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Ripple CTO Details Why XRPL Prevents Any Single Entity from Owning the Chain

Ripple CTO Details Why XRPL Prevents Any Single Entity from Owning the Chain

David Schwartz says the XRP Ledger was deliberately designed to prevent Ripple or any single actor from controlling the chain. Ripple CTO David Schwartz has said that the XRP Ledger (XRPL) was deliberately designed so that neither the company nor any single entity could control it. His remarks came hours after Cyber Capital founder Justin […]

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Io.net CEO Details Recent Sybil Attack and New Security Measures

Io.net CEO Details Recent Sybil Attack and New Security Measures

Last updated: April 29, 2024 01:52 EDT | 2 min read Io.net CEO Ahmad Shadid recently disclosed details of a Sybil attack on the network, emphasizing the company’s measures to bolster security. According to a postmortem Shadid published on social media, the attackers exploited vulnerabilities to spoof GPU availability and receive rewards of the decentralized

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FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals

Nishad Singh – FTX’s former director of engineering – revealed more details about the crypto exchange’s profligate spending during his testimony at Sam Bankman-Fried’s fraud trial on Monday. Singh pled guilty to both money laundering and campaign finance violations, breaking down his involvement in the company’s over $100 million in donations to political candidates. Excessive

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