Posts

Showing posts with the label financial technology

The solution to crypto’s Lazarus problem could be simpler than expected

In just over 18 months, North Korean hackers, including the infamous Lazarus group, have used the same “hijacked multisig” technique to steal over $1.75 billion worth of crypto, a figure dwarfing all other losses in the sector over the same period. There may be a solution, however, and it’s simpler than one might think. A thread posted to X by veteran security researcher Daniel Von Fange, until recently of Origin Protocol, suggests adding a step to the typical multisig workflow. The change would insert a surprisingly simple sanity check on any approved action, to be ratified between signing and execution. North Korea hijacking multisigs is now the biggest loss category in crypto hacks. After talking with teams and building three prototypes, I think I know the next security layer in fixing this, and it requires less from signers, not more. 1/14 pic.twitter.com/0MrfseOXvp — Daniel Von Fange (@danielvf) August 19, 2025 Read more: Radiant Capital’s ...

Ripple (XRP) Advances in US Banking & Launches Ripple Payments Europe

Image
A huge banking innovation in Ripple and XRP has finally presented itself and that is making a difference in the current approach of traditional financial institutions of digital assets. The US banks were allowed to provide the crypto custody services by the Federal Reserve, the FDIC, and the OCC in terms that are historically unprecedented since they all agreed on regulation change. In tandem with this growth, Ripple Payments are going live in Europe only adding to the presence of the business in the European Economic Area with the speed of institutional acceptance increasing both sides of the Atlantic. This update of the banking system is not only about alteration in the policy, it is the dawn of XRP becoming a part of the mainstream financing structure. Also Read: Historic XRP Glitches Expose Vulnerabilities in 2025 and Beyond Ripple XRP Banking Moment Drives Institutional Adoption & EU Expansion Source: happycoin.club Federal Regulators Greenlight Crypto Custody Services The re...