Security - Tag Archives - Cryptonews (Page 23)

Contrary to Musk’s Idea, You Can’t Just Increase Block Size, Says Buterin

There are limits to blockchain scalability in order to not sacrifice decentralization, according to Ethereum (ETH) Co-founder Vitalik Buterin, and "you can't "just increase the block size by 10x"," as was Tesla's chief Elon Musk recently shared idea. While Musk recently tweeted about speeding up...

, by Sead Fadilpašić

Two More Binance Smart Chain Projects Report Incidents, Prices Plummet

Binance Smart Chain (BSC), ran by the crypto exchange giant Binance, has landed in hot water due to the incidents suffered by its projects - yet again. Yesterday it was Venus Protocol (XVS), and today Pancake Bunny (BUNNY).Venus is a project built by Binance, while Binance Labs backed MOUND, the...

, by Sead Fadilpašić

Disclosed: Ethereum ‘Lived’ With a Major Threat for 18 Months

Here's what we knew: Ethereum (ETH) executed the Berlin hardfork last month. Here's what we didn't know: it came with a solution that lowered the risk of a major DoS attack, looming over the network for more than a year and a half. According to the May 18 post written by Ethereum developer...

, by Sead Fadilpašić

Square Aims to Raise USD 2B, Bitcoin’s Taproot Signal Strengthens + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Investments news Bitcoin (BTC) bull Jack Dorsey-led payments company Square announced its intention to offer, subject to market...

, by Linas Kmieliauskas

Western Google Union, Palantir’s Bitcoin, Dollar in Danger + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ___________Payments newsMoney transfer company Western Union said it has teamed up with Google to provide users in the US with access...

, by Linas Kmieliauskas

Why Ethereum is Far From ‘Ultrasound Money’

Memes are extremely important in the crypto market. Dogecoin (DOGE) may be the best recent illustration of the power of memes in a market powered by a combination of scarcity and user demand (note: some memes are more sustainable than others), but every cryptocurrency has their own memes that...

, by Kyle Torpey

Australian Crypto ETF, Digital Dollar Pilots, MetaMask Phishing Bot + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Investments newsThe Australian Securities Exchange is reviewing a number of applications for a cryptocurrency-based exchange-traded fund...

, by Linas Kmieliauskas

BSC-Based Uranium Finance Attacked, Millions on the Move

Decentralized finance (DeFi) project on Binance Smart Chain (BSC), Uranium Finance, reported that it has suffered a security breach - with millions of dollars in ethereum (ETH) on the move and laundered through a popular privacy tool."Uranium migration has been exploited, the following address has...

, by Sead Fadilpašić

EIB To Register Bonds On Ethereum As ETH Hits New ATH + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.Adoption news The European Investment Bank plans to price EUR 100m (USD 121m) of two-year notes in an inaugural sale of so-called...

, by Linas Kmieliauskas

How Bitcoin and DeFi are Completely Different Phenomena

Decentralized finance (DeFi) applications, specifically on Ethereum (ETH), have exploded in popularity over the past couple of years. While bitcoin appears to be here to stay as a global, apolitical store of value, the basic idea behind DeFi is to go beyond the creation of a new, base monetary...

, by Kyle Torpey

Ethereum Won’t Hide From Quantum Computers Behind PoS Shield

There are two mechanisms by which a quantum computer might violate a cryptoasset. Quantum computing poses a threat that concerns PoS and PoW in equal measure. It’s difficult to predict whether such a threat would emerge suddenly or gradually.Quantum computing has long been regarded as...

, by Simon Chandler

More S Korean Exchange Customers in Nervous Hunt for their Crypto

The South Korean media is carrying more reports of crypto exchanges delaying their clients’ withdrawal requests – and in some cases failing to respond to the customers altogether as investors’ worries about the security of their funds intensify.As previously reported, crypto...

, by Tim Alper

With Banks Turning to Bitcoin, Is It Finally Time to Long the Bankers?

Bank adoption might bring the number of crypto users "from 100m+ to 1bn." Growing bank involvement in crypto will also be a boost for the banks themselves. Some warn that a large bank-based custodial layer could create systemic risk for the BTC market.The banks are coming. After years of derision...

, by Simon Chandler

Proof-of-Disagreement: Bitcoin’s Work vs. Ethereum’s Planned Staking

PoW is a more time-tested model for securing and minting BTC. PoS is "theoretically more prone to centralization and has the inherent security issue." As decentralized applications evolve "the underlying network requires a more modern architecture."In the never-ending battle between Bitcoin (BTC)...

, by Simon Chandler

Bogus Trezor iOS App Snares Investor’s USD 1M Bitcoin Savings

A bitcoin (BTC) investor who says he lost over BTC 17 (USD 0.99m) to scammers has hit out at Apple for hosting a fake app on its store that allowed criminals to make off with his “life savings.”Speaking to the Washington Post, the investor, a Trezor wallet user named Phillipe...

, by Tim Alper

Tesla Developers Help Patch Flaw in Open-source Bitcoin Pay Software

The auto giant Tesla has gone a step further than simply buying bitcoin (BTC) and accepting BTC pay – and is now contributing fixes to open-source software built on the Bitcoin network.In a tweet, the masterminds behind the popular payment processor and crypto wallet service BTCPay Server...

, by Tim Alper

# Security (Page 23)

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