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. 

Successful applicants can use the funds to buy a ticket to the company's headquarters.
Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants
Turner Wright
Expert Take
The ruling on the motion to dismiss in the SEC v. NAC case indicates that the SEC still has crypto sales in its crosshairs in 2021.
Another court applies the Howey investment contract analysis to crypto
Carol Goforth
“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer.
Ledger owners report chilling threats after 20K more records leaked
Turner Wright
The perils of inaccessible digital wealth — potentially lost forever — are being all the more keenly felt during the 2021 bull market.
Programmer has two password guesses left before losing $266M in Bitcoin
Marie Huillet
Although, 96% of exchange users utilize some form of two-factor authentication and 87% of hardware wallet users perform test transactions.
Survey: 25% of crypto users not securing assets as well as they think
Jack Martin
Ripple’s CEO, Brad Garlinghouse, has responded to some of the community’s concerns surrounding the SEC’s $1.3 billion lawsuit against the firm.
Ripple CEO answers 5 key questions about the SEC lawsuit
Joshua Mapperson
The number of XRP addresses holding at least 1 million tokens has declined sharply over the past two weeks.
XRP whales are sinking fast
Sam Bourgi
Grayscale Investments is the latest major crypto player to drop its association with Ripple's token.
Grayscale dumps XRP: Here's where it's putting the cash
Sam Bourgi

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