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Notional Audit

Notional Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/notional-audit/?utm_source=rss&utm_medium=rss&utm_campaign=notional-audit

Message by LEDGER’s CEO – Update on the July data breach. Despite the leak, your crypto assets are safe.

12/21/2020 | Blog posts, Security Dear Ledger clients, As you know, Ledger was targeted by a cyberattack that led to a data breach in July 2020. Yesterday, we were informed about the dump of the content of a Ledger customer database on Raidforum. We believe this to be the contents of our e-commerce database from June 2020. At the time of the incident, in July, we engaged an external security organisation to conduct a forensic review of the logs available. This review of the logs enabled us to confirm that

Our communications about the data breach and the phishing attempts

12/21/2020 | Blog posts, Security Since we discovered the data breach in July we have been as open and transparent as possible and proactive in our communications to our customers. We sent an email to our whole database, approximately 1M people on July 29th, yet only 40% opened this security notice. The same day we communicated openly and proactively to the media: The Block, Decrypt, Capital…  on social media (Twitter, Reddit and Facebook).  This data breach led to aggressive phishing attacks against our clients. We communicated heavily about it. First,

Saddle Contracts Audit

Saddle Contracts Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/saddle-contracts-audit/?utm_source=rss&utm_medium=rss&utm_campaign=saddle-contracts-audit

Ham to Improve on Yam With Latest DeFi Experiment

The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

Brave Releases Update on its Decentralized Ad Platform

In a June blog post, the team behind Brave, the open-source browser known for its privacy and unique advertising model, published a straw version of one of its research initiatives. The initiative is an ad platform called ‘THEMIS.’ Themis is a decentralized and private-by-design protocol that aims to improve upon the current Brave ad ecosystem. This new protocol comes with numerous potentially attractive features. According to Brave, it will give users anonymity, it’s decentralized, it requires zero trust, and provides auditability. On August 17, the team published part two of

Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble. A bug discovered in the rebasing contract meant inflation in YAM token minting. Yam Rescue, Take Two: Migration Yam Finance announced the proposal for the migration via a blog post on its Medium page on Friday. According to the statement issued, the move, if approved, will

Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short

The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project.With less than five hours to go, Yam is only a third of the way towards the 160,000 tokens required.A code bug discovered earlier today in one of Yam Finance’s smart contracts sent the hottest thing in DeFi into a tailspin as it scrambles to find a fix through its decentralized governance system.The project posted an update outlining the issues and making a plea to

Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg