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Crypto firms cannot naively trust engineers with code, warns Exodus CEO

Exodus CEO JP Richardson says the firm’s security team reviews all engineers' code to prevent malicious actions.

Crypto firms should never carelessly trust their engineers to upload code without an external review first, says JP Richardson, CEO of the self-custodial crypto platform Exodus.

He argued that this is essential to stop bad actors, who are becoming more sophisticated in tricking crypto firms into giving them jobs, from uploading malicious code to the firm’s software.

In an interview with Cointelegraph at Token2049 in Singapore, Richardson stressed the importance of having a second-layer team to review all engineers’ code before any updates or upgrades are made to a crypto firm’s software. This is in an effort to prevent malicious actors from uploading harmful code.

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Crypto Wallet Firm Exodus Faces Unexpected Setback in NYSE Uplisting PlanExodus Movement, a crypto wallet company, announced that its planned listing on NYSE American will not proceed as scheduled due to the U.S. Securities and Exchange Commission (SEC) still reviewing its registration statement, despite the statement being declared effective at the end of April. The company, which intended to uplist from OTC trading to expand […]

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