In a significant advancement for the decentralized finance (DeFi) sector, Solayer has announced the launch of its native stablecoin, Solayer USD (sUSD), on the Solana blockchain mainnet. This new asset stands out as it combines stability backed by United States Treasury bills with yield opportunities, marking a critical enhancement in the stablecoin landscape. Solayer, famed for its restaking capabilities, offers
The recent 24-hour period has seen a significant spike in cryptocurrency liquidations, totaling a staggering $224 million and involving over 64,350 traders. This massive liquidation event has largely been influenced by Bitcoin, which continues to be a dominant force in the cryptocurrency market. As Bitcoin recently retested the $71,000 price level, a drastic shift from its all-time high of $73,750
As 2024 approaches its end, enterprises across various sectors are increasingly eager to utilize their data within generative AI applications that enhance both internal (employee-facing) and external (customer/partner-facing) processes. However, ensuring these processes are secure poses a significant challenge, particularly for companies without an integrated focus on security. The existing security frameworks in many enterprises often fall short of the
Hitachi Solutions has launched a comprehensive Web3 development package aimed at enterprises. This initiative, revealed on October 29, includes services ranging from staff training to the creation and commercialization of Web3 platforms. It begins with introductory classroom training about Web3 and progresses through business consultations, use case development, and infrastructure support. The package is designed to assist organizations at various
Solana (SOL) has recently emerged as a standout performer in the cryptocurrency market. In October, Solana achieved an impressive 15% gain, outpacing both Bitcoin and other prominent altcoins. As it currently trades around $180, market enthusiasts are eyeing a potential rally that could propel it towards the $200 mark and beyond. However, it’s crucial to recognize that various key metrics,
A groundbreaking partnership has been formed between Yape, a leading digital wallet in Peru, and TerraPay, a global money movement company, with the aim of enhancing digital financial inclusion in Peru. This collaboration will allow users within the TerraPay global network to send international money transfers directly to Yape users. By facilitating immediate and seamless access to funds, this initiative
A significant security flaw has been detected in Arcadyan routers due to the participation of the Wi-Fi Test Suite, a tool devised by the Wi-Fi Alliance for certification testing, in production devices. This vulnerability, identified as CVE-2024-41992, exists specifically in the FMIMG51AX000J model and allows attackers to perform command injection attacks, granting them complete administrative control over affected routers. The
A recently discovered vulnerability in the LiteSpeed Cache plugin for WordPress has raised significant security concerns, considering it is installed on over 6 million sites. The flaw, identified as CVE-2024-50550, involves issues with the plugin’s role simulation feature, which, under certain conditions, allows unauthorized visitors to gain administrator-level access. This vulnerability is particularly worrisome because of the weak security hash
In a strategic move to bolster its innovation and product offerings, Mastercard has announced two significant acquisitions in Q3. Recorded Future, a cybersecurity intelligence platform, and Minna Technologies, a subscription management service provider, are now part of the Mastercard ecosystem. These acquisitions underscore Mastercard’s proactive approach to integrating advanced technologies and services to enhance its product solutions. This strategy is
As the fiscal year draws to a close, many organizations are finding themselves with leftover learning and development funds that are typically “use them or lose them” in nature. INE Security has launched a proactive initiative aimed at helping companies make the most of these unused budgets by channeling them into comprehensive cybersecurity and networking training programs. Apart from avoiding
In today’s rapidly evolving digital landscape, cybersecurity threats have become far more sophisticated and frequent, posing significant challenges for organizations worldwide. The recent spate of data breaches and malicious cyberattacks has exposed glaring vulnerabilities in many companies’ defenses, raising urgent questions about their readiness to counter these persistent threats. With hackers becoming more advanced in their methods, the need for
WordPress, recognized for its dominance in the content management system (CMS) arena, gains immense popularity due to its extensive plugin ecosystem. These plugins, while substantially enhancing functionality and user experience, have also become primary targets for security vulnerabilities. Recent incidents involving the LiteSpeed Cache plugin have triggered renewed concerns about WordPress plugin security flaws and their potential threats to millions
