Ledger recently announced a new service called "Recover" which is designed to help you recover your seed phrase in case of emergencies. The problem is, the method for doing this is splitting your seed into three shards and sharing them with third parties over the internet. This breaks the fundamental argument for having a hardware wallet as a cold wallet in the first place and leaves the door open for hackers to potentially use these same channels to extract the private keys from a device. Wh...

Ledger recently announced a new service called "Recover" which is designed to help you recover your seed phrase in case of emergencies. The problem is, the method for doing this is splitting your seed into three shards and sharing them with third parties over the internet. This breaks the fundamental argument for having a hardware wallet as a cold wallet in the first place and leaves the door open for hackers to potentially use these same channels to extract the private keys from a device. Wh...

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Non-Fungible Tokens (NFTs) were notNFT Finance PlatformsArcade.xyzNFTfi.comNFTfi is a peer to peer lending protocol. This means that each loan agreement is between two indivdiuals that agree to a deal. Person A lists their NFT as collatral and other place bids offering a value in either WETH or USDC with a percentage interest rate. The NFT holder can then select from a range of offers and accept the most appropriate for them. Once a loan starts it is locked in for the full period of the loan ...

Non-Fungible Tokens (NFTs) were notNFT Finance PlatformsArcade.xyzNFTfi.comNFTfi is a peer to peer lending protocol. This means that each loan agreement is between two indivdiuals that agree to a deal. Person A lists their NFT as collatral and other place bids offering a value in either WETH or USDC with a percentage interest rate. The NFT holder can then select from a range of offers and accept the most appropriate for them. Once a loan starts it is locked in for the full period of the loan ...

The Metadata debate is going to be an ugly one. Who has the right to change it and when? Goblins recently updated all images to an offensive alternative and plans to airdrop new versions. What if your goblin was on display for a big event today and you’re left with this?https://twitter.com/truth/status/1645850073392349184Or what if your goblin was your PFP and you suddenly find yourself sweating at your followers? They weren’t exactly the most family friendly brand but this could have real im...

The Metadata debate is going to be an ugly one. Who has the right to change it and when? Goblins recently updated all images to an offensive alternative and plans to airdrop new versions. What if your goblin was on display for a big event today and you’re left with this?https://twitter.com/truth/status/1645850073392349184Or what if your goblin was your PFP and you suddenly find yourself sweating at your followers? They weren’t exactly the most family friendly brand but this could have real im...