Consensys unknowingly outsourced developer work to North Korean

Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.

Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.
An Ethereum Working Group consisting of wallet developers, security firms and the Ethereum Foundation’s Trillion Dollar Security Initiative today launched an open standard designed to end blind signing — a structural flaw that has contributed to billions in user losses, including the Bybit hack. Ethereum Foundation’s Trillion Dollar Security Initiative is taking an active role…
In a wide-ranging conversation on CoinDesk Spotlight, Schultz laid out a view of Meta’s future in which agentic commerce is not a product category but an inevitability. “We think it might be the next tier of business for our entire company,” he told host, Sam Ewen. The Agentic Economy Is Already Here, But It’s Unevenly…
Knaken, a prominent Dutch cryptocurrency exchange, has been declared bankrupt by a Rotterdam court. The ruling comes after €7 million worth of customers’ funds vanished, according to prosecutors’ allegations. In late June, the prosecutors received a warning about what was described as a “very concerning situation” at the company. Airbnb’s Brian Chesky Breaks Silence on Crypto…
Current global shifts clearly signal a critical need for shared, neutral digital public infrastructure outside the control of any single centralized actor. As a public, programmable network designed to operate without reliance on any single party, Ethereum was built to address precisely these needs. Today, the Ethereum Foundation Global Policy Strategy (GPS) team is publishing…
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Technology is everything that doesn’t work yet.” — Danny Hillis The world’s first webcam was an inadvertent hit. Computer scientists at a University of Cambridge lab, to avoid the disappointment of walking to the kitchen only to find their communal coffee pot…
In brief Jesse Pollak is handing leadership of the Base App back to Coinbase while remaining head of the Base blockchain. Pollak said Base’s emphasis on on-chain social and creator coins was a strategic mistake. The network will now prioritize trading, payments, and AI agents. Jesse Pollak is stepping back from leading the Base App,…