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Heard about the XYZ hacks yet? Losses in millions but couldn't find what actually happened? We have you covered, read out the revealing, intricate and statistical intelligence about blockchain security and cybersecurity.

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    Web2 Security vs Web3 Security: An Innovative Adaptation?

    Web 3.0 is a semantic web where it promises to establish information in a better-existing way than any current search engine can ever attain. Web 3.0 promotes four concepts which mainly are authenticity, i.e, every piece of information existing on the internet is a fact or derived from a fact. Integrity, willingness to abide by moral principles, and ethical values. Transparency, the data present on the internet is accessible for every user to witness. Lastly, Confidentiality which is achieved by Blockchain technology, where every user’s identity is anonymous, making it secure. 

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    The State of Startups Security in Pakistan

    The security team at BlockApex decided to test these applications for vulnerabilities that could compromise their data. We knew that the software industry in Pakistan always keeps security out of their toolkit to reduce the cost of development.

    Blockchain Trilemma: The Three Fighting Factors

    Blockchain Trilemma - coined by Vitalik Buterin himself, is a condition in which the blockchain undergoes a compromising stage. It is truly believed that a fully decentralized network can never be scalable and secured at the same time.

    Social Engineering: Classification & Prevention

    Social Engineering is an art, where an attacker manipulates people to extract confidential information. That information could be used in various ways by criminals. Individuals are targeted to install malicious software that could give cybercriminals access to their operating systems,

    Red, Blue & Purple Team: Attacker, Defender & Facilitator

    The purple team exercises allow for regular testing of controls to ensure they still function as expected. Combining red and blue functions also means that the blue team does not have to learn the red-team skills, or take the time to recreate attack behaviors themselves.

    Rise & Fall of Proof of Work: Is Proof Of Stake The Inevitable Answer?

    Consensus algorithms are undoubtedly a major building block of blockchain technology. By definition, no single party can control the operation of a blockchain network, so consensus algorithms are relied on to achieve a common agreement.

    The DAO Dichotomy: Public Interest Or Personal Gain?

    DAOs can be seen as the next step in achieving this vision, eliminating the use of intermediaries in corporate governance. Functioning via an interconnected network of smart contracts, these Decentralized Autonomous Organizations are essentially communities that are fully managed and owned by their members.

    Achieving Security In Blockchain Part One: Outlining The Problem

    A major pillar of blockchain technology is transparency. This means that any system built on blockchain is by definition public- a fact that introduces an entirely new set of vulnerabilities and threats. As a result, cleverly orchestrated hacks on blockchain solutions are not an uncommon feat. Even the biggest names in the field continue to suffer from attacks, resulting in losses equating to millions of dollars. 

    Off-Chain Security: A Rising Reason For Recent Hacks?

    An off-chain transaction deals with values outside the blockchain and can be completed using a lot of methods. To carry out any kind of transaction, both functioning entities should first be in agreement, after that a third-party comes into the picture to validate it.

    Remote Work & Cybersecurity Risks 

    It is crucial to come up with innovative solutions against cyberattacks, especially when your workforce is remotely working. Since we know that remote work comes with a bunch of security risks, it is essential to cater to them.

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