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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
A new digital currency called CloudCoin sets out to address some of the main issues with the current batch of cryptocurrencies by removing the blockchain techno...
Blockchain-Free CloudCoin Claims Secure Email-to-Email Transactions
Jack Martin
2020-07-15T10:00:00+01:00
6315
News
Data for 142 million hotel guests is being sold via the dark web.
A Hacker is Attempting to Sell a Las Vegas Hotel Database for Crypto
Felipe Erazo
2020-07-14T22:02:00+01:00
6248
News
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy.
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
Emilia David
2020-07-12T20:07:00+01:00
7795
News
Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free.
Your Passwords Could Be For Sale on the Dark Web Right Now
Felipe Erazo
2020-07-10T21:30:00+01:00
5683
News
Chris Larsen funded a massive surveillance camera network across San Francisco’s streets as an “alternative” urban security system.
One of Ripple’s Co-Founders Is Spending a Fortune Installing Cameras in San Francisco
Felipe Erazo
2020-07-10T17:27:00+01:00
6093
Unitize
The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth.
Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exec
Mohammad Musharraf
2020-07-09T11:15:00+01:00
3066
News
Cointelegraph speaks with NGRAVE’s CEO following its successful crowdfunding campaign.
NGRAVE Raises Over $430K From Hardware Wallet Crowdfunding Campaign
Jack Martin
2020-07-08T22:00:00+01:00
1894
News
Ledger’s hardware wallet was briefly vulnerable to two kinds of attacks, but the company took preventive action.
Kraken Discovers Potential Attacks Against Ledger Wallets, User Funds Unaffected
Helen Partz
2020-07-08T15:03:00+01:00
7752

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