Tag: cyber security

HTX Exchange Gradually Restores Services, Bitcoin Transactions Now Operational

The HTX crypto exchange, previously Huobi, has restored Bitcoin deposits and withdrawals after a $30 million exploit on November 22. Linked to HTX,...

2023: A leap forward in blockchain security compared to 2022

The Ronin bridge hack is a prime example of a blockchain security vulnerability losing US$600 million due to technical issues. Deus Finance, a...

Use cases of blockchain technology in cyber security

During the late 2000s, it became clear that cyber security became a concern for citizens rather than organizations. Implementing decentralized DNSes minimizes the...

Web3 Technology attracts a multitude of cyber hackers

Upon its debut, Web3 technology applied various blockchain security measures that most cyber hackers feared. Technology is a funny thing; there's never...

51% attack: The blockchain security threat that blindsides the Proof of Work mechanism

Bitcoin is built on the notion that crypto miners validate data or transactions through the Proof of Work The 51% attack is a...

Wintermute’s DeFi operations compromised after a US$160 million crypto hack

Wintermute debuted in 2017, with its main focus on digital asset markets and supported and served many blockchain-based projects as well as Over-The-Counter(OTC)...