• Trending
  • Comments
  • Latest
AI People joins Dubai’s innovation one — Declares war on the forgetting of humanity

AI People joins Dubai’s Innovation One program: Declares war on the forgetting of humanity

07/22/2025 - Updated On 07/23/2025
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

06/09/2025 - Updated On 07/07/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Decentralized Satellites: How the Nemo Protocol Exploit Shapes the Future of Connectivity

Nemo Protocol hacked, raises questions about satellite-based DeFi security

09/16/2025
USDH Stablecoin Ticker Matters for Hyperliquid

Hyperliquid’s USDH stablecoin secures key listing on Native markets

09/16/2025
London Stock Exchange Unveils Digital Markets Infrastructure for Private Funds.

LSE debuts digital platform to tokenize and trade private assets

09/16/2025
  • Trending
  • Comments
  • Latest
AI People joins Dubai’s innovation one — Declares war on the forgetting of humanity

AI People joins Dubai’s Innovation One program: Declares war on the forgetting of humanity

07/22/2025 - Updated On 07/23/2025
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

06/09/2025 - Updated On 07/07/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Decentralized Satellites: How the Nemo Protocol Exploit Shapes the Future of Connectivity

Nemo Protocol hacked, raises questions about satellite-based DeFi security

09/16/2025
USDH Stablecoin Ticker Matters for Hyperliquid

Hyperliquid’s USDH stablecoin secures key listing on Native markets

09/16/2025
London Stock Exchange Unveils Digital Markets Infrastructure for Private Funds.

LSE debuts digital platform to tokenize and trade private assets

09/16/2025
Tuesday, September 16, 2025
  • Login
The Bit Gazette
  • Home
  • Crypto News
  • Expert Analysis
  • Finance
  • Tech
  • Sponsored
  • Press Release
  • Contact
No Result
View All Result
The Bit Gazette
No Result
View All Result
Home Crypto News

Nemo Protocol hacked, raises questions about satellite-based DeFi security

Why decentralised satellite networks, community ownership and the Nemo protocol exploit together show both the promise and the peril of connecting billions more.

by Victor Johnson
3 hours ago
in Crypto News
Reading Time: 4 mins read
0
Decentralized Satellites: How the Nemo Protocol Exploit Shapes the Future of Connectivity

Nemo Protocol hacked, raises questions about satellite-based DeFi security

Share on FacebookShare on Twitter

Food, clothing, shelter and now the internet. The list of basic life necessities has gained an extra requirement yet many still can’t access it. Social media may have us under the illusion that the entire world has access to high speed internet, but the reality is rather different.

A staggering 2.6 billion people are offline approximately one third of the world’s population, and recent events such as the Nemo protocol exploit have made painfully clear how brittle access and trust can be when control is concentrated.

Despite telecommunications companies touting seemingly affordable packages with unlimited calls and data costs remain prohibitively expensive for many in low-income countries.

Rural areas especially face infrastructure limitations with many telcos opting to avoid deploying in these regions due to high costs, geographic barriers and low return on investment. The Nemo protocol exploit is a reminder that price and physical reach aren’t the only barriers governance and resilience matter too.

A new orbit for connectivity

With billions offline, the world needs an alternative to bring the UN’s vision of universal internet access to fruition. One method attracting attention is deploying constellations of Low Earth Orbit (LEO) satellites. LEO satellites circle the Earth between roughly 160 km and 2,000 km reducing latency and improving coverage where traditional infrastructure is lacking.

Not long ago, launching a satellite felt like something only governments or multinationals could do. Today, that’s changed. Nearly 7,500 active satellites now orbit the Earth, with dozens launched weekly. Cheaper launch costs and reusable rockets have driven the cost of sending payloads into LEO down dramatically making satellite broadband a practical option for reaching remote communities.

As of 2024, millions had already signed up for satellite based internet. Typical download speeds range between 50 and 150 Mbps and latency can average around 25 ms good enough for education, telemedicine and commerce where terrestrial options don’t exist. But technology alone won’t close the gap: business models and control structures will.

Solving for mass adoption

Two major challenges stand in the way of LEO satellites closing the digital divide: cost and control. First, price points for consumer satellite broadband often remain out of reach for the poorest households. In richer markets many low income households still find even the national average broadband bill unaffordable; imagine that reality in the developing world.

Second, control. When a small set of private companies own and operate whole networks, a single decision policy change, commercial dispute or a security incident like the Nemo protocol exploit can disrupt access for entire regions.

Centralised ownership concentrates not only profits but also risk. The Nemo protocol exploit taught operators and communities how quickly trust, and therefore connectivity, can be undermined when governance is opaque.

DePIN: community ownership as an alternative

Decentralized physical infrastructure networks (DePIN) propose a different model: communities collectively build, govern and own infrastructure, using blockchain as the coordination layer. Under DePIN, individuals contribute funding, hardware or operational work and receive tokens that represent ownership, rights and revenue shares. That structure can align incentives for local participation and long term maintenance.

Crucially, DePIN can mitigate single-point failures of control a lesson hammered home by the Nemo protocol exploit. When ownership and operation are distributed across many local actors, a single exploit or unilateral decision is far less likely to sever service for entire populations. Community governance and transparent on chain records make service interruptions more accountable and traceable.

Building communities, not monopolies

Picture a mountainous village where laying fibre is infeasible. Instead of waiting years for a private operator, local cooperatives could deploy small ground stations that connect to open satellite networks and are governed by local token holders. These stations would be maintained by community members who earn returns via usage fees and shared revenue turning passive consumers into stakeholders.

That model not only lowers marginal costs of access but also creates economic participation: communities capture some of the value they create. It also reduces the systemic damage of incidents like the Nemo protocol exploit by decentralising authority and making network decisions a function of many voices rather than one corporate board.

Timing and caution

The technology to pair LEO reach with DePIN governance largely exists today. Open-source ground station designs, modular satellite buses, and tokenised incentive layers make a community driven model feasible. But practical hurdles remain: regulatory frameworks, spectrum rights, hardware costs for the poorest users and the need for robust local governance mechanisms.

We must also be realistic: decentralisation is not a magic bullet. Poorly designed token economics or inadequate operational oversight can create vulnerabilities of their own vulnerabilities that could be exploited as the Nemo protocol exploit showed. Any DePIN rollout must therefore learn from past incidents, bake in security-first practices and design governance that is both inclusive and technically resilient.

Conclusion

Internet access is no longer a luxury; it is essential for education, healthcare, commerce and civic life. The race to dominate orbital bandwidth risks creating new gatekeepers who may inadvertently lock out those most in need.

But by combining the physical reach of LEO satellites with community ownership principles and by heeding warnings from incidents like the Nemo protocol exploit we can build networks that are affordable, accountable and resilient. If we get the governance right, the next chapter of connectivity can be written by those it serves not just those who sell it.

Tags: blockchainCommunityConnectivityDecentralizationdecentralized governanceDePIN (Decentralized PhysicalDigital DivideInfrastructureInfrastructure Networks)innovationLEONemo Protocol ExploitOwnershipSatellite InternetSatellitesTelecomweb3
Share197Tweet123
Victor Johnson

Victor Johnson

Victor Prince Johnson a tech writer and crypto blogger with a passion for breaking down complex topics into clear, engaging and accessible content. With a sharp eye on emerging technologies and the ever evolving world of blockchain and digital finance, I aim to bridge the gap between innovation and everyday understanding. My content explores everything from AI and cybersecurity to Bitcoin trends, DeFi, NFTs and the broader impact of tech on society. Whether you’re a tech enthusiast, crypto investor, or simply curious about where the digital world is headed, you’ll find insights, news, and thought provoking analysis right here. Do follow me on this site as we explore the future, one post at a time.

  • Trending
  • Comments
  • Latest
AI People joins Dubai’s innovation one — Declares war on the forgetting of humanity

AI People joins Dubai’s Innovation One program: Declares war on the forgetting of humanity

07/22/2025 - Updated On 07/23/2025
FBI nabs Nigerian ‘tech queen’ Sapphire Egemasi in multi-million dollar fraud scheme

FBI arrests Nigerian ‘tech queen’ Sapphire Egemasi in $1.3M heist targeting U.S. government

06/05/2025 - Updated On 06/17/2025
Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

Deutsche Bank eyes stablecoin launch as tokenization wave hits European banking

06/09/2025 - Updated On 07/07/2025
Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

Polygon Discord Channel Hacked, Throws Crypto Community in Turmoil

2
Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

Bitcoin reclaims $107,000 as Iran-Israel ceasefire cools market tensions

2

Hello world!

1
Decentralized Satellites: How the Nemo Protocol Exploit Shapes the Future of Connectivity

Nemo Protocol hacked, raises questions about satellite-based DeFi security

09/16/2025
USDH Stablecoin Ticker Matters for Hyperliquid

Hyperliquid’s USDH stablecoin secures key listing on Native markets

09/16/2025
London Stock Exchange Unveils Digital Markets Infrastructure for Private Funds.

LSE debuts digital platform to tokenize and trade private assets

09/16/2025
No Result
View All Result
  • Home
  • Crypto News
  • Expert Analysis
  • Finance
  • Tech
  • Sponsored
  • Press Release
  • Contact

Copyright © 2025 - The Bit Gazette.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?