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. 

While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets.
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
David Attlee
Thought Leaders
Here are the most common tactics scammers employ when targeting crypto users and their wallets.
8 hacker tactics to be aware of when protecting your crypto assets
Alex Dulub
Digital assets that fit the descriptions for security tokens will be regulated under the country’s Capital Markets Act.
South Korean regulator provides guidance on security tokens
Ezra Reguerra
To protect against crime in the metaverse, take precautions, such as using secure passwords, and report suspected criminal activities to law enforcement.
How to protect against crime in the metaverse
Jagjit Singh
For cryptocurrency to achieve mass adoption, breaches that can be easily prevented — like the phishing attack that resulted in OpenSea losing $1.7 million — nee...
OpenSea serves as an example of why crypto security must improve
Michael Pierce
A new suite of tools for Web3 businesses targets the safety and security of transactions, websites and smart contacts to combat exploits.
Developers seek solutions for Web3-related scams from internet browsers
Savannah Fortis
Blockchain courses and certifications help individuals understand the underlying principles and applications of blockchain technology.
Top 7 blockchain courses and certifications for beginners
Guneet Kaur
The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts.
Judge dismisses proposed class-action suit alleging Coinbase securities sales
Derek Andersen

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