According to Cointelegraph, ScaleBit, a subsidiary of security auditor BitsLab, has identified a potential vulnerability in Uniswap's Web3 wallets that could jeopardize all stored assets. The issue reportedly allows attackers with physical access to bypass authentication mechanisms and directly access the mnemonic phrase stored on the device. This phrase, also known as a seed phrase, is a critical component that provides full control over a wallet's assets from any device. ScaleBit highlighted that anyone with access to an unlocked device could retrieve the wallet's mnemonic phrase in under three minutes. Alarmingly, this vulnerability persists even in the latest version of the app. As a precaution, ScaleBit advised Uniswap Wallet users to avoid lending their devices to others until the issue is resolved. Uniswap representatives have not yet responded to requests for comment, and Cointelegraph has not independently verified the vulnerability. In related news, the cryptocurrency sector saw a significant increase in losses due to cybersecurity exploits in 2024, with a 40% rise compared to the previous year, totaling approximately $2.3 billion. This increase was largely attributed to access control breaches, particularly in centralized exchanges and crypto custodians, as noted by Deddy Lavid, co-founder and CEO of security firm Cyvers. Mnemonic phrase compromises are a common type of access control breach. Despite the overall rise in losses, the final months of 2024 saw a decline in crypto scams, exploits, and hacks. December recorded the smallest amount stolen, with blockchain security firm CertiK reporting $28.6 million in known losses, compared to $63.8 million in November and $115.8 million in October. Similarly, blockchain security firm PeckShield noted a 71% decrease in hack losses in December, amounting to $24.7 million. These figures suggest a potential improvement in security measures towards the end of the year.

Tether has announced that it's ready to move to El Salvador after receiving its Digital Asset Service Provider (DASP) license. The post Tether is ready to move to El Salvador appeared first on Protos. source: https://protos.com/tether-is-ready-to-move-to-el-salvador/

The outgoing Biden admins displeased the entire tech sector. Can the new administration correct course? The post Can US Export Restrictions Lead to the End of the AI Boom? appeared first on Tokenist. source: https://tokenist.com/can-us-export-restrictions-lead-to-the-end-of-the-ai-boom/?utm_source=rss&utm_medium=rss&utm_campaign=can-us-export-restrictions-lead-to-the-end-of-the-ai-boom

Attackers with physical access to a user's device may be able to see the wallet's seed phrase, the security firm said. source: https://cointelegraph.com/news/bitslab-flags-uniswap-wallet-vulnerability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Tron founder Justin Sun executed over $320 million in Ethereum (ETH) and staking token transfers to HTX within 24 hours, even as the crypto market experiences a sharp downturn. The post Justin Sun Moves $320M in Ethereum as Crypto Market Faces Pressure appeared first on Cryptodnes. source: https://cryptodnes.bg/en/justin-sun-moves-320m-in-ethereum-as-crypto-market-faces-pressure/

With the market caught between greed and fear, the next few days could be decisive. source: https://ambcrypto.com/bitcoin-why-greed-vs-fear-will-be-the-trading-decision-to-shape-q1/

MicroStrategy SEC filings show the company paid an average price of approximately $95,972 for the latest addition to its Bitcoin reserves. source: https://decrypt.co/300669/microstrategy-buys-243-million-more-bitcoin

null source: https://x.com/Bitcoinsensus/status/1878846073839722769

شهدت عملة البيتكوين BTC انخفاضاً حاداً، متراجعةً إلى ما دون حاجز 90 ألف دولار، مما أدى إلى عمليات تصفية واسعة في سوق العملات الرقمية. حيث يأتي هذا التراجع بعد بداية مخيبة للآمال في أسواق الأسهم الأمريكية، مما زاد من حدة موجة البيع. ما هي أسباب تراجع عملة البيتكوين؟ بيانات اقتصادية سلبية: أثرت المؤشرات الاقتصادية الأخيرة […] source: https://arabeum.net/%d9%85%d8%a7-%d9%87%d9%88-%d8%b3%d8%a8%d8%a8-%d8%a7%d9%84%d8%a7%d9%86%d8%ae%d9%81%d8%a7%d8%b6-%d8%a7%d9%84%d9%85%d9%81%d8%a7%d8%ac%d8%a6-%d9%81%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%a8%d9%8a%d8%aa/

Russia has seen a sharp rise in Bitcoin mining activity as citizens and businesses turn to crypto mining for additional income streams, local media outlet Prime reported. According to the report, the demand for industrial Bitcoin mining equipment in Russia has tripled compared to the same quarter in 2023. This surge coincides with a lucrative […] The post Russia’s Bitcoin mining demand triples... source: https://cryptoslate.com/russias-bitcoin-mining-demand-triples-amid-regulatory-shifts-and-price-rally/

The primary market crypto asset side and the secondary market funding side in Hong Kong have not yet fully seen the light of day and urgently need further promotion and resolution.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Nvidia CEO: “AI agents are a multi-trillion dollar opportunity.”

The Ethereum Pectra upgrade is expected to be implemented in the first quarter of 2025.

By integrating AI and blockchain technology, intelligent agents will promote comprehensive innovation in finance, efficiency, and user experience in the crypto field, and are expected to lead the future development direction.

Recommended readings tonight: 1. The road to crypto adoption: where will the next 100x opportunity appear? 2. The impact of the US election is not yet fully understood and is not priced in Bitcoin; 3. Clarify the three major concepts of DeFAI, DeSci and DePIN in one article;

The incident of actor Wang Xing being deceived and taken to Myanmar has attracted widespread attention on the Internet. A screenshot of the chat record has been widely circulated on social media. The group name in the screenshot is "Fufu Special Group, Demanders Deposit 14000u"

Whatever the future of quantum computing holds, it’s bound to be an interesting and disruptive path.

The “killer app” for cryptocurrencies may well be the dollar itself. Far from undermining the dollar’s ​​hegemony, blockchain technology has created a digital infrastructure that consolidates it.

A new documentary about Donald Trump has just been released, and the name of the documentary is called "Art of the Surge." The documentary is produced by Justin Wells, a veteran producer and longtime collaborator of right-wing commentary and Trump ally Tucker Carlson.