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Monday’s $4 million attack on the Cover Protocol, a decentralized insurance service, sent my mind to that classic nursery rhyme, There Was an Old Lady Who Swallowed a Fly. You know, the one where an unfortunate woman keeps eating ever larger animals to catch the previously swallowed animal.  Decentralized finance faces a similar problem with...
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This week saw more exchange drama rock the crypto markets.  OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.”  Coming hard on the heels of...
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South African president Cyril Ramaphosa’s despatch of envoys to Zimbabwe in a bid to defuse the latest crisis, in which the government has engaged in a vicious crackdown on opponents, journalists and the freedoms of speech, association and protest, has been widely welcomed. Such has been the brutality of the latest assault on human rights...
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