Author: 0knmk
DeFi Protocol Sushi's CTO Warns of Possible Exploit
Decentralized finance (DeFi) protocol Sushi has reportedly been hit by a front-end exploit, with the company’s CTO issuing a warning about an industry-wide exploit related to a “commonly used” web3 connector. Source link
Fagilde’s trapdoor spider rediscovered in Portugal after disappearing for 92 years
Fagilde’s trapdoor spider was rediscovered in northern Portugal Sergio Henriques/Re:wild An elusive species of trapdoor spider has been spotted again in a small village in Portugal after a 92-year disappearance. Fagilde’s trapdoor spider (Nemesia berlandi) was first described in 1931, after entomologists found a pair of females just outside the tiny northern Portuguese village of…
H&R Block launches AI tax filing assistant
Tax prep company H&R Block released a new conversational AI chatbot that answers taxpayer questions. AI Tax Assist, accessed through paid versions of H&R Block’s DIY tax software, lets users ask questions on tax rules, possible exemptions, and other tax-related issues. It also points people to a human tax expert for more personalized advice, though…
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA Among Its Clients
“The crypto spot market is really dominated by players which do not really fulfill the very high requirements of a regulated participant,” CEO David Riegelnig said in an interview. “Primarily, the mix of functions that so-called crypto exchanges typically do, which makes them much more of a broker than actual exchange, was what triggered us…
Threads launches for nearly half a billion more users in Europe
The company’s delay in launching the service in EU countries has been widely blamed on the bloc’s recent introduction of the Digital Markets Act, a sweeping piece of legislation that’s designed to rein in Big Tech abuses and level the playing field. Although Meta hasn’t named the regulation directly, Instagram head Adam Mosseri blamed the…
Basel Committee Proposes Changes to Criteria Giving Stablecoins Preferential Risk Treatment Among Crypto Assets
However, cryptos with “effective stabilization mechanisms” qualify for “preferential Group 1b regulatory treatment.” This means stablecoins can be subject to “capital requirements based on the risk weights of underlying exposures as set out in the existing Basel Framework,” instead of the tougher requirements set for bitcoin and the like. Source link
Denon PerL Earbuds Review: Cool Idea, Imperfect Execution
They’ve also got an extra two hours of battery, with eight hours of playback time instead of six hours in the standard pair. Both pairs offer three extra charges in their respective charging cases. That said, the cheaper model is pretty well stocked for its price point, with options like a volume limiter and gain…
OFAC Accepts $1.2M Fine from Crypto Exchange CoinList to Settle Allegation of Russia Sanctions Violations
“This enforcement action further emphasizes the importance for virtual currency companies and those involved in emerging technologies to incorporate risk-based sanctions compliance into their business functions, especially when the companies seek to offer financial services to a global customer base,” OFAC said in a media release. Source link
Tesla Is Recalling Nearly All Vehicles Sold in US to Fix an Autopilot Fault
Tesla is recalling more than 2 million vehicles, nearly all of the vehicles it has sold in the US to date, to fix a flawed system designed to make sure drivers are paying attention when they use Autopilot. Rather than physically recalling vehicles, documents posted today by the US National Highway Traffic Safety Administration (NHTSA)…
Cardano’s ADA Jumps 17% as Value Locked on Cardano DeFi Ecosystem Reaches $450M
The total value locked (TVL) of all Cardano-based projects jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April. Most growth seemingly occurred over the past week, with lending protocol Indigo and on-chain exchange Minswap seeing their TVL surge by over 50% to nearly $100 million…