The SEC describes its motives to be the safeguarding of investors, while members of the blockchain community see their actions as sabotage. Read more to find out the history of this controversy and its implications on the general definition of security.
The peculiarity of the enormous bids surrounding NFTs brings forward several questions about these digital assets. Is there a reason why people are willing to spend thousands of dollars worth of funds for them? What is the technology behind NFTs that ensures their originality? And most importantly, what security risks should I be aware of before I set out to purchase one? Understanding the answers to these common questions is becoming more and more essential as NFTs continue to be a valuable part of the spaces we operate in.
Over $720M worth of funds were stolen this month, illuminating a dangerous message about the security and reliability of these platforms- raising several questions. Is orchestrating an attack of this level really so easy? If I happen to be a daring individual with the right technical skills, can I too be the owner of millions of dollars worth of funds? And most importantly, what measures can other platforms take beforehand to ensure they and their users are safe from becoming the next target?
What was essentially the biggest hack in the history of cryptocurrency became a valuable lesson on the importance of security and just how powerless big organizations can become in the face of powerful hackers. The unusual trajectory of this incident also begs the question of where to place the blame in these kinds of attacks. Read more to find out exactly how the hack took place as we analyze the most pressing questions surrounding this attack.
The successful upgrade of the London Hard Fork is a big difference from the fork leading to Ethereum Classic that took place back in 2016. However, despite their divergence, both are milestones in the Ethereum world- guaranteed to have lasting impacts on the blockchain as we know it. Read more to find out the circumstances surrounding each hard fork and the role they may play in shaping Ethereum’s future.