crypto hack as part of the $5.5 billion worth of digital assets for recovery.
• The exchange’s new CEO, John Ray III, announced that $1.7 billion in cash and $3.5 billion in liquid crypto were recovered.
• FTX is also attempting to recover a $2.1 billion Binance repurchase payment, in addition to the $415 million ‚hack‘ sum.

FTX, a once-prominent crypto exchange, recently announced the uncovering of a $415 million hack as part of assets recovered to pay off creditors. In a statement, the exchange’s new CEO, John Ray III, said it took extensive investigative efforts from the team to achieve this revelation.

The announcement comes on the heels of the exchange’s filing for bankruptcy in November. At the time, FTX had a reported $5.5 billion worth of digital assets in its possession, many of which were lost in the hack. In a statement, Ray noted: “We are making important progress in our efforts to maximize recoveries, and it has taken a Herculean investigative effort from our team to uncover this preliminary information.”

In addition to the $415 million hack, FTX is also attempting to recover a $2.1 billion Binance repurchase payment. According to the exchange, the payment was intended to be used to purchase more digital assets in order to increase the size of its trading platform.

In addition to the two recoveries, FTX also revealed that it had recovered $1.7 billion in cash and $3.5 billion in liquid crypto. In addition, the former second-largest crypto exchange in the world also recovered $300 million in liquid securities.

With the discovery of these assets, FTX is now closer to being able to satisfy its creditors and begin rebuilding its platform. The exchange is currently in the process of negotiating with creditors in order to reach a settlement. In the meantime, FTX has implemented a number of measures to ensure its customers’ funds are safe and secure.

At this point, it is unclear how much FTX will be able to recover and how long it will take to reach a settlement with its creditors. However, with the uncovering of these assets, the exchange is one step closer to being able to make a full recovery.

Considérations de Confidentialité des DApps

Les DApps sont des applications décentralisées qui s’exécutent sur un réseau blockchain. Elles offrent aux utilisateurs une vaste gamme de services et de fonctionnalités, ce qui en fait des outils puissants et pratiques. Cependant, les DApps comportent des risques liés à la confidentialité, et il est nécessaire de prendre des mesures pour garantir une confidentialité adéquate de manière à protéger et à sécuriser les données des utilisateurs.

Dans cet article, nous allons examiner les considérations de confidentialité des DApps et discuter des moyens de protéger les données des utilisateurs. Chez Bitcoin Trader, nous prenons la confidentialité des données des utilisateurs très au sérieux et nous nous efforçons de veiller à ce que les données des utilisateurs soient toujours protégées et sécurisées.

Les DApps Expliquées

Les DApps sont des applications décentralisées qui s’exécutent sur un réseau blockchain. Elles sont conçues pour être sécurisées et offrent une grande variété de services et de fonctionnalités aux utilisateurs. Les DApps ne font généralement pas appel à des serveurs centraux, ce qui signifie qu’elles ne peuvent pas être contrôlées par une seule entité. Les DApps sont conçues pour fonctionner sur des réseaux distribués, ce qui les rend plus difficiles à pirater ou à manipuler que les applications traditionnelles.

Les DApps et la Confidentialité

Les DApps peuvent être une excellente solution pour les personnes qui souhaitent conserver leur confidentialité, car elles offrent une plus grande sécurité et confidentialité que les applications traditionnelles. Toutefois, les DApps ne sont pas sans risque. Les données des utilisateurs sont susceptibles de fuites, et il est important de prendre des mesures pour protéger ces données.

Les Données à Protéger

Lorsqu’il s’agit de la confidentialité des DApps, il est important de comprendre ce qui doit être protégé. Les données personnelles des utilisateurs doivent être protégées, ainsi que toute autre information confidentielle et privée. Cela comprend les informations de paiement et les informations de compte, ainsi que toute autre information qui pourrait être utilisée à des fins malveillantes.

Le Stockage des Données

Les DApps sont conçues pour stocker les données sur des réseaux distribués, ce qui les rend plus difficiles à pirater ou à manipuler. Cependant, cela ne signifie pas que les données des utilisateurs sont à l’abri des risques. Il est important de s’assurer que les données sont stockées de manière sécurisée et cryptée, afin de garantir leur confidentialité.

Les Protocoles de Confidentialité

Les DApps peuvent utiliser des protocoles de confidentialité pour sécuriser les données des utilisateurs. Ces protocoles peuvent être conçus pour empêcher les tiers non autorisés d’accéder aux données des utilisateurs, et peuvent également être conçus pour assurer la confidentialité des transactions. Les protocoles de confidentialité peuvent également être utilisés pour sécuriser les communications entre les utilisateurs et les DApps.

Les Données des Utilisateurs

Les DApps doivent prendre des mesures pour protéger les données des utilisateurs. Cela peut inclure le chiffrement des données, la limitation de l’accès aux données aux seules personnes autorisées, et la mise en œuvre des protocoles de confidentialité décrits ci-dessus. Les DApps doivent également être conçues pour empêcher les utilisateurs de divulguer leurs informations personnelles ou confidentielles.

Les Protocoles de Protection des Données

Les DApps peuvent également mettre en œuvre des protocoles de protection des données afin de garantir la sécurité des données des utilisateurs. Ces protocoles peuvent inclure des mesures telles que le chiffrement des données, la limitation de l’accès à certaines données, et la mise en œuvre de politiques de sécurité strictes.

Les Outils de Sécurité

Les DApps peuvent également utiliser des outils de sécurité pour protéger les données des utilisateurs. Ces outils peuvent inclure des logiciels anti-virus et anti-spyware, des systèmes de détection des intrusions et des systèmes de gestion des identifiants. Ces outils peuvent aider à garantir que les données des utilisateurs restent sécurisées et confidentielles.

Conclusion

Les considérations de confidentialité des DApps sont importantes car elles peuvent aider à protéger les données des utilisateurs et à assurer la sécurité des transactions. Les DApps peuvent mettre en œuvre des protocoles de confidentialité, des protocoles de protection des données et des outils de sécurité pour garantir la sécurité des données des utilisateurs.

Veröffentlicht unter DApps

Stripe Receives 2nd Valuation Cut In 6 Months, Lays Off 1,120 Employees

• In reaction to the current market outlook, Stripe has laid off as many as 1,120 of its workers.
• Stripe has received its second valuation cut in 6 months, with the latest valuation pegging the company’s internal value at $63 billion after an 11% cut in its share price.
• The valuation was done through a third-party estimation using 409A price change under the rules that are put in place by the Internal Revenue Service (IRS).

In November last year, Stripe, an Irish-American financial services and SaaS company, made a difficult decision to lay off 1,120 of its workers in reaction to the current market outlook. This was a sign that the fintech ecosystem was yet to recover from the underlying strain in the sector across the board, and now, 6 months later, Stripe has received its second valuation cut.

The latest valuation pegs the company’s internal value at $63 billion after an 11% cut in its share price, as reported by The Information. Unlike publicly listed companies whose valuation can easily be showcased through their market capitalization, the case is different for private outfits like Stripe. Rather than depend on the market capitalization of its stock, private entities get valued after a funding round or through a third-party estimation using a benchmark of factors.

In the case of Stripe’s recent valuation cut, no funding was raised, and the estimation was done through the 409A price change. This valuation from 409A is done by third parties under the rules that are put in place by the Internal Revenue Service (IRS).

The 409A price change is a method of estimating the fair market value of a private company’s common stock, and the IRS requires companies to use this method for estimating the value of their private stock for tax purposes. This method looks at various factors like comparable companies, competitive market analysis, industry performance, and subjective factors such as the company’s future prospects.

Stripe’s second valuation cut in 6 months is indicative of the tough market conditions that have been created by the current global health crisis. While the fintech sector is slowly recovering, companies like Stripe are still feeling the effects of the pandemic. It remains to be seen how the company will be able to navigate these uncertain times.

Xiaomi-Backed Lidar Startup Hesai Technology to Launch US IPO Next Week

• Xiaomi-backed lidar startup Hesai Technology is planning to file for a US initial public offering (IPO) next week.
• The financial details of the IPO have not been disclosed, but Hesai could raise about $150 million through the IPO.
• Hesai Technology is a global leader in lidar technology for autonomous driving and ADAS, founded in 2014.

Xiaomi-backed lidar startup Hesai Technology is looking to make waves in the US by filing for an initial public offering (IPO) next week. Founded in 2014, Hesai Technology is a global leader in lidar technology for autonomous driving and ADAS. It empowers robotics and elevates lives through high-performance, highly reliable, and cost-effective sensing solutions.

The financial details of the IPO have yet to be disclosed, though sources familiar with the situation have stated that Hesai could potentially raise as much as $150 million through the IPO. Hesai is being advised by several notable financial services companies, including Credit Suisse Group AG (SWX: CSGN), Goldman Sachs Group Inc (NYSE: GS), and Morgan Stanley (NYSE: MS).

If Hesai is able to complete all the necessary steps on time, it may be the first Chinese company to launch an IPO in the US this year. The company’s lidar technology is considered to be at the forefront of the autonomous driving and ADAS industry, and this IPO could provide the company with the necessary capital to continue its growth and progress.

The company’s lidar systems use multiple sensors to measure distances and angles at a high rate of speed, allowing autonomous vehicles to make real-time decisions and accurately maneuver in their environment. The technology also provides high-resolution images, making it possible to classify objects and detect obstacles.

It will be interesting to see how Hesai’s IPO progresses throughout the coming weeks. With the company’s cutting-edge lidar technology, it has the potential to become a major player in the autonomous driving and ADAS industry. If the company is successful in raising the desired amount of capital, it could push the boundaries of autonomous driving and further revolutionize the industry.

Increased Physical Activity Linked to Lower Risk of Death in Heart Failure Patients

Bulletpoints:
• A new study has found that increased physical activity can reduce the risk of death in people with heart failure
• The research involved analyzing data from over 1.3 million participants
• Those with heart failure who were more physically active had a lower risk of death than those who were less active

A recent study conducted by researchers at the University of Oxford has found that increased physical activity can reduce the risk of death in people with heart failure. The study, published in the European Heart Journal, analyzed data from over 1.3 million participants and found that those with heart failure who were more physically active had a lower risk of death than those who were less active.

The researchers tracked the physical activity levels of the participants over a period of six years, and found that those with heart failure who were more active had a 7% lower risk of death than those who were less active. The study also found that those with heart failure who exercised for at least 30 minutes three times a week had a 16% lower risk of death than those who were inactive.

The researchers concluded that physical activity can be an effective way to reduce the risk of death in people with heart failure, and that even moderate levels of physical activity can have a positive impact. The study also highlighted the importance of monitoring physical activity levels in heart failure patients, and encouraged further research into the effects of physical activity on mortality rates.

In summary, a new study conducted at the University of Oxford has found that increased physical activity can reduce the risk of death in people with heart failure. The research analyzed data from over 1.3 million participants and found that those with heart failure who were more physically active had a 7% lower risk of death than those who were less active. Additionally, those who exercised for at least 30 minutes three times a week had a 16% lower risk of death than those who were inactive. The findings of the study suggest that physical activity is an effective way to reduce the risk of death in people with heart failure, and highlight the importance of monitoring physical activity levels in heart failure patients.

Microsoft Betting Big On The Metaverse To Revolutionize Businesses

• Microsoft and Metaverse firm Touchcast have collaborated to create the Fiat model.
• Microsoft Chief Strategy Officer Henry Bzeih claimed that the world is heading towards a more profound virtual arena.
• Microsoft is working on mobility cross-functionality to help customers shop more conveniently.

American multinational technological corporation Microsoft (MSFT) has high hopes for the metaverse in the future. In a talk recently, Microsoft Chief Strategy Officer Henry Bzeih claimed that the world is gradually moving towards a more profound virtual arena, with a hybrid prototype being the next big step in customer and corporate relations. This revelation comes after Microsoft’s collaboration with Metaverse firm Touchcast, which resulted in the production of the Fiat model.

Bzeih has had a long career in the automotive and technology-related space, and has claimed that the discussion on the customer experience and feedback must include the utility of the metaverse. He went on to explain how Microsoft is currently working on mobility cross-functionality, which is designed to help customers shop more conveniently. For example, customers no longer have to go to a local dealer to buy a car; instead, they can simply change the car’s appearance through the platform and purchase it without taking any extra effort.

Bzeih also believes that this type of technology will improve customer-business relationships, as it will allow customers to interact with businesses remotely and in a virtual space. This type of technology is also expected to revolutionize the way businesses operate, as they will be able to increase their customer base and provide more efficient customer service.

Microsoft is also planning to use the metaverse to create virtual events and conferences, which will allow businesses to collaborate and network with people around the world. Additionally, Microsoft is also working on other projects, such as the Holoportation project, which will enable virtual reality conferencing.

Microsoft is betting big on the metaverse, and it is expected that the technology will be integrated into the various aspects of people’s lives in the near future. It is believed that this type of technology will bring about a new era of customer-business relationships and improve the way businesses operate.

Sony and Honda Unveil Joint Electric Car Afeela at CES

• Sony and Honda have announced the prototype of their joint electric car initiative Afeela at this year’s Consumer Electronics Show (CES).
• The four-door sedan will begin shipping to North America in 2026 and pre-orders will start in 2025.
• The electric automobile will combine staple elements from both Sony and Honda in its functionality.

Sony and Honda have announced the unveiling of their joint electric car initiative Afeela at this year’s Consumer Electronics Show (CES). The four-door sedan drove onto the stage as Sony CEO Kenichiro Yoshida explained the company’s mobility outlook. He noted that Sony looks to build vehicles that have autonomous functionality and can transform into “moving entertainment spaces”.

The Afeela is a midsize sedan-looking car that will be produced at one of Honda’s manufacturing plants. It will combine key elements from both Sony and Honda in its functionality. This includes the latest autonomous driving technology developed by Sony, as well as a range of advanced safety features from Honda.

The electric car will begin shipping to North America in 2026 and the first pre-orders will take place in 2025. Sales of the car will also start that same year. It is expected to be a popular choice for consumers, given the combination of features from both Sony and Honda.

Both Sony and Honda believe that the Afeela is the perfect example of their commitment to developing environmentally-friendly vehicles. The car also has an impressive range of up to 250 miles (400 km) on a single charge. This is thanks to the battery technology developed by Sony, which is capable of recharging quickly and efficiently.

The Afeela is an exciting development for both Sony and Honda, and it is likely to be a popular choice for consumers when it begins shipping in 2026. It combines the best features from both companies, and is expected to become a leader in the electric car market.

DOJ Seizes $465M of Sam Bankman-Fried’s Robinhood Stock in Fraud Case

• The United States Department of Justice (DOJ) is reportedly preparing to seize and liquidate Sam Bankman-Fried’s (SBF) 56 million Robinhood Markets Inc (NASDAQ: HOOD) shares, valued at approximately $465 million.
• The DoJ believes SBF engaged in a year-long fraud business that cost investors and customers billions of dollars.
• A hearing has been set for October in the US court where SBF has pleaded not guilty to fraud charges.

The United States Department of Justice (DOJ) is reportedly moving to seize and liquidate Sam Bankman-Fried’s (SBF) 56 million shares of Robinhood Markets Inc (NASDAQ: HOOD), valued at approximately $465 million. This follows allegations that SBF was engaging in a year-long fraud business that cost investors and customers billions of dollars.

According to media outlet Reuters, US attorney Seth Shapiro told US Bankruptcy Judge John Dorsey – who is overseeing the FTX bankruptcy – that SBF’s stake in Robinhood are the proceeds of the fraud business. As such, the United States attorney believes the $465 million should be seized and shared between FTX stakeholders, including BlockFi.

The case is set to be heard in a United State court in October, where SBF has pleaded not guilty to fraud charges. Experts believe that SBF will be fighting a steep legal battle, as the DoJ has already begun to build its case against him. In December, SBF filed an affidavit in an Antigua court, which outlined his purchase of approximately 7.42 percent of HOOD stock via Emergent Fidelity Technologies Ltd, using funds borrowed from Alameda Research.

The case is likely to be closely watched by Robinhood’s shareholders, as well as the investment community at large. If the DOJ is successful in its efforts to seize SBF’s shares, then it could have a significant impact on the company’s stock price. In the meantime, SBF’s legal team is likely to be doing its utmost to build a strong defense for the upcoming hearing.

Gold Prices Surge to Six-Month High, Analysts Predict Record High in 2023

• Gold prices have surged to a six-month high and analysts predict further growth in the coming year.
• The surge is attributed to a combination of macro and microeconomic factors such as market turbulence, increasing recession expectations, and a rise in gold purchases from central banks.
• Ole Hansen, head of commodity strategy at Saxo Bank, has projected that gold prices will reach record highs in 2023.

The price of gold has been on a steady rise in recent months, and analysts are predicting a further surge as 2023 begins. On Tuesday, spot gold reached a six-month high of just shy of $1,850 per troy ounce, before easing off to trade at $1,834 per ounce late morning in Europe. Meanwhile, US gold futures were trading up 0.72% at $1,839.40 by 6 am Eastern Time.

The recent surge in gold prices is attributed to a combination of macro and microeconomic factors, such as market turbulence, increasing recession expectations, and a rise in gold purchases from central banks. Echoing analyst projections that gold price will attain record highs in 2023, Ole Hansen, head of the commodity strategy at Saxo Bank, commented: “In general, we are looking for a price friendly 2023 supported by continued stimulus measures, a weak US dollar, and a low real yields environment.”

Hansen added that gold remains attractive in the current market environment due to its low correlation with other assets and its ability to hedge against inflation. Furthermore, the investment bank’s commodity strategist noted that gold’s volatility is likely to remain at relatively low levels, allowing for more sustained appreciation in prices.

In addition to these macroeconomic factors, gold prices have been further bolstered by a rise in speculative trading. According to the World Gold Council, the amount of gold held by investors has risen by 6% over the past three months. At the same time, the SPDR Gold Trust, a gold-backed exchange-traded fund, has seen its holdings increase by 4.7 million ounces since the beginning of November.

Overall, the outlook for gold prices in 2023 remains positive. Analysts anticipate that further stimulus measures, a weak US dollar, and a low real yields environment will continue to provide a supportive environment for gold prices. Furthermore, the increase in speculative trading is likely to further buoy prices. As such, it appears that gold is set for further gains in the coming year.