Money Reimagined: Fixing the Internet’s Big Flaw
In an age when data leads to economic domination, shifting control is a really impactful way to empower individuals.
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Here is a reality check for all the Bitcoin naysayers, the most widely used conventional electronic payment system – credit/debit cards are not really as secure as we had earlier thought. A serious protocol level flaw exposed by a couple of German security experts bares it all. It is not just the security flaw one has to be concerned about, but also the banks’ apathy towards fixing it! A recent report carried by well-known Russian media channel, Russia Today describes the serious security flaw in POS terminals. According to Karsten Nohl, one of the security experts from the Berlin based....
Sushi. Yams. Hot dogs. DeFi memes may be a joke, but they point to how money is always created: community storytelling. Plus: a new podcast.
Reimagined Finance (ReFi) is a DeFi-as-a-Service platform on the Ethereum network that is on a mission to make farming rewards accessible to all. We decided to find out more about what it is they doing. So, we asked them a few questions and here’s what they had to say. Q: Let us start with the […]
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.
Bitcoin hardware wallet Coldcard is fixing a flaw that could trick users into sending bitcoin on the mainnet when they meant to use its testnet.