Hackers may utilize the text prediction tool to drain a user's cash just by being able to guess the first word from the BIP 39 list, according to Redditor Andre.
DeFi
Recent Developments in DeFi DeFi, or decentralized finance, is one of the most talked-about topics in the blockchain and cryptocurrency industries right now, and it pretty much encompasses everything.
DeFi
-
Rari Capital's Fuse platform has lost around $80 million due to a 'reentrancy vulnerability,' according to a study from blockchain firm Blocsec. Fei Protocol's official Twitter account announced on Saturday that it has lost money as a result of the Rari Fuse platform exploit.
250 -
There was a lot of talk three years ago about the data included in bitcoin transactions and the amount of block size space these OP Return transactions took up. However, in recent years, the use of OP Return transactions has decreased significantly, lowering network rates to some extent.
263 -
Elon Musk is the first person to be inducted into the Ukrainian NFT Museum MetaHistory Hall of Fame, but he won't be the last. Mila Kunis, Elton John, Jared Leto, Jim Carrey, and Benedict Cumberbatch are among the other notable entrants.
386 -
Crypto operations are banned, according to the Nepal Telecommunications Authority. Websites, applications, and internet networks associated to crypto activities are prohibited from being used, operated, or administered within the country, according to the regulator.
274 -
According to reports, Cambodian authorities have yet to give a business license to a cryptocurrency company, and executing cryptocurrency-related activities in the nation is still prohibited.
195 -
A top official at the European Central Bank has compared the emergence of crypto assets to the gold rush, urging nations to take action to prevent "a uncontrolled frenzy of risk-taking." The ECB official called for a global regulatory crackdown on cryptocurrencies and increased efforts to produce central bank digital currencies while speaking in the United States.
198 -
According to the study, bitcoin confiscated in various criminal investigations and donated might be valued up to $77 million.
219 -
According to the co-director of consumer and retail policy, the financial regulator has a tendency to focus on the threats crypto poses to financial stability.
372 -
Non-crypto investments account for over 20% of the Ethereum Foundation's coffers, according to its annual report.
385