Surely it makes more sense to create technology that monitors these public transactions than creating unenforceable legislation! Me thinks that banks be lobbying...
13 posts • joined 26 Jul 2017
Someone slipped a vuln into crypto-wallets via an NPM package. Then someone else siphoned off $13m in coins to protect it from thieves
Just blame the coder
I'm sure the culprit really wanted to deliver a shody solution, there was no time or financial pressure whatsoever to deal with. I'm sure that the code in question was tested thoroughly by an independent reviewer and they also where under no pressure. I'm sure that when speaking out about the quality of delivery all of their concerns where taken on board and adequate resources where assigned to resolve issues. I am absolutely certain blame cannot be assigned to anyone in a management position..It's as usual all the coders fault.
Let hilarity ensue
Regulation is good if they don't FIU! But based on previous experience this is going to be the funniest thing to happen this year! If Amber Rudd can't understand how facebook works how's she going to get her head around blockchain? I'm sure they'll find some old dinosaurs to consult in as 'experts' then ignore the advice... This is why we need blockchain, take the decisions away from these incompetent professional talkers.