Kiwi News: handpicked crypto news for builders

Who pays for crypto hacks? Everyone forgets hacks are an invisible tax on transacting and storing value in crypto. Like shoplifting, the cost gets priced in and users pay for it. Every hack makes crypto less competitive as a network. Since 2018, crypto has lost an average of 24 bps of market cap per year to hacks. The US banking system loses 1.7 bps of deposits to fraud. That’s a 14x gap

it's kind of painful to see the devcon keynote after almost 10yrs building ethereum's OSS stack, is this what is left? where is the accountability? how are you going to inspire the next wave of strong devs? not the B players and the rent seekers? in the age of AGI? come on

If you want to help protect the decentralization of Hypersnap and tell the corporate censor captor polity who took over farcaster to fuck off, we have an open call for validators to join in the fork kickoff: https://github.com/farcasterorg/hypersna… Do your part. Protect the protocol.

It's wild that we've had to protest to protect the protocol twice in the same year First at FarCon, and now during @VitalikButerin's keynote

THE BLOCK: ZachXBT says he suspects that a large Western European financial institution was exploited for more than $133 million from CEX accounts, and that the incident is currently being covered up. He notes the lack of proper disclosure has allowed the laundering of over $30 million in stolen funds that EU authorities could have frozen.

this guy figured out how to leak your exact location from any video with sound using the Doppler curves of nearby airplanes