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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An exchange that offers collateralized loans, high-interest rate savings, and more aggressive investment strategies sees crypto’s security problem as an opportu...
Blockchain platform offers security and accountability that DeFi cannot
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2021-07-27T14:58:06+01:00
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The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets.
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2021-07-21T15:37:00+01:00
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BlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public.
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2021-07-20T06:30:17+01:00
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The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures.
Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks
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2021-07-14T13:00:00+01:00
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A payments app focused on Ethereum layer-two scaling and personal identity management has just raised $1.25 million in seed funding.
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Binance Smart chain and Immunefi are partnering to reward white hat hackers who discover vulnerabilities in BSC projects.
Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects
Osato Avan-Nomayo
2021-07-09T17:00:00+01:00
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“A Bitcoin ETF would be a way for retail investors to invest in cryptocurrency without having to actually purchase it and deal with the complexities of custody,...
Former CFTC chair explains why regulators should approve a Bitcoin ETF
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2021-07-07T19:15:00+01:00
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