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Cryptoslate

Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.

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News

CryptoSlate
cryptoslate.com > paolo-ardoino-wants-ai-agents-to-hold-tether-but-developers-are-left-on-the-hook-for-overspending

Paolo Ardoino wants AI agents to hold Tether, but developers are left on the hook for overspending

5+ day, 4+ hour ago   (1143+ words) Tether’s WDK design separates wallet access from payment approval, leaving developers to enforce the limits users expect. Tether CEO Paolo Ardoino’s vision of financial autonomy for people and machines puts a practical decision in developers’ hands: how much spending authority…...

CryptoSlate
cryptoslate.com > a-seven-year-old-blockchain-is-permanently-abandoning-its-own-network-to-seek-refuge-on-ethereum

A seven-year-old blockchain is permanently abandoning its own network to seek refuge on Ethereum

5+ day, 23+ hour ago   (474+ words) The Harmony blockchain is now proposing an Ethereum migration after deciding its independent network is no longer worth preserving. Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago. The Sept....

CryptoSlate
cryptoslate.com > solana-beats-bitcoin-on-one-key-metric-but-a-single-software-bug-could-still-take-down-the-network

Solana beats Bitcoin on one key metric, but a single software bug could still take down the network

6+ day, 1+ hour ago   (517+ words) A live reading is already 18, showing why institutions need more than one decentralization metric. ARK Invest and Glassnode have put a new number on blockchain capture risk: the smallest group of block-production entities needed to cross a protocol-relevant control threshold....

CryptoSlate
cryptoslate.com > tokens-created-out-of-thin-air-may-explain-how-320-million-in-bitcoin-left-a-sidechain

Tokens created out of thin air may explain how $320 million in Bitcoin left the Liquid sidechain

6+ day, 3+ hour ago   (529+ words) Technical accounts describe how unbacked L-BTC allegedly passed security checks, while a reported split between nodes raises questions about federation software deployment. Researchers examining the roughly $320 million Liquid Network incident have identified an alleged failure in the software’s transaction-validation cache,…...

CryptoSlate
cryptoslate.com > daos-are-forcing-crypto-protocols-to-choose-between-code-and-emergency-brakes

DAOs are forcing crypto protocols to choose between code and emergency brakes

1+ week, 1+ day ago   (1421+ words) DAOs replaced boards and executives with token holders and software, but new research suggests the machinery protecting those systems can easily rebuild the concentrations of power they were meant to escape. Compound is a crypto lending protocol governed by holders…...

CryptoSlate
cryptoslate.com > privacy-coin-flaw-risks-endless-token-creation-leaving-node-operators-with-a-deadline-in-hours-to-fix-it

Privacy coin flaw risks endless token creation, leaving node operators with a deadline in hours to fix it

1+ week, 2+ day ago   (460+ words) The Firo hard fork was 153 blocks away from activation early Friday, leaving wallet users and network operators only hours to install software that repairs an August vulnerability in the privacy coin’s Spark transaction system. The chain reached block 1,370,847 at 1:45:47 a.m....

CryptoSlate
cryptoslate.com > zero-knowledge-apps-go-dark-after-chain-upgrade-breaks-their-underlying-verification-keys

Zero-knowledge apps go dark after chain upgrade breaks their underlying verification keys

1+ week, 2+ day ago   (406+ words) The Mina Mesa upgrade stopped transaction processing for about eight hours on September 3 as the layer-1 blockchain shifted mainnet to its Mesa release. Exchanges suspended MINA transfers, while deployed zkApps now need new verification keys before they can resume proof-authorized…...

CryptoSlate
cryptoslate.com > bis-prototype-shows-why-real-institutional-adoption-on-xrp-ledger-wont-trigger-the-xrp-supply-squeeze-holders-expect

BIS shows why real institutional adoption on XRP Ledger won't trigger the XRP supply squeeze holders expect

1+ week, 3+ day ago   (787+ words) One transaction can authenticate thousands of datasets, leaving fee burn tiny even as institutional-style usage scales. The Bank for International Settlements released a working paper on Sept. 2 describing a prototype for checking the authenticity of official statistics. The system turns…...

CryptoSlate
cryptoslate.com > ontology-forces-urgent-node-upgrade-after-restarting-chain-hit-by-malicious-activity

Ontology forces urgent node upgrade after restarting chain hit by malicious activity

1+ week, 3+ day ago   (508+ words) Ontology version 3.1.5 is mandatory for compatibility, while the attack path and wider service recovery remain undisclosed. Ontology said its mainnet resumed normal operation on Sept. 2 after an emergency security pause and told every sync-node operator to upgrade to version 3.1.5. Sync…...

CryptoSlate
cryptoslate.com > tac-remains-frozen-for-over-10-days-after-a-massive-exploit-forces-a-1-26-billion-token-bailout

TAC blockchain remains frozen for over 10 days after a massive exploit forces a 1.26 billion token bailout

1+ week, 4+ day ago   (518+ words) One transaction emptied 28.6% of supply from the bonded pool, while 1.66 billion attacker-held TAC remains unresolved. The TAC network halt continues at block 24,671,475, more than 10 days after an exploit emptied the bonded staking pool. The network is an EVM-compatible Layer 1 connected…...