Tag Archives: security

To this day, privacy arguably remains the fatal flaw of the most popular blockchain networks. Both Bitcoin and Ethereum use fully transparent public ledgers to store their transactions. While technically anonymous, careful digging can allow external parties – including governments – to uncover the identity of any number of parties behind an address or set of transactions. For the more privacy-focused blockchains and protocols, authorities have mostly banned centralized...

Cypher Protocol, a Solana-based futures DEX, has been forced to pause its smart contract in the wake of an exploit that resulted in a loss of more than $1 million. The Why Late last night, Cypher’s devs announced that they had suffered a “security incident”, resulting in the need to pause their smart contract until a post-mortem was carried out. An appeal to the hacker was also made, promising a discussion on the next steps should the bad actor care to reply. Cypher has has...

In an attempt to improve user experience and introduce major lifestyle upgrades, RBX network is launching a suite of on-chain security features called RBX Reserve Accounts. The push comes as part of its most recent Spartan Wallet Update. It’s aimed at providing users with on-chain recovery, as well as callback features, in a bid to take self-sovereignty and self-custody to new heights. According to the press release shared with CryptoPotato, users will be able to enjoy the...

A good number of high-profile attacks on the crypto ecosystem took place last year, targeting everything and everyone from Phantom wallets to smart contracts themselves. A common choice of target was cross-chain bridges, which allowed hackers to make off with serious bounties, most notably in the case of Harmony. Sharp Decrease in Attacks However, times seem to be changing, according to a new report from cybersecurity researchers at TRMLabs. According to the paper, the total...

Da Bitcoin eine dezentralisierte digitale Währung ist, müssen Benutzer besondere Vorsichtsmaßnahmen ergreifen, um ihre Bitcoins sicher aufzubewahren. Hier sind einige Möglichkeiten, wie Benutzer ihre Bitcoin-Wallets sicher halten können: Verwenden Sie eine Hardware-Wallet: Hardware-Wallets sind physische Geräte, die private Schlüssel sicher aufbewahren und Transaktionen offline signieren können. Diese Wallets sind schwerer zu hacken als...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Eurexcoin.com, a leading digital currency trading platform on the European continent, just announced that it’s going to be enhancing its security and protection methods tenfold. Eurexcoin.com Seeks to Enhance Its Security The crypto space is wrought with fraud and illicit attacks carried out on crypto...

Minneapolis-based cybersecurity firm Jamf Threat Labs found a crypto-jacking program well hidden in pirated copies of Apple’s Final Cut Pro. Jamf warns Apple chip speed will make Macs increasingly popular targets for malware attacks. In its report, Jamf said: “During routine monitoring of our threat detections in the wild, we encountered an alert indicating XMRig usage, a command-line crypto-mining tool. While XMRig is commonly used for legitimate purposes, its adaptable,...

According to a March 9 Fox Business report, the next salvo in Uncle Sam’s war on crypto could be a massive class action lawsuit filed on behalf of retail investors against top exchanges. The outlet reported that leading securities lawyer Tom Grady is preparing for potential litigation against America’s largest crypto companies, including Coinbase, Robinhood, and Kraken. The allegation is the same old story that the Securities and Exchange Commission keeps repeating – illegal...

U.S. Bankruptcy Judge Michael Wiles made the comments at a court hearing in New York on March 2. The Voyager Digital restructuring plan would involve the sale of just over $1 billion worth of its assets to Binance.US. However, the SEC has opposed the deal claiming that it violates securities laws. When questioned about the reasoning behind the opposition, SEC attorney William Uptegrove failed to provide a definite answer, according to Reuters. In its typical vague approach,...

The cryptocurrency industry has long been a target of phishing attacks, and it seems that hackers are finding new and more clever ways to scam their victims. This time, it was the website of an anticipated event that was entirely faked in an attempt to trick victims out of their crypto. ETH Denver is advertised as the largest and longest-running ETH event in the world. This year, it will take place between February 24th and March 5th. Conferences are typically a place of...