Unifi Protocol DAO(UNFI)

It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed.

A few months before he bought Twitter, Elon Musk signaled that under his stewardship the microblogging platform would become a bastion of free speech. But since buying the company, Twitter has become anything but. In the latest example of Twitter’s heavy-handed censorship last week, a staggering 100,000+ accounts were reportedly either blocked or suspended simply for mentioning an aspiring crypto project, Metatime, as part of a token airdrop campaign. Twitter is one of the favorite social media platforms of crypto projects, serving as a place to share information and hold discussions with their communities. So the decision to ban over 100,000 accounts simply for retweeting and sharing messages posted by Metatime was a huge shock. Horrified by Twitter’s latest act of censorship, the crypto community sprung into action, with thousands of people sharing the hashtag #FreeMetaTime to draw attention to what happened and try to get the accounts unblocked. The #FreeMetaTime campaign was inspired by a tweet from Metatime CEO Yusuf Sevim, who appealed to Musk personally to intervene and get the locked, banned and suspended accounts back to their rightful owners. In his Tweet, Sevim explained that Metatime is a “freedom project” that has already brought hope to more than 350,000 supporters globally since its launch just six months ago. He explained how the MetaAirdrop campaign gives those people a chance to earn free MetatimeCoin ($MTC) tokens by sharing their ideas and support for the project. “Unfortunately, today, Twitter accounts of more than 100,000 users (some of them following @MetatimeCom and our other Metatime ecosystem accounts and most of them are at least 5 years old), were locked, banned, or suspended without any justified reason,” Sevim said. “Overnight, the voices of thousands of people sharing the hope of Metatime and MetaAirdrop were attempted to be silenced. Notably, this calamity struck the very morning after the day we announced our listing on the stock exchange on 26.06.2023.” Sevim said the decision to ban so many accounts isn’t just a problem for Metatime, but for everyone who uses Twitter and social media platforms. He said it raises serious questions about who determines what the boundaries of freedom of thought and expression are. “@ElonMusk, I reach out to you as a powerful businessperson, innovator, and thought leader. We ask you to defend our thoughts, our voice, and our community's right to stand together and express our ideas freely,” Sevim said. “What is being done to Metatime today might have been done to you in the past, and could be done to any free-thinking individual tomorrow.” Hello @ElonMusk, with great hope and warm regards,Metatime is a freedom project powered by Blockchain technology that, in just a short 6 months, has brought hope to more than 350,000 people worldwide, helping them forge their freedoms and futures. With MetaAirdrop, tens of… — Yusuf Sevim (@Yusuf_Metatime) June 15, 2023 Sadly for Metatime, Sevim’s tweet and a follow up post have both gone unanswered and it’s believed that many thousands of accounts still remain inaccessible to their users. Though it’s undoubtedly true that Musk is an extremely busy man and may not have seen Sevim’s tweet, his inaction stands at odds with public statements from him and Twitter’s new CEO Linda Yaccarino. In a recent memo to employees after taking up her role as CEO, Yaccarino stated that a healthy civilization needs an "unfiltered exchange of information and open dialogue about the things that matter most to us." She added that, “You should have the freedom to speak your mind. We all should.” There’s no reason to disbelieve Yaccarino’s comment, but what happened to Metatime clearly demonstrates that Twitter still has a lot of work to do if it’s too live up to those promises. In the meantime, Metatime’s co-founder Hys Sahin stated that the project will keep up the pressure on Musk and Twitter until every single blocked account is restored to its user: A heartfelt thank you to all who stood by our fellow members with suddenly blocked Twitter accounts. Your support, shown through "Free Metatime" posts, is truly remarkable,” Sahin said. “Together, we'll continue supporting one another until every account is unblocked. Thank you for being an incredible community!” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Creative writers will be rubbing their hands with glee at the prospect of acquiring one of the most limited-edition NFT collections ever launched. The Quest of Evolution has just announced the launch of The Oracle’s Verse, the first-ever “crypto novel” that enables multiple writers to contribute a short chapter to an ongoing fictional tale, adding words, images and music, before selling it on to the next contributor. The Oracle’s Verse NFTs are what’s known as “evolving NFTs” and they provide an intriguing platform for budding writers, who’ll not only get to showcase their creativity to a wide audience, but also get paid for doing so. The NFTs introduce the concept of “write-to-earn”, with all six of the digital assets in the collection providing a passive income to each previous contributor. The six NFTs, each of which follows the journey of a different character, are unfinished novels. Whoever acquires the NFT next will be entitled to add a maximum of 200 words to the ongoing story. Once they’re done, they can then sell the NFT onto the next writer, who gets to add 200 more words, and so on until infinity. It’s truly a never-ending tale, but for the writers, the fun part is the evolution of that story. They’ll have as long as they need to put their thoughts onto paper and create the next chapter, and they’ll be able to draw on the experience and creativity of previous writers through an exclusive Discord channel, should they be stuck for ideas. The Quest of Evolution said the Oracle’s Verse provides storytellers with a fresh alternative to the extremely rigid and centralized process of novel writing today. Until this NFT collection was minted, the only way for a writer to get noticed was to write a full novel by themselves, or in collaboration with a few others, then find someone to publish it. With the Oracle’s Verse, their writings will be published immediately onto the blockchain and accessible to a community of like-minded writers. So they’re guaranteed an audience. Better still, they’ll also be assured of a share of the proceeds from each future sale, as the NFT’s smart contract enforces royalty payments to all previous contributors. In this way, those who contribute one of the earliest chapters could well end up getting a very decent return on their investment.

CoreWeave, a specialized cloud provider, recently announced the successful completion of a $221 million Series B funding round. This comes after the company previously raised $50 million from lead investor Magnetar Capital in November 2021. The latest round saw contributions from major silicon design firm NVIDIA, Nat Friedman, and Daniel Gross, with Magnetar Capital taking lead. The funds raised are set for allocation for the purpose of expanding CoreWeave's cloud infrastructure for massive computational workloads such as artificial intelligence, machine learning, visual effects, rendering, batch processing, and pixel streaming. According to CEO and co-founder Michael Intrato, NVIDIA's support will prove instrumental in helping the company continue to scale its operations. Established in 2017, CoreWeave utilizes clourd technology to scale graphics processing unit (GPU) computational resources, offering solutions it claims are "35 times faster and 80% less expensive" than competitor offerings. Initially, the firm began as an Ethereum miner, using GPUs to verify transactions on the previously proof-of-work blockchain. Why the transition? The transition of companies like CoreWeave from focusing on crypto and blockchain to artificial intelligence (AI) and related technologies can be attributed to various factors, including market trends, technological developments, and the growth potential in AI-driven industries. This shift is also indicative of the increasing competition in the crypto and blockchain landscape. As more businesses and startups emerge in this space, companies that initially built their foundation in crypto and blockchain technology may find it chall;enging to maintain their edge. By diversifying into AI and other emerging technologies, they can explore new opportunities and tap into different market segments, thereby mitigating the risks associated with relying solely on the crypto market. Technological developments also play a significant role in this shift. As the capabilities of AI and machine learning (ML) continue to advance, their applications in various industries are growing exponentially. Companies like CoreWeave can leverage their existing expertise in computational resources and infrastructure, which are essential for both blockchain and AI, to cater to the growing demand for high-performance computing in AI-driven industries. "AI has reached an inflection point, and we’re seeing accelerated interest in AI computing infrastructure from startups to major enterprises,” shares Manuvir Das, Vice President of Enterprise Computing at NVIDIA. NVIDIA itself has made some harsh statements, comparing crypto to AI. Another reason for this shift is the changing landscape of blockchain technology itself. For instance, Ethereum, one of the most popular blockchain platforms, has transitioned from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) model. This change has rendered Ethereum mining unattractively less profitable, and alongside it, the use mining GPUs became unfit, affecting companies like CoreWeave which initially focused on crypto mining. CoreWeave's latest funding will facilitate the expansion of its specialized cloud infrastructure for compute-intensive workloads, including AI and machine learning, visual effects, rendering, batch processing, and pixel streaming. This strategy enables CoreWeave to deliver purpose-built solutions capable of outperforming larger, more generalized cloud providers. The new capital will also support the opening of two new U.S.-based data centers this year, bringing CoreWeave's total North America-based data centers to five. “CoreWeave’s innovative, agile and customizable product offering is well-situated to service this demand and the company is consequently experiencing explosive growth to support it. We are proud to collaborate with NVIDIA in supporting CoreWeave’s next phase of growth as it continues to bolster its already strong positioning in the marketplace," shares Ernie Rogers, COO at Magnetar. With the rise in demand for generative AI technology, CoreWeave is poised to capitalize on this burgeoning market. Its partnership with industry leaders such as NVIDIA and Magnetar Capital is key to bolstering its efforts at scaling and expansion, positioning the company to become a significant player in the rapidly evolving world of AI and cloud-native technologies. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin Doomsday: QRC and RedSense help cryptocurrencies manage the imminent threat of quantum computing advancements. The Quantum Resistance Corporation (QRC), post-quantum security experts, today announced a strategic partnership with RedSense, a leading threat intelligence and cybersecurity firm. RedSense will provide network security and management services for the QRC, and together RedSense and QRC will provide security for cryptocurrencies, as well as developers utilizing the Quantum Resistant Ledger (QRL) post-quantum secure blockchain to develop future-proof solutions. In particular, this partnership will result in a unique security program and market offering that leverages the combined expertise of RedSense and the QRC to help cryptocurrencies respond to the rapidly advancing threat of quantum computing. “The web3 space is often the site of lax security as projects, platforms and technology are often built without concern for traditional computer security processes and review. Without having a centralized authority to dictate policy, only a sufficiently advanced intelligence program such as what RedSense and the QRC provide, can provide some assurance to participants in an ecosystem that the sites and services they use have any degree of consistent security,” said Craig Clement of the QRL Community. “RedSense and the QRC are building a program that we will extend to the market to help secure all digital currency projects and reduce attacks.” Popular cryptocurrencies such as Bitcoin, Ethereum and Solana are hacked on an almost weekly basis, inflicting significant financial losses on users and further damaging the mainstream perception of cryptocurrency. In 2022, more than $3.8 billion worth of digital coins were stolen from digital asset holders, according to Chainalysis. The eye-popping losses (recent attacks on Wormhole, Binance and Ronin Network cost users between $325 million and $625 million per incident) reflect the significant vulnerabilities of decentralized finance protocols in traditional blockchain technology. “Unfortunately, we are only going to see more and more frequent attacks on cryptocurrencies and users’ digital assets,” said Yelisey Bohuslavskiy, Chief Intelligence Officer of RedSense. “The existing technology has a fundamental flaw, there are known attacks that can cause digital coins to go to zero and this will happen just as soon as a quantum computer of sufficient size is brought online. It’s functionally unfixable and we could be just three to five years from a nightmare scenario.” The QRC is a project of the Quantum Resistant Ledger (QRL), the only blockchain that utilizes a signature scheme that’s recognized by the United States National Institute of Science and Technology (NIST) as being post-quantum secure with its use of XMSS. With the QRC providing a community security program backed by RedSense technology, this partnership will enable more developers to use the QRL network to build DeFi, NFTs, DAOs, DEXs, gaming, and communications apps that are secure from post-quantum cryptography threats. About the Quantum Resistance Corporation The QRC are experts in quantum computing and post-quantum security. The QRC works collaboratively to manage the growing risk of post-quantum cryptography and grow the community of post-quantum secure developers. Learn more at https://www.theqrc.com/ About the Quantum Resistant Ledger The QRL is a distributed blockchain network and future-proof digital currency that utilizes a signature scheme recognized by the United States National Institute of Science and Technology (NIST) as being secure from post-quantum threats. Learn more at https://www.theqrl.org/ About RedSense RedSense is a threat intelligence firm that offers 360-degree visibility with internet-wide visibility through netflow analysis and human intelligence. RedSense offers clients actionable insights to secure infrastructure from the inside out and stay steps ahead of the adversary. Learn more at https://redsense.com/ Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.