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. 

Sponsored
In a saturated decentralized exchange market, a good reputation is a little short of gold.
Cryptocurrency gateway Gate.io shares historical rise to success
Sarah Jansen
2022-05-24T14:19:00+01:00
80
Event
Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022.
WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck
Tom Farren
2022-05-23T11:17:34+01:00
11487
News
Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains.
DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains
Gareth Jenkinson
2022-05-19T10:32:59+01:00
2813
Analysis
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating.
DeFi attacks are on the rise — Will the industry be able to stem the tide?
Elizabaeth Gail
2022-05-14T15:03:00+01:00
5693
Follow up
Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the U.K. successfully stole thousands worth of...
How to protect yourself from the recent spate of ‘crypto muggings’
Jesse Coghlan
2022-05-13T03:12:11+01:00
6773
News
This is the tenth and largest funding for the blockchain aggregation and reporting service since its inception in October 2014.
Chainalysis announces $170M funding round, platform now valued at $8.6 billion
Tom Farren
2022-05-12T15:40:48+01:00
1877
Analysis
We are coming into a great age of blockchain technology, but there are limits that need to be solved before decentralized archives enter the mainstream.
How blockchain archives can change how we record history in wartime
Emily Tonelli
2022-05-12T15:17:02+01:00
1616
Analysis
The Solana network seems to be battling persistent outages while seeking to address the industry’s blockchain trilemma.
Can Solana become the dominant PoS chain despite persistent outages?
Wahid Pessarlay
2022-05-10T14:01:00+01:00
13082

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