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. 

Shortly after the exchange launched stock token trading, German and British financial regulators are reportedly looking into whether the offering complies with ...
EU regulators reportedly scrutinize Binance over securities law compliance
Marie Huillet
How to crypto
The funds in your ERC-20 wallet could be at risk if you continue to grant unlimited approvals to decentralized applications.
Simple steps to safeguard your wallet from unlimited ERC-20 allowance risks
Osato Avan-Nomayo
With a new security campaign, Cream Finance looks to minimize vulnerabilities.
Cream Finance launches $1.5M bug bounty to improve DeFi security
Helen Partz
What is certain is that exploits only get points for being less disastrous than their counterpart.
Smart contract exploits are more ethical than hacking... or not?
Pawel Stopczynski
Celsius customers have been targeted with fraudulent SMS and email communications after a third-party email distribution server was compromised by hackers.
Email server breach sees Celsians targeted by phishing attacks
Samuel Haig
This project has bold ambitions to become “the Microsoft of DeFi” — and says many protocols in the marketplace right now have been corrupted by greed and incomp...
Microsoft transformed home computing — and this project wants to transform DeFi
Connor Sephton
Event Recap
Crypto YouTuber EllioTrades and law professor Edmund Schuster debated the value of NFTs and the role of blockchain in digital collectibles.
Experts debate whether NFTs really need blockchain
Helen Partz
Vesta's new platform gives homeowners the ability to convert equity into digital assets that can then be sold to accredited investors without compounding intere...
Vesta Equity and Algorand breathe new life into real estate tokenization
Sam Bourgi

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