Security
The Web3 world is filled with both opportunities and risks. This topic will provide you with a comprehensive analysis of security incidents in Web3, uncover common attack methods and vulnerabilities, and offer practical asset protection strategies and guidance.
According to legend, Pixiu is a magical creature, and it is said that treasures swallowed cannot be taken out from its body. This image aptly describes the Pixiu Pan scam: after users invest money, the price rises rapidly, triggering follow-up purchases, but ultimately finds that they cannot sell and the funds are locked up. The content of this issue includes the reasons why users fall into Pixiu Pan, typical tricks of Pixiu Pan scam, and corresponding safety suggestions. I hope it can help everyone be more vigilant and avoid pitfalls.
11/18/2024, 5:15:25 AM
Fake mining pool scams are aimed at new Web3 users. Scammers take advantage of newcomers' limited knowledge of the crypto market and their eagerness for high returns to trick them into investing money. In this guide, we will explore some common fake mining pool scams and offer security tips to help users steer clear of these traps.
11/18/2024, 4:23:43 AM
This article will help you understand the differences between legitimate, regulated crypto platforms and risky, unregulated exchanges. Knowing the red flags can protect your investments from scams and set you up for long-term success in the crypto market.
11/12/2024, 3:00:07 AM
Crypto Ransomware is a serious cybersecurity threat where malware encrypts user data and demands cryptocurrency as ransom for the decryption key. Cybercriminals prefer cryptocurrency because it can be received anonymously.
11/11/2024, 9:43:41 AM
The full impact of quantum computing on cryptocurrency is a huge concern for the industry. Once quantum computing is fully developed, it could crack the cryptography behind digital currencies in minutes. If you own crypto, continue reading to learn about the threat of cryptocurrency vs. quantum computing, the future of cryptocurrency and quantum computing, and what you can do to protect yourself.
11/10/2024, 12:00:52 PM
Security-style applications are an area of opportunity for crypto because it is one of the few areas where the clients (governments, communities) are willing to pay up in an insurance-style manner (defense happily pays for redundancy much like aviation).
11/8/2024, 1:47:21 AM
As blockchain technology rapidly evolves, privacy protection has emerged as a pressing issue. Aleo addresses the challenges of privacy and scalability, enhancing network security and sustainable development. This article delves into Aleo's technical advantages, application areas, tokenomics, and future prospects.
11/7/2024, 9:44:39 AM
This article discusses the top 10 wallets compatible with the Base blockchain. These wallets offer various features including ease of use, security, and compatibility with multiple blockchains. They are suitable for managing digital assets like buying, staking, swapping, and exploring NFTs. Some popular options include Metamask, Trust Wallet, and SafePal, each with its own unique set of features.
11/1/2024, 3:01:17 AM
This article delves into Web3 airdrops, the common types, and the potential scams they can involve. It also discusses how scammers prey on the excitement around airdrops to trap users. By analyzing the Jupiter airdrop case, we expose how crypto scams operate and how dangerous they can be. The article provides actionable tips to help users identify risks, safeguard their assets, and participate in airdrops safely.
10/24/2024, 2:37:01 PM
Smart contracts have become critical to blockchain technology considering the automated process they initiate which allows the easy bypass of intermediaries and related third parties, making the system more effective, efficient, and reliant. However, as smart contracts keep developing, it is critical to acknowledge the necessity of formal verification in assuring enhanced layers of security and reliability.
10/7/2024, 9:48:23 AM
Bitcoin ATMs are one of the most convenient ways to buy and sell Bitcoin. Such machines resemble standard ATMs, where users can exchange cash for Bitcoin and vice versa. But not all Bitcoin ATMs are compliant.
10/1/2024, 6:51:20 PM
As the Web3 sector continues to develop globally, blockchain security issues are becoming increasingly prominent. Ensuring the safety of users' and enterprises' digital assets, facilitating secure transactions, and effectively preventing cyberattacks have become key areas of concern. This article will review the top ten crypto security companies for user reference.
9/30/2024, 1:44:11 AM
This article analyzes custody rules and regulatory trends across different regions through the lens of the SEC's charges against Galois Capital. The U.S. requires qualified custodians to hold clients' crypto assets, while Hong Kong and Singapore have similar regulations, emphasizing the importance of anti-money laundering, asset segregation, and security measures.
9/27/2024, 3:33:00 PM
Governance attacks pose a significant security risk in decentralized blockchain governance. This article examines the governance attack on Compound, detailing its methods, the short- and long-term risks involved, and how technical improvements and community efforts can help mitigate these challenges. It also discusses prevention strategies and highlights the lasting impact of governance attacks on DeFi protocols and the broader ecosystem, enabling the industry to better prepare for future governance threats.
9/27/2024, 1:29:33 PM
This article explores the security risks involved in using crypto wallets, focusing particularly on phishing attacks that exploit Permit, Uniswap Permit2, and other methods of signing authorizations.
9/24/2024, 10:52:32 AM