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CertiK, a cryptocurrency security auditing firm that was recently embroiled in a dispute with Kraken after it hacked the exchange, has now been accused of running a ‘bug bounty’ program that was collecting vulnerabilities for various platforms rather than having security researchers submit those vulnerabilities directly to businesses.  Today I was contacted by OpenBounty (@ShentuChain) to add their platform to Web3 Bug Bounty alerts. Never heard about them before so I decided to investigate as it seemed a bit sus 1/6 — h0wl (@h0wlu) June 25, 2024 The accusations center around ‘OpenBounty,’ operated by Shentu Chain. Shentu Chain used to be known as ‘CertiK Chain,’ which was operated by the CertiK Foundation. Archived versions of the CertiK Foundation website make it clear that it was founded by Fonghui Gu and Zhong Shao, both of whom are still listed as co-founders of CertiK. Besides these obvious connections between the entities, others ha...

Binance Academy, the arm of Binance dedicated to cryptocurrency education, has teamed up with BNB Chain, the largest layer-1 blockchain platform, to introduce an innovative online course titled BNB Chain Developer Specialization, according to the information shared with Finbold on March 25.  The aim of the initiative is to provide new Web3 software with the skills necessary to foster growth in the realms of Web3, cryptocurrency, and technology. The program is a result of the growing demand for proficient Web3 developers and a desire to cultivate a larger pool of talent capable of driving innovation within the industry.  Picks for you What’s going on with Australian dollar vs. US dollar (AUD/USD)? 13 mins ago AI predicts XLM price for end of 2024 16 mins ago How much will Xiaomi's upcoming car cost? 2 hours ago Ripple v. SEC case update: Crucial XRP briefing filed 2 hours ago No prior knowledge of any of the blockchain fundamenta...

The accelerator will invest between $50,000 and $250,000 per project that builds on TON and has an MVP. On May 22, The Open Network (TON), a layer-1 blockchain previously created by Telegram, announced the launch of a $25 million fund for projects building on its ecosystem.  The venture, dubbed “TON Accelerator Program,” will invest between $50,000 and $250,000 per project and be accompanied by partnerships and mentorships from TON’s staff. Justin Hyun, head of incubation and growth at TON Foundation, commented: “Funding forms part of our local hubs rollout strategy and our ecosystem will work to attract new developers as well as successful repeat founders, based across a variety of key global locations.” The initial pool of recipients for the funding will be geared toward projects that participated in a recent TON hackathon, with investment particularly focused on incubating decentralized finance, or DeFi, projects. In addition to having the prerequisite of building on TON, project...