ETHEREUM VULNERABILITY EXPOSED
One-third in the hands of a few! Beware the 376: the small group of individuals with the power to manipulate the Ethereum market. According to a report by Chainalysis, a blockchain analytics firm, 376 individuals…
Crypto Fraudsters Steal Millions from Investors
Cryptocurrencies have taken the financial world by storm in recent years, with many investors eager to get in on the action. However, as with any emerging market, opportunities for fraudsters and scammers abound. Unfortunately, that…
Public vs. Private Blockchain
The public blockchain, as we know it, is the starting point for attacks and vulnerable by its very public nature. It can be accessed, tested by anyone and the malicious can identify and attack you,…
Cold Wallets – part of the solution
A cold wallet is a type of cryptocurrency wallet that is stored offline. Cold wallets are considered to be the most secure type of cryptocurrency wallet, as they are not connected to the internet and…
Public Blockchains: total lack of security into the near future
A quantum threat to blockchain is a potential security risk that could arise from the use of quantum computing in the future. Quantum computers are much more powerful than traditional computers and could potentially be…
Weapon of the Future: The Quantum Computer
Quantum computing poses a threat to blockchain technology because it upends the basic security assumption of elliptic curve cryptography, namely, that computers cannot factor large numbers effectively. In today’s traditional and legacy blockchains, the most…
Bitcoin vs. Quantum
How many Bitcoins could be stolen now if sufficiently large quantum computers were available? Imagine that someone manages to build a quantum computer today and is therefore able to derive private keys. How many Bitcoins…
Bitcoin – Quantum Threat
Quantum computers are posing a serious challenge to the security of the Bitcoin blockchain. Presently, about 25% of the Bitcoins in circulation are vulnerable to a quantum attack. If you have Bitcoins in a vulnerable…