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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
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform.
GSX Group’s GRID Platform Hosts Its First Tokenized Security
Adrian Zmudzinski
2020-05-27T22:30:00+01:00
2991
News
Electric Capital partner Ken Deeter proposed the Guarded Launch of a DeFi project.
Venture Firm Proposes 'DeRisking as a Service' for Safe DeFi Launches
Andrey Shevchenko
2020-05-27T19:09:00+01:00
4174
News
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”.
Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
Stephen O'Neal
2020-05-27T18:32:00+01:00
7022
News
More than 1,000 enterprise computer systems have been infected with a cryptojacking malware that installs a Monero mining application.
1,000 Corporate Systems Infected With Monero Mining Malware
Felipe Erazo
2020-05-27T03:40:00+01:00
6368
News
Decentralized identity solutions might be blockchain’s killer app.
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
Adrian Zmudzinski
2020-05-26T20:11:00+01:00
4263
News
South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip.
Samsung’s New Chip to Secure Crypto Transactions on Mobile Devices
Stephen O'Neal
2020-05-26T11:07:00+01:00
6663
News
A cryptocurrency analyst recently said that he is surprised that Bitcoin Cash did not yet fall victim to an attack, given the fall in its hashrate.
Analyst Is 'Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet
Adrian Zmudzinski
2020-05-25T15:31:00+01:00
9811
Analysis
How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains.
Making Blockchain Safe and Secure, a Balancing Act That Never Ends
Gareth Jenkinson
2020-05-24T09:00:00+01:00
8164

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