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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. 

News
Whether CZ is coming to the rescue or not remains to be seen.
Binance will ‘do what they can’ to help recover funds stolen in yesterday’s $5M Eterbase hack
Felipe Erazo
2020-09-10T22:07:00+01:00
11157
Opinion
Before we run to build more DeFi products, let’s first walk to improving the underlying infrastructure.
Blockchain needs to walk before it runs to DeFi
Kadan Stadelmann
2020-09-10T14:00:00+01:00
5580
News
Hot wallet attacks have been making a lot of headlines lately.
$5M stolen from a European crypto exchange after hot wallets compromised
Felipe Erazo
2020-09-09T19:20:00+01:00
7846
News
Windows users must be wary.
Microsoft warns digital currency owners to be aware of new malware
Ting Peng
2020-09-06T20:00:00+01:00
47594
News
This chef may be preparing the biggest sashimi of them all.
Migration of $180 million worth of SUSHI from UniSwap to SushiSwap has been approved
Michael Kapilkov
2020-09-04T17:37:23+01:00
11123
Expert Take
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID.
Blockchain technology, financial and self-sovereign digital identities
Tatiana Revoredo
2020-09-02T17:19:00+01:00
10898
News
It’s the third attack this month.
Ethereum Classic suffers another 51% attack
Emilia David
2020-08-30T18:00:00+01:00
11817
Analysis
What’s behind Ledger’s tough stint recently? Charles Guillemet, the company’s CTO, responds to all the questions and criticism.
Ledger CTO discusses wallet’s safety after multiple security setbacks
Benjamin Pirus
2020-08-30T12:30:00+01:00
18693

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