Danger to crypto or journalistic integrity?

[ad_1] From the very beginning, individuals making use of pseudonymous identities to protect their privacy has been an integral part of the crypto sector, however, with the market having matured a lot since the early days, the question of these practices still being morally sound has once again come to the forefront, especially in relation to projects that have achieved a certain amount of mainstream clout. In this regard, American media and entertainment firm Buzzfeed recently outed the identities of two of Bored Ape Yacht Club’s (BAYC) four founders —…

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Wormhole hack illustrates danger of DeFi cross-chain bridges

[ad_1] Solana has become one of the fastest-growing smart contract blockchain networks since it was first officially launched in March 2020.  The total value locked (TVL) on decentralized finance (DeFi) protocols on the network grew from nearly $152 million in March 2021 to $8.08 billion at the time of writing, as per data from DefiLlama. Simultaneously, the network has also been subject to several network issues and outages. Most recently, the Wormhole token bridge was hit by a security exploit on Feb. 3 that culminated in the loss of 120,000…

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