Nomad


Tech

Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret

The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero.

LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)

Videos

White-Hat Hacker Argues Stronger Incentives Needed to Patch Vulnerabilities

Hackers drained Nomad, a platform that allows users to transfer tokens between different blockchains, of nearly $200 million. A white-hat exploiter says stronger incentives are needed to reward the good Samaritans who help protocols identify and patch vulnerabilities. "The Hash" panel discusses the role of white-hat hackers in crypto.

CoinDesk placeholder image

Tech

In Praise of White-Hat Hackers, but Overreliance Is Foolish

A white hat Nomad exploiter says stronger incentives are needed to reward the good Samaritans who help protocols identify and patch vulnerabilities.

(DALL-E/CoinDesk)

Videos

Circle Invested in 2 Hacked Crypto Companies

CoinDesk’s Brandy Betz revealed Nomad and Slope, which were both victims of multimillion dollar exploits this week, are backed by Circle’s venture capital arm. “The Hash” hosts discuss the fate of the USDC stablecoin-issuer amid increased regulatory scrutiny.

CoinDesk placeholder image

Pageof 1