23 Sep 2022

The ABCs of Cryptocurrency Security

Blockchain hacking is not impossible, but it’s really not easy. Have you ever heard that the Bitcoin blockchain was hacked and seriously lost its function, even temporarily? If that had happened, Bitcoin would have already been destroyed. Hacking a good blockchain is almost possible, but only in fiction. However, it

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22 Sep 2022

Is Ether A Security? How The Merge Reignited Questions Around Crypto Regulation

As the Ethereum merge fades into the background, and even the potential disruption caused by the ETHPoW has seemed to fizzle out, several questions have come back to forefront; how should crypto be regulated? Which regulatory agency should have the authority to decide this, and how will said regulation come

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22 Sep 2022

NFTs and Secured Transactions

Just what are the “cool kids” up to these days? Creating, marketing, and selling NFTs (and if you call them “non-fungible tokens” and not NFTs, you are most definitely not cool). It has only been about 18 months since Twitter founder Jack Dorsey’s first tweet sold as an NFT for

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22 Sep 2022

Explained: What is a nonce, the heart of blockchain security

Three things make cryptocurrencies unique: decentralisation, scalability and security. Firstly, cryptos can function without a central governing body. They can also scale enough to challenge fiat currencies. And finally, they employ one of the highest forms of security available to humankind: cryptographic encryption. In this article, we will learn about

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22 Sep 2022

The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why

Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity to some of the largest exchanges and blockchain projects. As a crypto-native trading

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21 Sep 2022

Are noncustodial crypto wallets a practical option for the everyday hodler?

As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet. Crypto wallets are programs that allow users to store, send and receive cryptocurrency. Each wallet has a private key that

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21 Sep 2022

CoinDCX Twitter locked: Hacking verified accounts a new exploit for crypto scammers

The Twitter account of the Indian crypto exchange CoinDCX was hacked on September 20. The intruders posted fake Ripple (XRP) promotions embedded with phishing links in an attempt to scam users. “Today, we are pumping XRP. To support our community, we are announcing a 100,000,000 XRP GIVEAWAY. Please note you

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20 Sep 2022

Crypto Market Maker Wintermute Hacked for $160 Million

Algorithmic market maker service Wintermute suffered a security breach on Tuesday, with hackers making off with around $160 million across 90 assets within the platform’s portfolio. In a brief statement published on Twitter, Wintermute founder and CEO Evgeny Gaevoy stated that “we’ve been hacked for about $160M in our defi

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16 Sep 2022

Will the Ethereum Merge leave the crypto at greater risk of hacking?

If all’s gone according to plan, the Ethereum (CRYPTO: ETH) Merge should officially be complete this morning. If you’re unfamiliar, the Ethereum Merge refers to the crypto’s transition from a proof of work (PoW) protocol to a proof of stake (PoS) protocol. We won’t take a deep dive into the

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15 Sep 2022

Can ‘the Merge’ Save Crypto?

Crypto could use a bit of good news these days. And on Wednesday, it got some. Ethereum, the most popular crypto platform, appears to have successfully upgraded its software architecture from a type of blockchain known as “proof of work,” which it has run since its inception in 2015, to a

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