Security News

One of the most common questions pertain to the security of cryptocurrencies and if they are more secure than ordinary money. Cryptocurrency security is often promised to be pretty strong, but news about cryptocurrency security indicate quite the opposite. Thefts are executed in a lot of different ways. All the largest thefts happened after cryptocurrency exchanges are hacked, including famous cases like Mt. Gox, with $350 million of Bitcoin stolen, and the Coincheck hack, with $400 million of NEM tokens stolen. Cryptocurrency security is also vulnerable within its own blockchain, the best example of which happened with The Dao event that led to the theft of $50 million ETH. Thefts can also happen in more traditional ways, such as getting access to a user’s private wallet key, physically forcing user to send funds to some account or using different fraud schemes that make users lose their money.

News
Smart contract auditing team ChainSecurity joins the Swiss branch of big four auditing firm PricewaterhouseCoopers.
PwC Switzerland Partners Smart Contract Auditing Team ChainSecurity
Adrian Zmudzinski
2020-01-12T12:30:00+00:00
4484
News
Brooklyn Nets player Spencer Dinwiddie will launch his tokenized security offering on Monday, Jan. 13, after reportedly settling terms with the NBA.
Nets Player On Pace for Jan. 13 Tokenized Bond Launch
Benjamin Pirus
2020-01-11T17:48:00+00:00
5427
News
The United States Securities Exchange Commission is seeking a default judgment and $16 million in penalties from token sale platform ICOBox.
US SEC Seeks $16 Million Penalty from Token Sales Platform Operator
Marie Huillet
2020-01-10T11:32:00+00:00
1792
New Year Special
The lack of security has remained as the main issue in crypto space. What could possibly be changed in 2020?
Blockchain and Crypto: Will Security Issues Finally Be Dealt With in 2020?
Alex Kech
2020-01-09T13:49:00+00:00
2647
News
Capital Markets Board of Turkey, the country’s securities regulation agency, has plans to step up guidance and oversight of crypto transactions in 2020.
Turkey's Financial Watchdog Plans to Regulate Crypto Markets, Report Says
Erhan Kahraman
2020-01-07T17:38:00+00:00
2195
New Year Special
There were 12 major cryptocurrency exchange hacks in 2019. In total, over $292 million and over 500,000 pieces of customer data were stolen.
Most Significant Hacks of 2019 — New Record of Twelve in One Year
Patrick Thompson
2020-01-05T13:32:00+00:00
3835
Opinion
Crypto has the ability to instantly record information, potentially making hacking and faking almost impossible.
Friendly Fraud and the Failure of Chargeback Protections
Filipe Castro
2020-01-02T08:30:00+00:00
1616
Opinion
What are the key advantages and disadvantages of CBDCs?
The Financial System of the Future — Who Benefits From CBDCs?
Marcello Minenna
2020-01-01T16:45:00+00:00
3038

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