A former Microsoft Security Lead has insisted that a great proportion of digital assets worth billions of dollars are secure and are being “safely managed by hundreds of protocols.” The security expert suggested that protocols also need to have a platform that allows users to rate or assess the robustness of security systems. A Comprehensive […]
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and that its other hot wallets remain operational. Digital Assets Worth More Than $ 40 Million Reportedly Stolen …
Over the past three years, there’s been a notable movement in bitcoin holdings. Since September 1, 2020, a whopping 804,000 bitcoin, equivalent to $ 20.79 billion, has been pulled from centralized exchanges. Notably, 184,000 BTC of that sum, valued at $ 4.75 billion, was withdrawn in just the last three months. Billions in …
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access accounts. Bart Stephens, co-founder of Blockchain Capital, fell victim to a SIM-swap attack, resulting […]
Spacex reportedly wrote down the value of its bitcoin holdings by $ 373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex Writes Down $ 373M in …