Consensys and ClearToken have announced a strategic partnership to bring 24/7 settlement to wholesale markets, pairing cryptographic finality with settlement finality.
Read the full announcement ↓
https://t.co/nVZaZ8Uvc4
Was reading @KimZetter Zero-day report on Silent Train and some interesting takeaways there
Attackers do not always need to defeat your strongest defense. They only need to compromise one trusted human, device, or dependency—then move through your system. Connecting this report back to the recent security incidents on @binance , and @eMudhra all prove one thing -
"Trust chains are attack chains."
Read further below:
A router, engineer, internal AI tool, deployment token, or certificate authority can become the weakest link. Assume compromise. Limit blast radius. Verify privileged actions.
Financial institutions should not have to choose between control and connectivity. With our Bridgeless Interoperability design @Consensys , institutions can settle securities, exchange currencies, and move collateral across sovereign ledgers—without bridges, shared ledgers, or trusted intermediaries.
Control stays native. Markets become connected.
This was a great presentation indeed. Visionaries like
@SergeyNazarov do not think in weeks or months but in years and decades. What is impressive here is that he shares his insight on what happens once you have tokenized your asset. Tokenization is not the end game but only (critical) step 0 and what is coming next is only what our Blockchain industry can offer. Nice to see this progress from @chainlink which is good for our industry as a whole.
I tested withdrawals on both rails on the @aave earn App hours after @binance exploit. Bank withdrawal failed and auto redeposit to vault is still pending while crypto withdrawals went through successfully. Bank deposits still pending (app says up to 5 days) and money in limbo for a while. Crypto rails held up better despite the recent market related distress.