web3security

"Dusk Network: Pioneering Privacy in the Blockchain Era"
Dusk Network by @Dusk is at the forefront of blockchain privacy, leveraging cutting-edge zero-knowledge proofs to empower developers to build highly secure, confidential decentralized applications (dApps) and enable seamless, private transactions. The $DUSK token fuels this innovative ecosystem, incentivizing secure data handling, compliance, and privacy-preserving interactions across Web3. With its scalable, privacy-first architecture, Dusk Network is set to transform how enterprises and individuals manage sensitive data, offering robust tools for confidential smart contracts, decentralized finance (DeFi), and more. By combining advanced cryptography with enterprise-grade performance, Dusk Network ensures data protection and regulatory compliance, positioning itself as a leader in the next generation of blockchain technology. Explore how Dusk’s groundbreaking solutions can revolutionize your approach to data privacy and discover developer resources #dusk #BlockchainPrivacy #Web3Security

"Dusk Network: Pioneering Privacy in the Blockchain Era"
Dusk Network by @Dusk is at the forefront of blockchain privacy, leveraging cutting-edge zero-knowledge proofs to empower developers to build highly secure, confidential decentralized applications (dApps) and enable seamless, private transactions. The $DUSK token fuels this innovative ecosystem, incentivizing secure data handling, compliance, and privacy-preserving interactions across Web3. With its scalable, privacy-first architecture, Dusk Network is set to transform how enterprises and individuals manage sensitive data, offering robust tools for confidential smart contracts, decentralized finance (DeFi), and more. By combining advanced cryptography with enterprise-grade performance, Dusk Network ensures data protection and regulatory compliance, positioning itself as a leader in the next generation of blockchain technology. Explore how Dusk’s groundbreaking solutions can revolutionize your approach to data privacy and discover developer resources #Dusk #BlockchainPrivacy #Web3Security

A new wave is hitting the U.S. Senate – this time aimed at protecting the beating heart of technological innovation: crypto software developers. A bipartisan duo, Senator Cynthia Lummis (R) and Senator Ron Wyden (D), has introduced a bill that could finally clarify that programmers who don’t control users’ funds should not be treated like banks or money transmitters.

Code Is Not a Crime
Currently, regulation is murky. Some legal interpretations suggest that even just writing code for cryptocurrencies could fall under the same rules as money transmitters – entities that manage money on behalf of others. But this puts developers in legal uncertainty, even if they have no control over user funds whatsoever.
“It’s a fundamental misunderstanding of the technology,” Senator Wyden stated. “Such regulation could harm not only Americans’ privacy, but also their freedom of speech.” And that’s exactly what the new Blockchain Regulatory Certainty Act (BRCA) is aiming to change.

What Does the Bill Say?
Simply put: if a developer never touches other people’s funds, they should not be classified as a money transmitter. This straightforward yet powerful definition could have major implications across the crypto industry.
“We’re drawing a clear line between coders and custodians,” said Senator Lummis. “We want to foster innovation, not stifle it.”
The key factor is who truly controls the money. Open-source developers typically don’t — unlike banks, exchanges, or payment processors.

A Piece of a Bigger Puzzle
This bill isn’t a standalone effort. It’s part of a broader push by Congress to establish a unified regulatory framework for crypto. Lawmakers are currently tackling a wide range of critical questions:
🔹 Rules for stablecoins

🔹 Oversight of decentralized finance (DeFi)

🔹 Consumer protections

🔹 Potential conflicts of interest related to the Trump family’s crypto ventures
The Senate Banking Committee — of which both Lummis and Wyden are members — is working on a comprehensive crypto bill that would bring structure and clarity to the space. The BRCA could be a key building block in that process.

Why It Matters
If developers lose clarity on what they can and cannot do, innovation stalls. As the digital economy grows at an explosive pace, laws must evolve – not hold back progress.
The BRCA could be the shield that protects those coding the future, as well as the users relying on decentralized tools free from intermediaries.

What’s Next?
The senators hope the bill gains enough bipartisan support to become part of the final regulatory package. Developers and crypto communities are already urging lawmakers: Join the effort and help create fair rules for the digital future.
If America wants to remain a global tech leader, it needs not only visionaries, but also laws that understand the difference between writing code and handling money

#CryptoRegulation , #CynthiaLummis , #Web3Security , #decentralization , #CryptoNews

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This attack is particularly insidious because it does not exploit a code vulnerability, but rather a human cognitive bias: trust in visual familiarity and the convenience of "copy and paste".
In the crypto ecosystem, security depends not only on your seed phrase but also on your transaction habits. Recently, a technique known as Address Poisoning has gained traction, affecting even experienced users of $ETH , $BNB , and stablecoins such as $USDT .

What is Address Poisoning?