Blockchain Security
Vitalik Buterin warns of crypto risks outside blockchain
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Ethereum co-founder Vitalik Buterin has issued a stark reminder about the vulnerabilities of cryptocurrencies when managed beyond the blockchain. He highlighted that while on-chain assets are protected from majority validator collusion, this security evaporates with off-chain involvement.
T3 financial crime unit reaches $300 million in frozen assets
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The T3 Financial Crime Unit, backed by Tether, Tron, and TRM Labs, has frozen $300 million in tainted funds in its first year. Launched to address stablecoin activity on Tron, the initiative has gained global recognition for combating financial crimes. It highlights industry-led efforts in blockchain security through public-private collaborations.