Explained
Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk.
Security News
Blockchain and cryptocurrency security is essential. After all, an autonomous monetary system can only go so far if it can be easily exploited by hackers, rendered inoperable through a mere software bug, or shut down by the powers that be.
Bitcoin’s unique security model is possible through a clever alignment of incentives between the network’s stakeholders — miners, developers, merchants and users. Any attempt to capture the network or reorganize the chain would result in the value of the currency plummeting and thus render any intended benefit completely worthless. The cost of being a bad actor significantly outweighs any possible reward.
Thus, it is in every participant’s best interest to simply play by the rules and collectively work toward the maturation and adoption of the Bitcoin (BTC) ecosystem.
Since its launch in January 2009, the Bitcoin network has never been compromised at the base layer and has had virtually 0% downtime, making it one of the most secure computer systems on the planet.
Cryptocurrency wallets, applications and exchanges that build products and services atop Bitcoin and other crypto networks, however, have frequently been the target of hacks and scams, highlighting the ongoing need to establish best practices around cybersecurity and operational security.
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Platforms are capping bug bounty rewards to cut costs, creating dangerous incentives that could lead to billion-dollar crypto hacks instead of disclosures.
1470 - News
Ever-evolving cybersecurity efforts are forcing hackers to seek out weak links among human vulnerabilities to fuel an “endless war,” CertiK co-founder said.
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ESMA and the World Federation of Exchanges urge the SEC to tighten oversight of tokenized equities, warning of investor risks as Wall Street giants eye the growing market.
6493 - News
After a BlockFi investor withdrew an objection filed in February, a judge appeared to clear the way for the next step in a settlement of a class-action lawsuit.
2798 - Opinion
Blanket crypto ATM bans punish legitimate users while fraudsters adapt. Smart warning systems at kiosks could intercept scams in progress.
1476 - News
Real-world asset protocols present an “evolving” threat landscape that offers a larger attack surface for hackers, according to CertiK.
5233 - News
Following the Pocket Universe acquisition, Kerberus plans to build a dedicated antivirus for crypto to protect users from increasing malware attacks.
2015 - Explained
Discover how AI bots exploit vulnerabilities, why traditional security measures are no longer enough, and what steps can keep your crypto safe.
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Paul Atkins spoke at Wyoming Blockchain Symposium on the SEC's Project Crypto, its relationship with the Trump administration, and its plans on handling digital asset regulations.
8335 - Marketing
Crisis management for CEX done right: audits, breach drills, a unified war room and transparent recovery that calms markets and satisfies regulators.
35102 - Opinion
Without localized risk detection and public–private cooperation, illicit capital will continue to flow unchecked, and trust in the system will collapse.
5079 - Explained
A cybersecurity expert warns that quantum computing could silently break Bitcoin, stockpiling encrypted data today to crack it in the future.
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BtcTurk halted deposits and withdrawals, citing a “technical issue” with hot wallets, while trading and local currency withdrawals and deposits remained active.
33499 - News
The hacker behind the Radiant Capital $58 million October 2024 exploit now holds $103 million in Ether since the asset’s price almost doubled.
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